Renovation financing startup RenoFi raised $14 million in Series A funding led by Canaan, with Nyca Partners and CMFG Ventures participating. Why it matters: The company aims to make the surging demand for home improvements affordable by providing financing to its customers. Context: The renovation market is being driven by […]
Financing
Hans Zandhuis is the head of Ally Lending, based in Charlotte, North Carolina. getty Since the onset of the pandemic, the number of home improvement projects has sharply increased. In fact, 74% of homeowners planned to work on their homes in Q3 last year, up 4% from a year before. These […]