Category Visionaries Canay Deniz, CEO & Co-Founder of Ren Systems: $8.8 Million Raised to Build the Future of Relationship Intelligence for Dealmakers
Ren Systems is pioneering relationship intelligence for dealmakers, having raised $8.8 million to filter the increasing noise in today's information landscape. In this episode of Category Visionaries, I spoke with Canay Deniz about Ren's journey from a serendipitous meeting with high-level executives to building a platform that helps commercial real estate brokers, management consultants, and investment bankers extract signal from noise in their relationship networks.
Topics Discussed:
- The origin story of Ren Systems through a chance connection with Mike Hayes (former commander of SEAL Team 2)
- How COVID-19 affected the company's early days when they launched on March 1, 2020
- Ren's deliberate two-year product development period before active go-to-market
- The hybrid approach to growth combining product-led growth with enterprise sales
- Ren's relationship with strategic investor ZoomInfo and their complementary positioning
- The increasing importance of human relationships in an AI-dominated world
GTM Lessons For B2B Founders:
- Patient capital enables product excellence: Canay's investors allowed them to spend two years in "the lab" perfecting their product experience before aggressive commercialization. This patience enabled them to build something truly differentiated in a crowded sales intelligence space. As Canay notes, "Getting that first end user experience right is hyper important, even if you're completely planning on becoming an enterprise solution."
- Build for your actual users, not idealized personas: Ren Systems' target users are senior dealmakers who "can't be bothered to even open their email." Understanding this reality shaped their product to deliver extreme value with minimal friction. Canay explains, "The demand for solutions just value is pretty extreme with our end users. I don't have time to do anything, click a button, open anything, like learn a new tool. It just needs to work and if it doesn't work within 5 seconds, I already lost interest."
- End users create enterprise momentum: By focusing on individual user adoption first, Ren Systems created internal demand that made enterprise sales conversations easier. "When we have the conversation with an actual buyer decision maker, we're going to them saying, 'Listen, you know, a couple dozen people are on our platform already. If you want to coordinate this and make the roll a lot smoother for you guys, we can help with that.'" This bottom-up approach means decision-makers have often "heard about it internally already."
- Find your serendipity engine: Ren Systems began when Canay reached out to a friend before his honeymoon, who connected him with Mike Hayes, which led to connections with Fortune 200 founders. This network became both their initial investors and beta testers. As Canay says, "If it wasn't for warm introductions from very impressive people, nobody would have taken the time to talk to good old me."
- When selling to sellers, leverage their natural behaviors: Ren's sales approach capitalizes on their target audience's behaviors: "When you're selling to sellers, it's really insane how often they pick up the phone. Cold calling is an excellent way for us to build pipe." Additionally, relationship-driven sellers naturally refer others: "We talk to people, we ask, 'If there's anyone else that you can think of that could benefit from this?' And oftentimes we get back a dozen or so names."
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