UAE's Reno, a Home Renovation Tech Platform, Secures $4 Million to Fuel GCC Expansion

Reno, a technology platform based in the UAE specializing in home renovation and interior design, has successfully closed a $4 million funding round, comprised of a mix of equity and debt.

The funding is specifically aimed at building the region's first end-to-end operating system for renovation processes.

The round was led by prominent investors, including Sanabil 500, Hub71, Plus VC, Zero 100 VC, FlyerOne Ventures, Sandstorm VC, AngelSpark, and the Swiss Founders Fund.

Leading Home Renovation with AI Technology

Founded in 2024 by Marc Michel, Amr Hosny, and Farah Karabeg, Reno positions itself as a comprehensive, all-in-one platform for interior design and renovation across residential and commercial projects.

The current funding will support the launch of Reno’s new app in early 2026, which is set to introduce innovative features, including:

• Real-time AI-powered design.

• Instant budget estimates.

• An Intelligent Materials Engine, providing customers with complete clarity from the very start of their renovation journey.

A Comprehensive and Transparent Business Model

Unlike traditional renovation services, Reno integrates all stages of the renovation process into a single platform, covering design, project management, contractor oversight, and financing options.

One of its signature offerings is the "Renovate Now, Pay Later (RNPL)" financing option. This model provides a transparent, structured, and fully supervised renovation experience, giving homeowners and property investors unmatched control and visibility through AI-driven workflows and transparent, milestone-based processes.

Control and Growth for Investors: Ibrahim Shami, CEO and Co-founder of Seraya (one of the fastest-growing short-term rental operators in the UAE), leveraged the RNPL financing options to renovate multiple units without paying upfront.

Reno's support helped him double his portfolio's renovation pace from two to four apartments per month, effectively turning a renovation "bottleneck into an opportunity to expand faster and smarter."

Reducing Stress for Families: For a customer like Camillo Schobesberger, a busy professional, the platform-driven approach transformed his renovation into a smooth, structured experience thanks to daily updates, clear budget oversight, and milestone-linked payments. He noted that the platform "made the renovation journey smooth for my family, minimising disruption," and the carefully managed upgrades "increased my property value by nearly 40%."

Expansion Outlook

Marc Michel, Co-founder and CEO of Reno, stated: "Our goal is to make home renovations as seamless and transparent as possible."

With the new $4 million funding, Reno plans to expand its geographical footprint across the GCC region, scale its technology capabilities, and continue to refine the renovation experience.

By leveraging innovation and data-driven workflows, Reno is redefining how renovations are managed, helping clients save time, reduce stress, and maximize their property value.