Reneo provides an end-to-end, software-driven asset management platform (Reneo Core System) that uses machine learning to identify and implement cost-efficient, large-scale decarbonisation strategies for single-unit and multi-family residential assets. The company combines technology, renovation, investment and asset-management capabilities to modernise poorly performing buildings, convert under-utilised spaces, and lower tenant energy costs. Reneo reports achieving up to 30–60% reductions in energy consumption and has executed more than €500M of asset transactions since 2020, investing over €200M in 2024. The platform employs around 100 people across five German locations and has acquired over 600 units totaling roughly 40k sqm in Berlin and Hamburg. Reneo serves both retail and institutional customers and aims to scale programmatic, standardized retrofit solutions to address a large supply of energy-inefficient housing in Germany and beyond.

Total raised

$53M

Funding rounds

1

Latest round

Series B

Latest activity

Feb 2025