Renovate America is the fastest-growing provider of financing for energy and water efficiency home improvements in the U.S. The company's award-winning HERO Program (Home Energy Renovation Opportunity) provides municipalities with a comprehensive residential PACE financing solution that also includes consumer protection, business automation software, workforce training and ongoing access to private capital. This unique public-private partnership offers consumers over 1 million products that save or reduce energy and water consumption. To date, the Program has provided more than $900 million in financing, created more than 7,500 local jobs, saved homeowners a projected $1.7 billion on their energy bills, reduced water use by more than 1.6 billion gallons, and reduced greenhouse gas emissions by the equivalent of taking more than 300,000 SUVs off the road for a year. Public recognition of HERO includes the Governor's Environmental and Economic Leadership Award in California, the Urban Land Institute Best of the Best, and the Southern California Association of Governments President's Award for Excellence.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/02/15 | $90,000,000 | Growth |
400 Capital Management 406 Ventures DB Masdar Cleantech Fund DFJ Growth RockPort Capital Silver Lake Kraftwerk Valor Equity Partners | undisclosed |