Mr. Doug Vickerson reports
RENOWORKS ACHIEVES SIGNIFICANT ARR GROWTH WITH EARLY ADOPTION OF LEADPOD AND AI DESIGN ASSISTANT
Renoworks Software Inc. has noted strong customer adoption of its newly launched LeadPOD and AI design assistant solutions.
Five existing manufacturer customers across roofing, siding, trim, doors and kitchen cabinets have already signed agreements, expanding their contribution to Renoworks' annual recurring revenue from $67,000 (U.S.) to $335,800 (U.S.), a fivefold increase.
This early adoption demonstrates the broad applicability of Renoworks' artificial-intelligence-powered homeowner engagement platform across multiple building product categories. It also validates the company's strategy of embedding AI analytics and generative design capabilities into remodel workflows, creating measurable revenue lift for customers while accelerating Renoworks' own ARR expansion.
"The rapid uptake of these solutions highlights both the pent-up demand for AI-enabled homeowner engagement tools and the scalability of our software-as-a-service model," said Doug Vickerson, chief executive officer of Renoworks. "Interest across our client footprint and opportunity pipeline is scaling rapidly as manufacturers and contractors seek not just a higher number of leads but better-qualified leads that are more likely to convert into real projects. LeadPOD addresses this need directly while AI design assistant enhances the homeowner journey. Together, these solutions are already accelerating our recurring revenue growth and reinforcing our leadership in AI-driven remodelling solutions."
The company has been actively engaging with several existing and new customers over the past six months introducing Renoworks' AI solutions and believes that these early wins are just the beginning of a trend that should continue throughout the rest of 2025 and into next year.
About Renoworks Software Inc.
Renoworks develops and sells unique digital visualization software and integration solutions for the remodelling and new home construction industry. Renoworks delivers its technology to manufacturers, contractors, builders and retailers offering solutions to one of the home improvement industry's greatest challenges: enabling homeowners to review their product selections in a hyperrealistic, virtual environment before committing to purchases and construction. Renoworks markets its technologies as an innovative engagement, sales and marketing platform, and generates revenues from five main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks Design Services, Renoworks FastTrack and Renoworks API (application programming interface).
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