Reno, the UAE based renovation technology platform, has secured four million dollars in a mix of equity and debt. The funding came from a strong group of regional and global investors. The round strengthens Reno’s vision to build the region’s first complete operating system for residential and commercial renovations.
A New Model for Renovation Technology
Reno launched in 2024 with a simple idea. It wanted to bring structure, clarity and speed to the renovation market. The founders, Marc Michel, Amr Hosny and Farah Karabeg, built an end to end platform that manages every stage of the renovation journey.
The platform brings together:
- Interior design solutions
- Full project management
- Contractor supervision
- Budget clarity and financing support
The new funding will support the launch of Reno’s app in early 2026. The app will introduce real time AI powered design, instant budget estimates and an intelligent materials engine. Users will gain full visibility from the first step of their renovation plan.
Scaling Across the GCC
Reno plans to expand across the UAE and the wider GCC. The company aims to simplify the renovation process for homeowners and investors. It has gained strong traction by solving common challenges that slow down renovation work.
Its approach focuses on:
- Centralised workflow management
- Milestone based oversight
- Transparent pricing
- Flexible financing, including Renovate Now, Pay Later
These features help clients avoid delays and unexpected costs. They also give users confidence through daily updates and complete project tracking.
Transforming the Homeowner Experience
Many homeowners face stress during renovation projects. Reno aims to remove that burden. A clear example comes from Camillo Schobesberger, a busy professional and father of two. He used Reno to upgrade his home without disrupting family life.
He gained:
- Daily progress updates
- Clear budget control
- Milestone linked payments
- Full remote supervision
The organised workflow helped him avoid additional costs. His upgrades also increased the value of his property by nearly forty percent. He described the experience as smooth, structured and easy to manage.
Unlocking Value for Property Investors
Reno also supports property investors who need to scale their renovation cycles. Ibrahim Shami, CEO and co founder of Seraya, used Reno to speed up his short term rental renovation plan. With Renovate Now, Pay Later, he renovated multiple units without upfront payments. He repaid costs once rental income began to flow.
This support allowed him to increase his renovation pace from two units to four per month. It also helped him expand his portfolio faster and with greater control.
Building the Future of Renovations
Co founder and CEO Marc Michel stated that Reno aims to make renovations simple, transparent and efficient. The company will use the new funding to grow across the GCC and enhance its technology stack. By using innovation and data driven workflows, Reno brings clarity to a process that usually creates stress. It helps clients save time and maximise property value with confidence.