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Renow logo — AI based recommerce

Renow

AI based recommerce

Founded 2022 Finland Finland 10 employees Seed Total: $1.80M

General Information

Company Name Renow
Founded Year 2022
Location Finland Finland
Employees 10
Funding Stage Seed
Business Model B2B, B2C, SaaS
Revenue Model Freemium, Marketplace Fee, Service Fee
Social

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About Renow

Renow, founded in 2022, is innovating in the recommerce sector with its AI based recommerce platform. Headquartered in Finland, the company aims to revolutionize how marketplace supply is built by implementing virtual warehouses and a grading engine for retailers and 3PLs with a freemium model. This approach significantly disrupts traditional supply chains.

For consumers, Renow provides access to high-quality, second-cycle products from top brands at impressive discounts, contributing to its vision of making recommerce a mainstream choice and reducing waste. The company received a €1.80M seed investment on 01 June 2025 from notable investors including Superhero Capital, Greencode Ventures, and Street Smart Capital, reflecting strong investor confidence in its business model and growth potential.

Business keywords: AI-based recommerce, marketplace supply, virtual warehouses, grading engine, freemium model, retailers, 3PL (third-party logistics), high-quality 2nd cycle products, top-brands, discount retailing, supply chain disruption, waste reduction, mainstream recommerce

Services & Products

AI-powered Returns and Resale Platform
Trade-in Services for Pre-owned Goods
B2B Buyback Solutions
Decentralized Warehouse Network

Target Customers

Retailers Marketplaces Brands Merchants

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed €1.80M 3
Superhero Capital Greencode Ventures
Superhero Capital, Greencode Ventures +1
01 Jun 2025

Renow Alternatives & Competitors

Renow vs
Good Goods
Good Goods United States

Let’s make Reuse a thing

Seed
3 employees
Marketplaces, Supply Chain

FAQ About Renow

AI based recommerce
Renow was founded in 2022.
Renow is headquartered in Finland.
Renow has a B2B, B2C and SaaS business model. Its revenue comes from Freemium, Marketplace Fee and Service Fee.
Renow has approximately 10 employees.
Renow has completed 1 funding round, raising a total of $1.80M. The latest funding stage is Seed.
Renow offers: AI-powered Returns and Resale Platform, Trade-in Services for Pre-owned Goods, B2B Buyback Solutions, Decentralized Warehouse Network.
Top alternatives and competitors to Renow include Good Goods. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Renow and Good Goods are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Renow, https://bouncewatch.com/company/renow, updated 13 November 2025. When citing, please name BounceWatch and link this page.

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