# rENIAC

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

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.reniac.com
- Latest round: Series A (Mar 10, 2020)
- Investors on record: 7

## About

rENIAC, Inc. is an innovative company specializing in advanced technologies and services to enhance operational efficiencies and drive business growth in various sectors.Founded in 2012, rENIAC, Inc. is based in Santa Clara, US. The company focuses on delivering cutting-edge solutions and has successfully completed four deals through recent years. The latest funding round occurred on March 10, 2020, when rENIAC, Inc. raised USD 30,000 from investors including Alchemist Accelerator and Right Side Capital Management. Prasanna Sundararajan, the co-founder, currently serves as CEO alongside fellow founder Chidamber Kulkarni.rENIAC, Inc. offers a wide range of technological solutions designed to improve business processes and operational efficiencies. The company's services cater to various industries, providing tailored solutions that leverage data analytics and software development to meet client needs.The revenue model of rENIAC, Inc. includes income generated from its service offerings and technology solutions. Clients engage with the company through various contracts, contributing to a predictable revenue stream that supports ongoing innovation and service enhancement.Looking ahead, rENIAC, Inc. plans to expand its product offerings by developing new technology solutions aimed at emerging markets. The company is also targeting expansion into new geographic regions, focusing on growth in Asia by the end of 2022. Recent funding will be utilized to support product development and marketing initiatives to facilitate this expansion.

## Funding rounds

- Series A, Mar 10, 2020 — Intel Capital, Divergent Capital Partners, Bullpen Capital, UMC Capital, Leawood Venture Capital, Upheaval Investments, J-Ventures

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A
- Divergent Capital Partners (https://capitalatlas.ai/funds/divergent-capital-partners) — Series A
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A
- UMC Capital (https://capitalatlas.ai/funds/umc-capital) — Series A
- Leawood Venture Capital (https://capitalatlas.ai/funds/leawood-venture-capital) — Series A
- Upheaval Investments (https://capitalatlas.ai/funds/upheaval-investments) — Series A
- J-Ventures (https://capitalatlas.ai/funds/j-ventures) — Series A