Render Networks Pty Ltd
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Render Networks Pty Ltd - overview
Established
2013
Location
-, -, Australia
Primary Industry
Software
About
Based in Victoria, Australia, and founded in 2013 by Dan Flemming and Joe Forbes, Ren Render Networks Pty Ltd. , a. k. a.
Render is a software company that develops a geospatial construction platform for fiber network utility operators to deliver networks without the need for manual, paper-based construction packs. In April 2022, IFM Investors acquired a majority stake in Render Networks Pty Ltd for AUD 40 million. As of February 2023, Sam Pratt is the CEO of the company. The company provides a digital platform that utilizes advanced algorithms and machine learning (ML) capabilities to optimally design, plan and track construction delivery across the project lifecycle by automating manual tasks, optimizing resources, and map-based visualization.
The platform offers a wide range of features, including materials management, work management, service drops, digital redlines, change management, quality analysis, project board, and digital completion pack. Render’s client base includes fiber network utility operators, such as SpringNet, Strata Networks, First Electric Co-operative in the US, and Wessex Internet in the UK. In addition, the firm also serves construction contractors and project managers, such as The Broadband Group and Irby Utilities in the US, and more.
Current Investors
IFM Investors
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software
Website
www.rendernetworks.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Render Networks Pty Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Render Networks Pty Ltd | - |
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