Rundoo raises $30m to empower independent supply stores

Rundoo exists to empower independent supply stores with the best technology. Today, we are honored to announce that we've raised $30m to accelerate this mission.

Who are these stores? They are the local businesses that supply our communities with the hardware, paint, lumber, plants, tools, and other physical goods that allow us to build and care for the world around us.

Owning one of these stores is hard.

You must manage inventory for thousands of products from hundreds of vendors. You must handle the special pricing, taxation, and financial terms required by the construction contractors, farmers, local governments, and other customers that you serve. You must weather macroeconomic events, like the tariffs and oil shocks that have moved costs this year. You must compete with big box stores and e-commerce giants that have far greater resources.

And yet our clients remain resilient. Most of our clients are decades-old, multi-generational family businesses. Some were even founded before World War I. Time and time again, our clients have proven their ability to adapt to a changing world.

How is that possible? From what I've gathered, it is because of their deeply held belief in service. Our clients don't sell paint. They guide a homeowner through a renovation. Our clients don't sell lumber. They help a framer win a competitive bid. They thrive because they serve.

Our mission is to empower these stores with better technology. To simplify inventory management by integrating with vendors and using AI to generate orders. To strengthen customer relationships by allowing customers to order, communicate, and pay through an app. To improve margins by suggesting better prices based on online comparisons. In sum, to free our clients to deliver the attentive service that only they can.

So why are we announcing this news?

If you're a client (or future client 😉), we hope this announcement excites you. We intend to use this money to further develop our product for you and continue partnering with more independent supply stores.

If you're a candidate, we hope this announcement inspires you. Andrew & I started Rundoo to maximize our impact, and we believe that building technology for the real economy is the best way to do so. If you feel the same, join us.

Finally, we want to say thank you. Thank you to the manufacturers, buying cooperatives, and distributors that partner with us to empower independent retailers. Thank you to our investors for their belief in our mission. And most of all, thank you to our clients for trusting us with their business.

Onward.

Nick, Andrew, and the Rundoo team