Rundoo, the AI-First Platform for Independent Supply Stores, Announces $48M in Financing
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Rundoo, an AI-first platform for independent supply stores, announced $48 million in total financing, including a $30 million Series B round led by Battery Ventures with participation from Bessemer Venture Partners and CRV. The company serves over 500 independent hardware, paint, lawn and garden, farm and feed, and lumber stores across the U.S., Canada, and the Caribbean. Founded in 2021 by Nick Hershey and Andrew Beckman, Rundoo offers point-of-sale, e-commerce, CRM, loyalty, and general ledger tools alongside an AI agent called Dooey. The new funding will expand its engineering team in Redwood City and go-to-market team in Chicago, and Battery Ventures' Michael Brown will join the board. The article highlights Dooey's capabilities, such as generating purchase orders and promotions for a garden center, and how a hardware store owner uses it for daily recaps. Rundoo also partners with manufacturers like Benjamin Moore to integrate tint software for dealers. Investors say the platform helps independent retailers catch up with big-box competitors by modernizing outdated software.
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