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Renewal Mill

Renewal Mill

Private
Canandaigua, New YorkEnergy & Sustainabilityhttps://www.renewalmill.com/

Last Round

Series A

Jun 1, 2023

Est. Valuation

$7M

Total Funding Raised

$3.74M

Company Overview

Renewal Mill is a food and ingredients company that upcycles byproducts from food manufacturing into high-quality ingredients and plant-based consumer products.

Sector

Energy & Sustainability

Verticals

Circular Economy, Sustainable Materials, D2C Brands, Supply Chain

Business Model

B2C

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

upcycled foodupcycled ingredientsfood waste reductioncircular economyokara floursustainable foodupcycled flourfood techconsumer packaged goodsCPGbaking mixessustainable supply chainplant-based ingredientsfood manufacturingzero waste food

Historical Pricing

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Caplight Momentum Score

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Renewal Mill Comps

Public and private peers based on sector, stage, and business model.

Renewal Mill comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Renewal Mill Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AJun 1, 2023
SeedMay 4, 2021
CrowdfundingNov 30, 2020
SeedJan 28, 2019
AcceleratorJul 18, 2018

Key People

Founding team and executive leadership

Claire Schlemme

Co-Founder CEO

Founding Team

Renewal Mill Investors

Notable investors and investment history

Renewal Mill investors
InvestorRounds
Purple Sage VenturesSeed
HG VenturesSeed
TechstarsAccelerator
Beyond Impact AdvisorsSeed, Series A
Georgetown Angel Investor NetworkSeed
ECP GrowthSeed
CargillAccelerator

Market signals

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  • Nov 30, 2020

    Raised $116K in a crowdfunding round.

  • Jan 28, 2019

    $3M round led by HG Ventures

Renewal Mill Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Renewal Mill Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersCanandaigua, New York
Employee Range6
Year Founded2016
Last FundingJun 1, 2023

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