Their core technology is the Renewance Connect™ SaaS platform for industrial battery management, integrating asset tracking, warranty administration, maintenance scheduling, regulatory compliance monitoring, real-time analytics, and predictive maintenance via a Remote Monitoring Center. They support lithium-ion chemistries with field deployment, warehousing, logistics management, advanced monitoring systems, and end-of-life assessment protocols for recycling or repurposing using a network of certified partners.
The primary product is the Renewance Connect™ platform, offering modules for asset tracking, warranty management, maintenance scheduling, compliance monitoring, real-time analytics, and predictive maintenance. They also provide field service solutions for deployment support, warehousing, and logistics, as well as end-of-life assessment tools for battery recycling and repurposing.
In 2024, Renewance launched a Remote Monitoring Center at their Elmhurst headquarters. They have managed over 20 GWh of battery commissioning and servicing, recycled more than 3,000 tons of batteries, and participated in the Battery Asset Management Summit USA 2024.
In 2024, Renewance raised growth equity from RockCreek’s Smart Futures team, secured funding from Asia-based IMM Investment, and received early investment support from Evergreen Climate Innovations (formerly Clean Energy Trust).
