RenoRun has raised $160.0M in total across 3 funding rounds.
RenoRun's investors include Andreessen Horowitz, Boon Fund, Greylock, Lobby Capital, Scott Sandell, Real Ventures, Robot Ventures, Sozo Ventures, Tiger Global Management, Greg Brockman, Jim Pitkow, Matt Mazzeo.
RenoRun was a technology-driven e-commerce platform for construction and building materials, founded in 2017 in Montreal, Canada, that enabled contractors, construction professionals, and renovation teams to plan, source, and receive scheduled or just-in-time deliveries of supplies like lumber, drywall, insulation, shingles, hardware, doors, and paint[1][2][3][4]. It served contractors managing multiple job sites, solving inefficiencies such as time wasted procuring materials from hardware stores, supply shortages delaying projects, and fragmented vendor coordination by offering a centralized app for ordering, predictable delivery, and features like "buy now, pay later" financing[3][4]. The company raised $161-173M from investors including Tiger Global Management and Sozo Ventures, grew to 15,000+ customers and 500 employees across six markets in the US and Canada (including Toronto, Omaha, Chicago, and Washington, D.C.), and reported 3x yearly growth since inception before shutting down in April 2023 amid a cash crunch[1][2][3][4].
RenoRun was co-founded by construction industry veterans Eamonn O’Rourke (CEO, former President at ORC Homes), Joelle Chartrand (VP of Culture, former Directing Manager at Vagabond Studio), and others who identified a core pain point after decades in the sector across Ireland, Australia, and Canada: contractors spending excessive time away from job sites buying materials[2][3][4]. Before launching, the founders validated demand by observing over 1,000 contractors and workers visiting Montreal hardware stores hourly, prompting them to build a "contractor-centric" platform for faster, tech-enabled delivery[4]. Pivotal early traction came during the pandemic with demand for contactless options, leading to a $142M Series B in February 2022 led by Tiger Global, fueling expansion into US markets like Chicago and Washington, D.C.[2][3][5][6].
RenoRun rode the construction tech (ConTech) wave, digitizing a fragmented $1T+ global industry plagued by supply chain delays, labor shortages, and manual procurement amid post-pandemic housing booms and infrastructure spending[1][3]. Its timing capitalized on e-commerce surges in B2B materials during COVID, mirroring successes like Bluon in HVAC or AssemblyDrop in procurement, while competing in a top-10 ConTech ranking for growth and funding resilience[1]. By streamlining deliveries and vendor aggregation, it influenced the ecosystem toward efficiency platforms, pressuring big-box suppliers and inspiring peers like Rundoo in hardware software[1][2].
RenoRun exemplified ConTech ambition but succumbed to cash burn and market headwinds, filing for bankruptcy in 2023 after rapid scaling[1][2]. Its legacy endures in validating on-demand materials delivery, likely accelerating acquisitions or pivots by survivors like Faire-integrated Shopify tools. Looking ahead, rising AI-driven procurement, labor shortages, and green building mandates will propel similar platforms; RenoRun's playbook—founder-led validation and financing innovations—positions its alumni and IP to reshape contractor workflows in a maturing ecosystem. This rise-and-fall underscores ConTech's high-stakes evolution from disruption to sustainability[1][3].
RenoRun has raised $160.0M across 3 funding rounds. Most recently, it raised $140.0M Series B in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $140.0M Series B | Andreessen Horowitz, Boon Fund, Greylock, Lobby Capital, Scott Sandell, Real Ventures, Robot Ventures, Sozo Ventures, Tiger Global Management, Greg Brockman, Jim Pitkow, Matt Mazzeo, Scott Belsky, Stacy Brown-Philpot | |
| Oct 1, 2019 | $17.0M Series A | N49P Ventures, Real Ventures, Stellar Capital, Gautam Gupta | |
| Jan 1, 2019 | $3.0M Seed | N49P Ventures, Real Ventures, Stellar Capital, Gautam Gupta |