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Mablle Brings Guaranteed Certainty to Home Renovation, Reaching S$25M ARR in Its First Year

Money Compass by Money Compass
September 3, 2026
in PR Newswire
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Mablle Brings Guaranteed Certainty to Home Renovation, Reaching S$25M ARR in Its First Year
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Mablle backs every renovation with an On-Time Guarantee, delivering certainty on cost and timeline in Singapore’s S$2.6 billion renovation market.

SINGAPORE, Sept. 3, 2026 /PRNewswire/ — For years, Singapore homeowners have carried the risk of renovation: cost overruns, shifting timelines and, in the worst cases, firms that take large deposits and fold mid-project. With tight HDB and condo handover schedules, a stalled renovation can leave a family without a home to move into.

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Mablle, a home renovation technology company, is replacing that trust-based model with system-backed accountability. It manages the entire journey from design to handover on one AI-native platform, and in its first year has reached S$25 million in ARR while turning cash-flow positive, working with more than 60 designers and a growing vendor network.

The Mablle App brings homeowners, designers and vendors into a single source of truth. Its “price the picture” workflow builds every design against a live, digitised supply chain, so what a homeowner sees is accurately priced and buildable. Designing against real inventory rather than estimates removes the guesswork that drives mid-project substitutions and change orders, where budgets and timelines usually break.

The On-Time Guarantee is automatic: if a committed handover date slips, the final invoice is reduced, with no claims process and no negotiation, placing the cost of delay on Mablle rather than the homeowner.

“Renovation is one of the biggest and most stressful investments people make, and for too long homeowners have relied on trust and promises,” said Ravindran Shanmugam, Co-founder and Executive Chairman of Mablle. “We set out to replace promises with guarantees and rebuild the system so certainty is built in, not hoped for.”

One recent customer, Edwin, renovated his three-bedroom home at Copen Grand, Tengah, through Mablle. “What we designed is what got built, the cost never changed and we moved in on the date they promised.”

About Mablle

Mablle is a home renovation technology company. Its proprietary, AI-native system connects design, supply chain and execution in one source of truth, delivering certainty on cost, timeline and quality. Mablle was co-founded by Ravindran Shanmugam (Executive Chairman) and Samiksha Dhawan (CEO), alongside Alfred Lim (CBO), Jeremy Wong (CMO) and Aman Agarwal (CPO).

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