RenoRun, a Montreal, Canada-based e-commerce platform for construction and building materials, closed a $142M USD Series B funding.
The round was co-led by Tiger Global and Sozo Ventures, with participation from Investissement Quebec, SE Ventures, BDC Capital’s Women in Technology and Growth Venture Co-Investment Funds, Fifth Wall, Desjardins Capital, Nicola Wealth, Export Development Canada, TriplePoint Capital, Scale Up, Obvious Ventures, Inovia Capital, Real Ventures, Maple VC, and Silicon Valley Bank, as well as executives from GGV, Opendoor, Sonder and founders of GoodFood.
In addition, the company announced it added Sozo Ventures Founder and General Partner, Phil Wickham to its Board.
Founded in 2017 by CEO Eamonn O’Rourke, RenoRun is an e-commerce platform for construction and building materials. Through its digital platform, the solution helps contractors drive efficiency to their job sites by planning, sourcing, and delivering building supplies on-demand and with predictability and dependability. The company works with manufacturers, distributors, suppliers, and brands to supply thousands of building materials and supplies, from lumber, drywall, insulation, shingles, and siding, to hardware, doors, paint, and more.
RenoRun, which is present in cities such as Boston, Chicago, Philadelphia, Toronto, Montreal, and Washington, D.C., has grown to over 500 employees or download the RenoRun app on Android or iOS.
FinSMEs
01/02/2022