Renovo Financial, founded in 2011 in Chicago, is the Midwest’s largest and fastest-growing private lender serving real estate entrepreneurs. The firm focuses on acquisition, rehab, and new construction loans for land, single-family homes, multifamily properties, and mixed-use developments. Since launch it has funded in excess of $1 billion across 2,100 projects. Renovo uses proprietary systems to enable clients to execute seamlessly and emphasizes strong customer service. The company recently launched a commercial real estate lending platform targeting larger commercial loans as a major growth engine. Management says the new investment and partnerships will catalyze expansion into New York, Boston, and other major metropolitan areas. Renovo Financial is a specialty finance firm founded in 2011 in Chicago that provides capital to residential real-estate investors, serving single-family and small multi-family projects. The company offers short-term acquisition-and-construction loans as well as long-term financing for rental property investors and supports customers with high-touch service and technology. Renovo was founded by CEO Kevin Werner, Head of Lending Daniel Rosen and Granite Creek Partners. The firm plans to use new capital to aggressively grow its lending platform, expand into new markets, and extend its lending activities to better serve an underserved marketplace. Management emphasizes tailored products, responsive customer service, and support through all stages of a project. The company is approaching its fifth anniversary and says it will leverage additional funding to scale its operations and market reach. Renovo Financial originates short-term rehabilitation loans and longer-term landlord loans to creditworthy, experienced residential rehab investors, enabling them to acquire, renovate and sell or rent properties. The company typically funds small to mid-sized projects, generally up to $1M per project. Renovo aims to reduce investors' cost of capital and support property acquisition and disposition. Founded in 2011 by CEO Kevin Werner, the firm is based in Chicago, Illinois. Its product mix targets rehab investors and landlord financing with a focus on portfolio growth and product diversification. Recent financing activity is intended to refinance existing loan portfolio growth and support further expansion of offerings.

Total raised

$75M

Funding rounds

3

Latest round

Equity

Latest activity

May 2016