Funding

California-Based Rundoo Raises $30M in Series B Funding

Aug 21, 2026 | By Devin Jacobs

SUMMARY

Rundoo raised $30M in Series B funding.
The funding will support team growth and AI development.
Rundoo provides an AI-powered platform for supply stores.

Rundoo, a Redwood City, CA-based provider of an AI-first system of record platform for independent supply stores, has raised $30 million in a Series B financing round led by Battery Ventures, bringing the total amount to $48 million.

The round also saw participation from existing investors Bessemer Venture Partners and CRV.

The company plans to use the capital to expand its engineering and go-to-market teams and develop additional technology for its customers.

Funding Snapshot

Metric	Details
Fundraise Amount	$30 million
Funding Stage	Series B
Total Funding	$48 million
Valuation	Not disclosed
Company	Rundoo
Sector	Retail Technology / AI
Headquarters	Redwood City, California, USA
Founded	2021

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About Rundoo

Founded in 2021 by Nick Hershey and Andrew Beckman, Rundoo provides an AI first operating platform for independent supply stores.

The company serves hundreds of independent businesses across categories including hardware, paint, lawn and garden, farm and feed, and lumber.

Rundoos platform brings multiple business functions together, helping independent retailers operate more efficiently and compete with larger big box stores.

Core offerings include:

Point-of-sale software
E-commerce technology
Customer relationship management
Loyalty programs
General ledger
AI-powered business tools

Core Technologies / Products / Services

Capability/Product	Application/Use Case
AI-First System of Record	Centralizes retail business operations
Point-of-Sale System	Manages transactions and store operations
E-Commerce Platform	Helps stores sell products online
CRM & Loyalty	Supports customer engagement and retention

Leadership Comments

"Our clients supply the materials that allow our communities to build and care for the world around us, and our technology helps them do that better and more efficiently,” said Nick Hershey, Rundoo’s co-founder and CEO.

"Independent supply stores are one of the largest categories of American retail that still runs on decades-old systems," Brown said. "The owners aren't behind the times; their software is. We watched ServiceTitan close that same gap for the trades and become the operating system for an entire industry.