Reno, a UAE based renovation-tech startup, has raised $4 million in a mixed equity and debt round to expand its AI powered renovation operating system across the Gulf Cooperation Council. The company said the new capital will fuel GCC market expansion, enhance its AI design infrastructure and support the rollout of its new real-time renovation design app slated for early 2026.
Founded in 2024 by Marc Michel, Amr Hosny and Farah Karabeg, Reno operates as an end to end renovation platform that integrates interior design, contractor management, project oversight and financing into a single workflow. Investor disclosures and regional reports note that the round was backed by firms including 500 Sanabil, Hub71, Plus VC, Zero 100 VC, Flyer One Ventures, Sandstorm VC, AngelSpark and Swiss Founders Fund.
A central component of Reno’s next phase is its upcoming AI design application, which includes real time visualization tools, instant cost estimates and what the company describes as an “intelligent materials engine” to streamline early-stage planning. This feature set, discussed in detail in Arabian Gulf Business Insight and investor statements, is designed to reduce the friction typically associated with renovation projects by providing homeowners with immediate clarity on design options and budget expectations. Reno has also emphasized embedded financing, including “renovate now, pay later” models, along with standardized contractor workflows to improve transparency across the renovation lifecycle.
