# RenoRun

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/renorun

- Industry: Materials
- Headquarters: Montreal, Canada
- Website: www.renorun.ca
- Total disclosed funding: $162M
- Latest round: Series B (Feb 1, 2022)
- Investors on record: 17

## About

RenoRun Inc. is a construction supply company that provides on-demand delivery of building materials for residential and commercial projects, streamlining logistics and enhancing efficiency for contractors and DIY enthusiasts alike.Founded in 2016 in Montreal, Canada, RenoRun Inc. specializes in providing construction materials and supplies. The company has been involved in 4 deals, with its most recent funding round being a Series B that raised CAD 181.000 mn on April 26, 2023. The founders, Devlin Chartrand and Joelle Chartrand, have not publicly disclosed any previous ventures prior to establishing RenoRun.RenoRun specializes in providing construction materials and supplies tailored specifically for residential and commercial projects. Their core offerings include a wide range of building materials such as concrete, drywall, lumber, and insulation, all designed to facilitate easier and more efficient construction processes. The company operates an innovative on-demand delivery service that allows customers to receive essential materials directly at their job sites, minimizing downtime. Catering primarily to contractors, builders, and DIY enthusiasts, RenoRun addresses common pain points in construction, such as delays in material procurement and inefficient supply chain management, across various geographical markets in Canada and parts of the United States.RenoRun generates revenue primarily through direct sales of construction materials and supplies, facilitated by their user-friendly digital platform. Clients place orders through the company’s website or mobile application, receiving prompt delivery to their specified locations. The revenue model encompasses both B2B transactions with contractors and builders, as well as direct-to-consumer sales. While specific pricing plans for their materials are not disclosed, the company emphasizes competitive pricing to attract a diverse clientele. RenoRun may offer partnerships and subscription models for frequent users, creating ongoing revenue streams through repeat business and customer loyalty, further enhancing customer satisfaction.In April 2023, RenoRun Inc. discontinued its operations. Consequently, there are no upcoming products or expansion plans to report, and the implications of the recent funding round for future growth are rendered moot following the cessation of operations.

## Funding rounds

- Series B, Feb 1, 2022, $142M — BDC Capital, Inovia Capital, Investment Quebec, Tiger Global Management, Silicon Valley Bank, TriplePoint Capital, Desjardins Capital, Real Ventures, Sozo Ventures, Obvious, Scale Up Ventures, Nicola Wealth Management, Fifth Wall Ventures, Export Development Canada, Maple VC, SE Ventures
- Series A, Nov 1, 2019, $17M — Inovia Capital, Silicon Valley Bank, Real Ventures, Obvious, Scale Up Ventures, Maple VC
- Seed, Feb 22, 2019, $3M — Real Ventures, ScaleUP Ventures

## Investors

- Real Ventures — Seed, Series A, Series B
- ScaleUP Ventures — Seed
- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Series A, Series B
- Silicon Valley Bank — Series A, Series B
- Obvious (https://capitalatlas.ai/funds/obvious) — Series A, Series B
- Scale Up Ventures (https://capitalatlas.ai/funds/scale-up-ventures) — Series A, Series B
- Maple VC (https://capitalatlas.ai/funds/maple-vc) — Series A, Series B
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series B
- Investment Quebec (https://capitalatlas.ai/funds/investment-quebec) — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Series B
- Desjardins Capital (https://capitalatlas.ai/funds/desjardins-capital) — Series B
- Sozo Ventures (https://capitalatlas.ai/funds/sozo-ventures) — Series B
- Nicola Wealth Management (https://capitalatlas.ai/funds/nicola-wealth-management) — Series B
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series B
- Export Development Canada — Series B
- SE Ventures (https://capitalatlas.ai/funds/se-ventures) — Series B