Company Overview
Rensource allows qualifying companies throughout Nigeria and West Africa to start selling Power-as-a-Service (PaaS) to their customers.
Company History
Rensource Energy was founded in 2015. Public founder information in the source set points to Ademola Adesina, Jussi Savukoski. Its latest captured funding/news event in the source set was in 2020, recorded as Venture Round.
Key Facts
| Country | Nigeria |
| Founded | 2015 |
| Founders | Ademola Adesina, Jussi Savukoski |
| Sector | Energy & Water |
| Operational Status | Status unverified |
| Latest Round | Venture Round, 2020, $3M |
| Total Disclosed Funding | $23M |
| Website | https://www.rensource.energy/index.html |
Business Model
Rensource Energy appears to operate a product-led business model in the Energy & Water sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.
Products and Services
- Clean-energy access
- Power infrastructure
- Energy financing
- Monitoring and operations tools
Funding and Market Position
Public deal records in the source set show 2 disclosed funding event(s), with about $23M captured in total. The most recent event is recorded as Venture Round, 2020, $3M.
Contact Information
The most reliable public contact channel in the source set is the official website: https://www.rensource.energy/index.html. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.
Company Location
Operational Status
Older public sources were available, did not independently confirm whether the startup is still operating. Status recorded here is a best-effort assessment as of March 21, 2026.
Why This Startup Matters
As a Nigerian startup in the Energy & Water space, Rensource Energy matters because it addresses local market problems with a scalable digital product or operational model.
Sources
Related Startups
- Arnergy
- Konexa
- Beacon Power Services