Renovo Automation, LLC
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Renovo Automation, LLC - overview
Location
Minneapolis, MN, US
Primary Industry
Software
About
Renovo Automation, LLC, based in the US, specializes in advanced network management solutions for the energy sector, providing real-time platforms for efficient monitoring and control of energy systems. Renovo Automation, LLC is focused on delivering technology management solutions for the energy industry. The company is headquartered in Minneapolis, US. It completed a deal on October 23, 2025, which involved an investment from Accurant International to strengthen its utility infrastructure.
Renovo Automation LLC specializes in providing advanced network management solutions designed to address the complexities of technology management in the energy sector. Their core offerings include a secure, modern real-time platform that facilitates efficient monitoring, optimization, and control of energy systems, along with advanced grid and generation management applications. The platform supports both modern and legacy remote terminal units (RTUs) and Internet of Things (IoT) devices, ensuring a seamless integration of existing technologies. Targeted towards utility companies and energy market participants, the company aims to enhance operational efficiency and reduce costs through rapid deployment capabilities and advanced features such as AI-driven operator assistance and real-time performance monitoring.
Their products are geared towards clients in various geographical markets, including North America and Europe, where energy management and regulatory compliance are critical. Renovo Automation generates revenue primarily through direct business-to-business transactions with utility companies and energy market operators. The company employs a subscription-based pricing model for its software solutions, enabling clients to access ongoing support and updates while ensuring system reliability and compliance with regulatory standards such as NERC CIP. Transactions typically involve long-term partnerships where clients subscribe to the platform for a comprehensive suite of services that includes deployment, maintenance, and performance optimization.
Specific pricing structures for individual products and services are designed to cater to varying scales of operation, focusing on delivering value through advanced technology solutions tailored to the needs of energy management clients. The company's commitment to providing exceptional service enhances their competitive edge in the market. Renovo Automation's strategy for future growth includes the ongoing development of new products designed to enhance utility infrastructure, with details on specific product launches to be announced. The company aims to expand into new geographic regions, particularly within North America and Europe, with a target completion date aligned with the latest funding initiatives.
The investment from Accurant International in October 2025 will support these growth plans, allowing Renovo Automation to strengthen its utility infrastructure.
Current Investors
Accurant International
Primary Industry
Software
Sub Industries
Systems Management Software, Analytics & Performance Software
Website
www.renovoautomation.com/
Verticals
Artificial Intelligence, IoT (Internet of Things)
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Renovo Automation, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Renovo Automation, LLC | - |
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