“Can a licensed mortgage broker platform become the definitive distribution and technology layer for renovation home equity lending through US credit unions?”
Founded in 2018 as a marketplace connecting homeowners to renovation-specific financing products, RenoFi built its differentiation around underwriting home equity loans and HELOCs against After Renovation Value — unlocking larger borrowing capacity for renovation projects. Rather than becoming a lender itself, RenoFi operates as a licensed mortgage broker and technology platform that partners with credit unions to originate loans under the RenoFi brand. By 2026 the platform had facilitated over $1.5B in funded loans and began leaning into AI tooling, positioning itself as a credit union distribution and renovation lending OS.
Renofi was founded by Justin Goldman, Robert Shedd and Lee Miller and is founded in 2018, headquartered in Berwyn (Philadelphia), PA, USA.
Renofi has raised $65M in total (latest round: Series B, 2026).
Get a read on where your own stack stands against Renofi and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.