Public company, workplace, funding, and market signals
Updated Aug 16, 2026
RenoFi is a financial-technology company and licensed mortgage broker that helps homeowners finance renovations and enables credit unions, banks, and other lenders to offer renovation-specific loan products. Its platform evaluates a property’s projected after-renovation value and connects borrowers with partner lenders; RenoFi is not itself a lender.
Primary product
RenoFi Loans and Renovation Underwriting platform: renovation HELOCs, fixed-rate home-equity loans, cash-out refinancing, and related renovation-financing products underwritten using a home’s after-renovation value.
Founded
2018
Headquarters
1189 Lancaster Avenue, Suite 207, Berwyn, Pennsylvania 19312, United States
Team size
70-80
Work style
Remote
Industry
Financial services
Sub-industry
Fintech; mortgage technology; renovation lending
Offices
Business model
Stage
Series B
Total raised
$65M
Latest round
Series B · Mar 2026
Latest amount
$22M
Mar 2026 · Fifth Wall
Apr 2022 · Canaan Partners
Jun 2020 · Canaan Partners
First Round Capital
Leadership
Co-Founder & CEO
Co-Founder & President
Co-Founder & CTO
Susan Chylik
General Counsel & Chief Compliance Officer
Steve Rizzetta
Head of Wholesale
Brandon Silvia
Executive Vice President, National Production
Director of Engineering
Emily L'Italien
Head of People
Lucas Jones
Head of Mortgage Lending Operations
Investors
RenoFi describes itself as a fully distributed, remote-first organization built around radical collaboration, feedback, flexibility, trust, high ownership, meritocracy, and ambitious execution. The company says it takes the work seriously but not itself and hires internationally across multiple countries.
Work style
Remote
Compensation
Public job postings signal competitive cash and equity compensation. A Senior Accounting Manager posting listed $135,000-$165,000 annually; public salary data for software engineers has shown approximately $96,000-$137,000 annually, though submitted salary data is limited. Some remote postings prioritize EMEA or Latin America and state that benefits vary by country.
Benefits
Pricing
Borrowers generally do not pay RenoFi a direct platform fee for RenoFi Loans; RenoFi states that partner lenders pay for its renovation-underwriting services. Borrowers may still pay lender origination and closing costs, appraisal fees, title and escrow costs, and possible temporary renovation-period charges. Rates and fees vary by partner lender and product.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1 million-$12 million annually; third-party estimates vary materially, including a LinkedIn/Exa estimate of $1 million-$10 million and Growjo estimate of approximately $12 million
Estimated monthly visits
34K
Traffic estimate as of Jun 2026
Multiple former employees publicly reported a third wave or latest round of layoffs affecting engineering, product, QA, UX, and other teams. The company did not appear to publish a quantified workforce reduction in the sources reviewed.
SourceFormer employees publicly reported layoffs affecting engineering and product staff.
SourceRenoFi announced a $22 million Series B and plans to substantially expand its retail team, lending partnerships, and AI-enabled underwriting platform. This is a growth signal, but the company remains a private, venture-backed fintech operating in a regulated and cyclical mortgage market.
SourceHousingWire · Apr 2026
RenoFi hired Brandon Silvia as Executive Vice President and National Production Leader to oversee national sales, production, loan-officer recruiting, and adoption of the company’s AI-enabled renovation-lending platform.
PR Newswire · Mar 2026
RenoFi announced a $22 million Series B led by Fifth Wall with participation from Progressive Insurance and other investors, bringing reported total capital raised to $65 million. The company said the funds would support retail expansion, credit-union partnerships, and its AI-enabled renovation-underwriting engine.
HousingWire · Mar 2026
HousingWire reported that RenoFi had facilitated more than 8,000 renovation loans totaling over $1.5 billion and analyzed approximately $2 billion in renovation project value. The article also described plans to more than triple the retail team and recruit nearly 100 people.
CUInsight · Jun 2023
RenoFi and TruStage announced a distribution agreement intended to bring RenoFi’s renovation-underwriting technology and after-renovation-value home-equity products to more credit unions.
Axios · Apr 2022
RenoFi raised $14 million in Series A funding led by Canaan Partners, with participation from NYCA Partners and CMFG Ventures, to scale its renovation-financing platform for lenders.
3 jobs at RenoFi