You’re here because you’re considering a home renovation. And you’re not alone. In fact, you’re now part of the majority. According to a Harvard University study, there is an expected 8.6% rise in home renovation and maintenance spending all through 2022.

You and your spouse have started a family and bought a home within the last few years.

You chose a family-oriented neighborhood in a town with great schools. Because of this, the house wasn’t cheap.

And most likely the home was pretty old, likely older than you. Don’t worry, you are not alone, in states like Pennsylvania & New York the average home is over 50 years old!

Rob, Lee and I started RenoFi in early 2018 because of the belief that we could make a difference in millions of homeowners’ lives by empowering them to transform their homes into spaces they love with a smart and affordable financing solution. Little did we know that world events would bring people’s satisfaction with their home into such sharp relief.

Today, we are announcing that we raised our Series A of $6.4M led by Brendan Dickinson of Canaan, along with participation from Comcast Ventures and First Round Capital. It’s also worth noting that Josh Kopelman of First Round Capital led our seed round, which we had not announced previously.