- Reno has announced raising $4 million to support technology-driven renovations across the UAE and the GCC region.
- The funding round was led by eight major investors, including Sanabil 500, Hub71, Plus VC, Zero 100 VC, FlyerOne Ventures, Sandstorm VC, AngelSpark, and Swiss Founders Fund.
- Reno aims to use the new capital to launch a new AI-powered application next year, enhancing its capabilities and improving the renovation experience for customers.
Reno, the technology-driven renovation platform, has announced securing $4 million in a funding round led by 500 Sanabil, Hub71, Plus VC, Zero 100 VC, FlyerOne Ventures, Sandstorm VC, AngelSpark, and Swiss Founders Fund.
New App Coming Soon
The round includes a mix of equity and debt, enabling Reno to expand its operations and build the region’s first comprehensive operating system for renovations. The funding also supports the platform’s ongoing efforts to launch its new AI-powered Reno app early next year.
The upcoming app is designed to offer real-time AI-assisted design, instant budget estimates, and a smart materials engine that gives customers complete clarity from the very first step of their renovation journey.
The new investment aims to support Reno’s expansion across the UAE and GCC markets, strengthening its mission to simplify and streamline the renovation experience through technology, innovation, and data.
Reno also seeks to redefine how renovations are managed by helping customers save time, reduce stress, and maximize the value of their properties.
The platform plans to integrate design options, project management, contractor oversight, and financing—including its signature “Renovate Now, Pay Later” offering—into a single solution, creating a transparent, organized, and fully supervised renovation experience.
By combining AI-driven workflows with transparent oversight, all outcomes are centralized through milestone-based processes that provide homeowners and real-estate investors with unprecedented control and visibility.
