Rensource

Rensource develops, manages and supplies critical infrastructure management solutions for small and medium-sized enterprises. Read more

17 Followers on Owler
17 Followers on Owler
17 Followers on Owler
17 Followers on Owler

Rensource

Rensource develops, manages and supplies critical infrastructure management solutions for small and medium-sized enterprises. Read more

Ademola Adesina's photo - Co-Founder & CEO of Rensource

Co-Founder & CEO

Ademola Adesina

CEO Approval Rating

82/100

Founded:

2015

Status:

PrivateIndependent Company

RENSOURCE TOP COMPETITORS OR ALTERNATIVES

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Lumos Global B.V. is perceived as one of Rensource's biggest rivals. Lumos Global B.V. was founded in 2012, and its headquarters is in Amstelveen, Noord-Holland. Lumos Global B.V. competes in the Renewable Energy field. Lumos Global B.V. has 10 more employees than Rensource.

M-KOPA is one of Rensource's top rivals. M-KOPA is a Private company that was founded in 2010 in Nairobi, Nairobi Province. Like Rensource, M-KOPA also works within the Renewable Energy Equipment & Services field. Compared to Rensource, M-KOPA has 840 more employees.

Arnergy is Rensource's #3 rival. Arnergy is a Private company that was founded in Victoria Island, Lagos in 2013. Like Rensource, Arnergy also competes in the Renewable Energy Equipment & Services sector. Arnergy has 97 fewer employees vs. Rensource.

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Growth Score - 1/1

Is 160 a good estimate for Rensource's Employee count?

Rensource Acquisitions

No recent acquisitions found related to Rensource

Rensource Funding History

Since Rensource was founded in 2015, it has participated in 4 rounds of funding. In total Rensource has raised $25.2M. Rensource's last funding round was on Dec 2019 for a total of $20.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series A
Dec 2019
$20M

CRE Venture Capital

Debt
Jul 2018
$585.4K
Debt
Jan 2018
$3.5M
Seed
Jul 2016
$1.1M

Since Rensource was founded in 2015, it has participated in 4 rounds of funding. In total Rensource has raised $25.2M. Rensource's last funding round was on Dec 2019 for a total of $20.0M

Rensource Investments

No recent investments found related to Rensource

Rensource News

December 24, 2019Business Day

'International companies are paying a lot of focus on Nigeria's renewable Sector'

Rensource has just raised $20Million in a Series A equity financing round which is the largest raised... See more »
December 19, 2019TechMoran

With $20m in the bank, Rensource wants to connect over 1M merchants in Nigeria to power

Rensource, a Nigerian renewable energy company, fresh from a $20m round, wants to connect over 1 mill... See more »
December 18, 2019TechCrunch

Nigeria's Rensource raises $20M to power African markets by solar

Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capit... See more »
October 16, 2019THISDAY

Rensource Engages Female Engineers

Rensource Distributed Energy Limited has welcomed a set of new female electrical and electronics engi... See more »
October 15, 2019THISDAY

Firm Gains Global Recognition for Solar Power Initiative

Chineme Okafor in Abuja and Peter Uzoho in Lagos Nigeria's distributed energy company, Rensource with... See more »
October 7, 2019Energy Mix Report

Rensource engages female electrical engineers for projects

Rensource Distributed Energy Limited has engaged a set of new female Electrical and Electronics Engin... See more »
October 3, 2019Business Day

Rensource gets international recognition over solar power initiative

Rensource, a distributed energy firm headquartered in Lagos, has gained international recognition ove... See more »

Rensource Press Releases

Rensource Videos

September 26, 2019Rensource Distributed Energy Youtube Channel

"Bloomberg Philanthropies features Rensource Energy on Climate Change" on YOUTUBE

April 24, 2019Rensource Distributed Energy Youtube Channel

"Rensource Supercut" on YOUTUBE

March 13, 2019Rensource Distributed Energy Youtube Channel

"Sabon Gari VR Ambience" on YOUTUBE

July 27, 2018Rensource Distributed Energy Youtube Channel

"WEBSITE LOOP" on YOUTUBE

June 19, 2018Rensource Distributed Energy Youtube Channel

"Powered By Rensource: VP Osibajo Visits Ediaken Market" on YOUTUBE

Social Media

Rensource Headquarters

3B, Tiamiyu Savage Street

Victoria Island, Lagos101241

234-901-415-0103

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Rensource Summary

ABOUT

Overview

Rensource develops, manages and supplies critical infrastructure management solutions for small and medium-sized enterprises. Rensource was founded in 2015. Rensource's headquarters is located in Victoria Island, Lagos, NG 101241. It has raised 25.2M ...

CEO

Rensource's Co-Founder & CEO, Ademola Adesina, currently has an approval rating of 82%. Rensource's primary competitors are Lumos Global B.V., M-KOPA & Arnergy.

Website

rensource.energy

Frequently Asked Questions about Rensource

  1. When was Rensource founded?

    Rensource was founded in 2015
  2. Who is Rensource's CEO?

    Rensource's CEO is Ademola Adesina
  3. How much revenue does Rensource generate?

    Rensource generates $7M in revenue
  4. How much funding does Rensource have?

    Rensource has historically raised $25.2M in funding
  1. Where is Rensource's headquarters?

    Rensource's headquarters is in Victoria Island Lagos, NG
  2. How many employees does Rensource have?

    Rensource has 160 employees
  3. What sector does Rensource operate in?

    Rensource is in Renewable Energy Equipment & Services
  4. Who are Rensource's competitors?

    Rensource's top competitors are Lumos Global B.V., M-KOPA, Arnergy