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Valuation

$5M

2023 Revenue

$6.2M

Funding

$900K

Team

34

Founded

2012

How Reengen CEO Şahin Çağlayan grew to $6.2M revenue with a 34 person team in 2023.

Developer of a provolta energy operating system intended to optimize HVAC (Heating, Ventilating, Air Conditioning) operations of commercial buildings. The company's system provides real-time energy and condition monitoring, enabling enterprises to collect, store, organize, analyze, visualize any real time data and generate actionable intelligence.

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Reengen Revenue

In 2023, Reengen's revenue reached $6.2M. The company previously reported $4.5M in 2021. Since its launch in 2012, Reengen has shown consistent revenue growth.

Reengen Revenue GrowthReported revenue / ARR over time$0$2M$3M$5M$6M$8M2012201420162018202020222023$0$5M$6MSource: GetLatka.com
YearMilestoneQuote
2023Reengen Hit $6.2m revenue in December 2023
2021Reengen Hit $4.5m revenue in April 2021
2012Launched with $0 revenue

Reengen Valuation, Funding Rounds

Reengen reached a $5M valuation in 2019, set during its Seed Round round.

Reengen has raised $900K in total funding across 2 rounds, most recently a $400K Seed Round round in 2019.

Reengen Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$3M$4M$5M$6M201220132014201520162017201820192012 cumulative: $0 • 2012 Founded: $02017 cumulative: $500K • 2012 Founded: $0 • 2017 Seed Round: $500K2019 cumulative: $900K • 2012 Founded: $0 • 2017 Seed Round: $500K • 2019 Seed Round: $400K @ $5M valuation$900K2012 Founded: $0 valuation2019 Seed Round: $5M valuation$5MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Seed Round$400K$5M8%
2017Seed Round$500K--

Founder / CEO

Şahin Çağlayan

Co-Founder & CEO at Faradai (Formerly Reengen)

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Customers

We do not have customer count information for Reengen yet.

Reengen Employees & Team Size

Reengen employs approximately 34 people as of 2026, down from 55 in 2022.

Reengen Team GrowthReported headcount over time013253850632012201420162018202020222023003434Source: GetLatka.com
YearMilestone
2023Reached 34 employees (December 2023)
2022Reached 55 employees (December 2022)
2021Reached 30 employees (December 2021)
2021Reached 54 employees (April 2021)

Frequently Asked Questions about Reengen

What is Reengen's revenue?

Reengen generates $6.2M in revenue.

Who founded Reengen?

Reengen was founded by Şahin Çağlayan.

Who is the CEO of Reengen?

The CEO of Reengen is Şahin Çağlayan.

How much funding does Reengen have?

Reengen raised $900K.

How many employees does Reengen have?

Reengen has 34 employees.

Where is Reengen headquarters?

Reengen is headquartered in United Kingdom.

Compare Reengen to the industry

Reengen operates across multiple industries. Browse revenue, funding, and growth data for Reengen in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Reengen Revenue 2023: $6.2M ARR, $5M Valuation