Rensource Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 95

Employees

  • Latest Deal Type
  • Debt

  • Latest Deal Amount
  • $15M

  • Investors
  • 15

Rensource General Information

Description

Provider of renewable energy-related services intended to improve the productivity of businesses by solarizing. The company specializes in the development and financing of solar-hybrid captive power provision, and deploys any combination of solar power and fossil-fired power, primarily gas and diesel, but also including natural gas with appropriate battery storage systems, enabling commercial, industrial, and utility customers to have access to solar-based decentralized energy and reducing energy expenses using clean energy sources.

Contact Information

Website
www.rensource.energy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 3B, Tiamiyu Savage Street
  • Victoria Island
  • Lagos, 106104
  • Nigeria
+234 0909
Primary Industry
Alternative Energy Equipment
Other Industries
Other Energy Services
Vertical(s)
CleanTech, Climate Tech
Corporate Office
  • 3B, Tiamiyu Savage Street
  • Victoria Island
  • Lagos, 106104
  • Nigeria
+234 0909

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Rensource Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Debt - General 13-Jul-2023 $15M Completed Generating Revenue
9. Later Stage VC (Series B) 14-Jul-2022 Completed Generating Revenue
8. Secondary Transaction - Private Completed Generating Revenue
7. Later Stage VC 23-May-2022 Completed Generating Revenue
6. Later Stage VC 04-Feb-2020 Completed Generating Revenue
5. Early Stage VC (Series A) 18-Dec-2019 Completed Generating Revenue
4. Early Stage VC 01-Nov-2018 Completed Generating Revenue
3. Debt - General 02-Aug-2018 Completed Generating Revenue
2. Early Stage VC 30-Jan-2018 $3.5M $3.67M Completed Generating Revenue
1. Seed Round 27-Jul-2016 $175K $175K Completed Generating Revenue
To view Rensource’s complete valuation and funding history, request access »

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Rensource Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of renewable energy-related services intended to improve the productivity of businesses by solarizing. The comp
Alternative Energy Equipment
Lagos, Nigeria
95 As of 2022

Lagos, Nigeria
 

Auckland, New Zealand
 
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Rensource Competitors (4)

One of Rensource’s 4 competitors is Starsight Power Utility, a Private Equity-Backed company based in Lagos, Nigeria.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Starsight Power Utility Private Equity-Backed Lagos, Nigeria
SolarZero Formerly PE-Backed Auckland, New Zealand
Greenlite Lighting Solutions Corporation Blackpool, United Kingdom
Great Northern Minerals Corporation West Perth, Australia
To view Rensource’s complete competitors history, request access »

Rensource Signals

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Weekly Growth

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Rensource Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
EDP Renováveis Corporation Minority
Inspired Evolution Growth/Expansion Minority
Investisseurs & Partenaires Impact Investing Minority
Angel (individual) Minority
Playfair Capital Venture Capital Minority
You’re viewing 5 of 15 investors. Get the full list »

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Rensource FAQs

  • When was Rensource founded?

    Rensource was founded in 2015.

  • Where is Rensource headquartered?

    Rensource is headquartered in Lagos, Nigeria.

  • What is the size of Rensource?

    Rensource has 95 total employees.

  • What industry is Rensource in?

    Rensource’s primary industry is Alternative Energy Equipment.

  • Is Rensource a private or public company?

    Rensource is a Private company.

  • What is Rensource’s current revenue?

    The current revenue for Rensource is .

  • How much funding has Rensource raised over time?

    Rensource has raised $55M.

  • Who are Rensource’s investors?

    EDP Renováveis, Inspired Evolution, Investisseurs & Partenaires, , and Playfair Capital are 5 of 15 investors who have invested in Rensource.

  • Who are Rensource’s competitors?

    Starsight Power Utility, SolarZero, Greenlite Lighting Solutions, and Great Northern Minerals are competitors of Rensource.

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