Renovare Environmental

What Renovare Environmental does

Renovare Environmental (NASDAQ: RENO) is a Chestnut Ridge, New York-headquartered clean-technology company that operates primarily through its Recoup Technologies subsidiary to deliver food waste management solutions combining biological digestion hardware with a cloud-based analytics platform. The company's core offering is the BioHiTech Analytics platform — a SaaS solution that captures granular waste stream data from on-site BioHiTech Digesters, identifies patterns and predicts trends, and generates environmental, financial, and social impact reports aligned with corporate ESG and regulatory compliance requirements. The hardware (BioHiTech Digesters) ships with the analytics software preinstalled for immediate functionality, and the software can also be retrofitted onto third-party machinery to create interconnected operational networks. The company sells across eight verticals: Maritime, Hospitality and Foodservice, Retail, Healthcare, Government, Restaurants, Educational Institutions, and Corporate, with Corporate designated as the primary segment.

Renovare generates revenue through two primary streams: hardware sales of BioHiTech Digesters and recurring SaaS subscriptions for the BioHiTech Analytics platform. Pricing is not publicly disclosed and is delivered through a consultative direct enterprise sales motion, evidenced by the company's 'Contact Us' and 'Contact – Sales' CTAs and quote-based engagement model. Distribution is single-country (domestic United States) and channel-light, relying on direct sales outreach supported by content marketing through an Education Center. Customers cited in the source data are not named, but the company's $1.5 million strategic investment from Carnival Corporation in late 2021 indicates a significant anchor relationship in the Maritime vertical.

Operationally, Renovare has deployed 'hundreds of digesters' across its customer base and reports that its clients have collectively diverted 'millions of pounds of food waste' from landfills, yielding cost savings and reductions in carbon and methane emissions. The company executed four funding rounds between 2018 and 2022 (totaling approximately $8.8 million), acquired Harp Renewables in March 2022 in a $20 million transaction to expand into renewable waste-to-energy, and maintains a leadership team with overlapping CEO roles, a COO, CFO, and a Director of Vertical and Channel Sales. The firmographic profile — 11-50 employees, public listing on NASDAQ under ticker RENO, founded 2008, and previously known as BioHiTech — reflects a small-cap public company in the environmental technology space operating at sub-scale relative to its addressable market.

Name

Renovare Environmental

Legal name

Renovare Environmental, Inc.

Website

https://renovareenv.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Renovare Environmental, operating as Recoup Technologies, provides cloud-based food waste tracking software (BioHiTech Analytics) bundled with biological digestion hardware, serving enterprise customers across Maritime, Hospitality, Healthcare, Retail, Government, and Corporate sectors.

Ownership category

akta.pro rank

Product category

Food Waste Management Technology

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Environmental Consulting Services (541620)

SIC

Refuse Systems (4953)

akta.pro primary industry

Food Waste Reduction & Diversion Services (Donation, Animal Feed, Source Reduction Programs) (EUAIAEAH)

akta.pro secondary industry

Circular Economy & Waste/Materials Reporting (Zero waste, packaging) (EUAHAJAL)

Keywords

• Food waste tracking
• Organic waste digestion
• Waste analytics software
• Sustainability reporting
• ESG compliance tools

Headquarters

HQ city

Chestnut Ridge

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Food Waste Tracking Software (BioHiTech Analytics): Cloud-based SaaS platform providing food waste monitoring, analytics, and reporting capabilities to organizations. Delivered as a subscription service integrated with digester hardware.
2. Digesters and Hardware: Sale of BioHiTech digestion equipment with preinstalled software. The hardware is sold alongside the ongoing software services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Renovare Environmental sells the BioHiTech Analytics cloud-based food waste tracking software and BioHiTech Digesters hardware as an integrated food waste management platform. The BioHiTech Analytics platform provides real-time monitoring, predictive analytics, and compliance reporting, while BioHiTech Digesters are preinstalled hardware units that process organic waste and feed data into the analytics platform. The combined offering enables organizations to classify, track, and divert food waste at source across maritime, hospitality, retail, healthcare, government, restaurant, education, and corporate operations.

Product overview

Renovare Environmental operates as Recoup Technologies, offering a unified food waste management platform centered on its BioHiTech Analytics software—a cloud-based food waste tracking and monitoring system—and complementary BioHiTech Digesters hardware. The software platform integrates directly with the digester equipment to capture granular waste data, identify patterns, predict trends, and deliver actionable intelligence for regulatory compliance and operational optimization across multiple industries including Maritime, Hospitality, Healthcare, Retail, Government, and Corporate sectors.

Differentiator

Problem solved

Functional benefit

Brands

• BioHiTech Analytics: Food waste tracking software solution that provides real-time insights, dynamic communication, and robust security for food waste monitoring.

Products and services

• BioHiTech Analytics Cloud-based food waste tracking software that provides comprehensive monitoring of organic waste operations. Captures granular data from BioHiTech Digesters to identify patterns, predict trends, and generate actionable intelligence for waste diversion, supply chain forecasting, ESG compliance reporting, and multi-location standardization. Features role-based security, an integrated chatbot for real-time notifications, and environmental/financial/social impact reporting.
• BioHiTech Digesters

Quantifiable outcome

• Millions of pounds of food waste diverted from landfills
• +3 more outcomes

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Leanpath: Leanpath is a direct competitor offering food waste tracking software and hardware for commercial kitchens, hospitality, and foodservice — overlapping Renovare's analytics + measurement approach.
• Winnow: Winnow provides AI-driven food waste tracking hardware and analytics to hospitality and foodservice operators globally, directly competing with BioHiTech in the kitchen-level waste tracking segment.
• Orbisk: Orbisk offers image-recognition-based food waste monitoring with cloud analytics for hospitality and healthcare, closely matching Renovare's combination of on-site measurement and cloud reporting.
• Power Knot: Power Knot manufactures biological food waste digesters (the LFC biodigester line) used in commercial kitchens, directly competing with Renovare's BioHiTech Digesters hardware product.

Broad incumbents

• Emerson (Grind2Energy): Emerson's Grind2Energy system offers on-site food waste grinding and liquefaction for institutional customers, providing a broad-incumbent alternative to Renovare's digester hardware in large kitchens.

Emerging players

• EcoAct: EcoAct provides carbon accounting and ESG/sustainability reporting services; it is an emerging adjacent player competing for the same corporate sustainability budget that drives demand for BioHiTech Analytics.
• Watershed: Watershed is an enterprise carbon accounting and ESG reporting platform; it overlaps with Renovare's environmental impact reporting modules for corporate sustainability buyers.
• Greenly: Greenly offers carbon footprint measurement and ESG reporting software, competing for the same corporate sustainability reporting dollars that Renovare addresses with its environmental impact module.

Others

• ReFED: ReFED is a nonprofit food waste data and policy organization; it is not a commercial competitor but its data, policy research, and roadmap influence enterprise buyer demand for platforms like BioHiTech Analytics.

Regional players

• Harp Renewables: Harp Renewables — Renovare's 2022 acquisition target — operates anaerobic digestion and biogas projects, providing a regional/UK-focused adjacent player in organics-to-energy that complements Renovare's on-site digester model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/biohitech
• Facebookfacebook.com/biohitech.ecosafe
• LinkedInlinkedin.com/company/474349

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds4 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Renovare Environmental