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Renew

Renew

Private
New York City, New YorkEnergy & Sustainabilityhttps://heyrenew.com/

Last Round

IPO

Jun 8, 2026

Est. Valuation

$840.71M

Total Funding Raised

$3.91B

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Renew is a software company that provides an AI-powered retention management platform for multifamily and single-family rental operators to automate and optimize the resident renewal process.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Energy Storage, Energy Management, Alternative Fuels, Clean Manufacturing

Business Model

B2G

Customer Profile

Government Contracts, Services & Consulting, Hardware Sales

AI Layer

Non-AI

Keywords

renewable energyIndependent Power ProducerIPPPower Purchase AgreementsPPAwind power generationsolar power generationwind farmsolar farmcorporate PPAsdecarbonization solutionsC&I renewablesenergy storagegreen hydrogennet-zero solutionshydropower generationhybrid renewable energysolar manufacturingcarbon creditspower transmission

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Renew Comparables

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Renew Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
IPOJun 8, 2026
Growth EquityMar 16, 2026
DebtJan 23, 2026
Series AOct 14, 2025
Growth EquityMay 6, 2025
Strategic
May 6, 2024

Key People

Founding team and executive leadership

Darpan Gupta

Sr. Manager - CEO Office

Executive Team

Karron Marston

CEO Office Wind EPC CEC

Executive Team

RENATO SCARCELLO

Chief Executive Officer

Executive Team

Balram Mehta

Group President ReNew Services Business Member Of Management Board, Chief Operating Officer

Executive Team

Renew Investors

Notable investors and investment history

Renew investors
InvestorRounds
CPP InvestmentsPrivate Equity, IPO
Walkabout VenturesSeed
RMG Acquisition Corporation IIIPO
Allianz Global InvestorsGrowth Equity
Sylebra CapitalIPO
Global Environment FundVC Round, Early Funding
Upfront VenturesSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 8, 2026

    Company has raised an IPO round.

  • Jun 8, 2026

    Received 'Energy Transition Changemaker' award from COP28 UAE Presidency.

Recent news

Latest coverage and updates

  • invests_into_assetsSep 23, 2026

    Renew invests into assets: facility in the amount of $439M in Anakapalle, India, Southern Asia, Asia.

  • is_developingSep 23, 2026

    Renew is developing training programme on Sep 24th '26.

  • invests_into_assetsSep 23, 2026

    Renew invests into assets: 6.5 GW solar ingot and wafer manufacturing facility in the amount of $439M in Anakapalle, India, Southern Asia, Asia.

  • expands_facilitiesAug 30, 2026

    Renew expanded facilities to Anantapur, India, Southern Asia, Asia on Jul 1st '25.

  • expands_facilitiesAug 13, 2026

    Renew will expand facilities to India, Southern Asia, Asia on Jul 1st '29.

Renew Filings

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Renew filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersNew York City, New York
Employee Range5,368
Year Founded2021
Last FundingJun 8, 2026

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