Renovai Overview
Renovai is the developer of an automatic, AI-based interior design platform. Customers complete a short questionnaire regarding their needs, requirements, and taste, and the company's system designs the space and visualizes it in a lifelike 3D model.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Renovai secures $3.7 million in funding in seed round
Israeli interior design startup Renovai has closed its seed round of $3.7 million. The round was led by Verstra Ventures and co-led by Temple & Webster. Renovai offers a virtual interior designer powered by visual artificial intelligence. The funding will be used to develop new products, optimize existing ones, and expand the team. Temple & Webster, an online retailer of furniture and homeware, went public in 2015 and is valued at $1 billion. The partnership with Renovai allows Temple & Webster to offer personalized shopping experiences. Verstra Ventures sees potential in Renovais ability to bridge the gap between design methodology and AI, creating new revenue opportunities for online retailers.
InvestmentPartners
| Sector | Business Software |
Funding
| Total funding | $4.25M |
| Last funding | $3.7M |
| Stage | Seed |
| Rounds | 2 |
| Investors | 6 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.renovai.com/ |
| Careers | Careers page |
Locations
Ha-Shoftim St 28, Tel Aviv, Israel
Photos & Videos
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