# RenewaFi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/renewafi

- Industry: Renewable Energy
- Headquarters: New York, US
- Website: www.renewafi.com
- Total disclosed funding: $3M
- Latest round: Seed (Mar 29, 2022)
- Investors on record: 6

## About

Based in New York, US, and founded in 2019 by Noam Yaffe, RenewaFi LLC is a company that offers a marketplace that helps companies and utilities buy renewable energy directly from clean power plants. In February 2025, Pexapark AG, a portfolio company of Titanium Ventures, Swisscom Ventures, BayWa r.e. Energy Ventures, and Technology Fund, acquired RenewaFi LLC from Alumni Ventures Group, BoxGroup, First Round Capital, Floating Point, Powerhouse Ventures, and Reform Ventures. Financial terms of the transaction were not disclosed. The company offers its service to those businesses and utilities that require buying and selling renewable energy. The company operates as an intelligent process automation and auction technology developer, aiming to assist users in the sourcing and analysis of power purchase agreements. The company facilitates the buy or sell of renewable energy in four simple steps: first, the buyer and seller need to submit the description of the energy they require to buy or sell on the company website; then an automated auction will happen based on the inputs provided; compare and analyze the proposals; the company has the proprietary algorithms and data to recommend the best deals; and finally, complete the deal by clicking and downloading the contract. The customer of the company can obtain renewable energy quickly, securely, and without unnecessary transaction fees. The acquisition aims to accommodate Pexapark's demand in the US and Europe.

## Funding rounds

- Seed, Mar 29, 2022, $3M — First Round Capital, Powerhouse Ventures, BoxGroup, Alumni Ventures Group, Reform Ventures, Floating Point

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed
- Powerhouse Ventures — Seed
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Reform Ventures — Seed
- Floating Point (https://capitalatlas.ai/funds/floating-point) — Seed