RenoRun

Montreal, Canada Founded: 2016 • Age: 10 yrs
A tech-enabled marketplace for buying construction materials.

About RenoRun

RenoRun was a Technology company based in Montreal (Canada) founded in 2016 by Eamonn O Rourke, Joelle Chartrand, and Devlin McDougall Chartrand. A tech-enabled marketplace for buying construction materials. It operates on a B2B model. RenoRun has raised $165.12 million across 4 funding rounds from investors including Schneider Electric, SVB and Desjardins. Its chief executive, as recorded, is Eamonn O Rourke. The company is recorded as dissolved. Its focus areas include Construction, Building Materials, Online Marketplaces and Tech-Enabled Procurement. Its competitors include BuildDirect, Brokrete and Gesco; 2 of its 3 listed competitors have raised funding.

Company details

RenoRun operates with a B2B model, focusing on undertaking construction projects, supplying building materials, online marketplaces, and tech-enabled procurement. A tech-enabled marketplace for buying construction materials. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

  • Headquarters Montreal, Canada
  • Founders Eamonn O Rourke, Joelle Chartrand, Devlin McDougall Chartrand
  • Sectors
    Technology
  • Website renorun.com
  • Social X Facebook
Key Metrics
  • Total Equity Funding
    $165.12M (USD)

    in 4 rounds

  • Latest Funding Round
    $142M (USD), Series B

    Dec 2021

  • Investors

Funding Insights of RenoRun

RenoRun has successfully raised a total of $165.12M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $142 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $165.12M
  • Total Rounds 4
  • Last Round Series B β€” $142M
  • First Round $3M

    (Jun 2018)

  • Investors Count 16

All 4 funding rounds of RenoRun with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$142MSeries B–Tiger Global Management, Sozo Ventures
Nov 2019$17.12MSeries A–Obvious Ventures, Inovia Capital
Feb 2019$3MSeed––
Jun 2018$3MSeed–Real Ventures
Valuation history

16 investors in total: 16 institutional.

Investors in RenoRun

RenoRun has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Schneider Electric, SVB and Desjardins.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture and private equity investments are managed with global diversification.
tigerglobal.comNew York, United States
Investments are made in early-stage tech startups by Fifth Wall.
2016fifthwall.comNew York, United States
Provider of venture capital investments across planetary, human, and economic health
obvious.comSan Francisco, United States
Investments are made in early-stage technology companies by Inovia Capital.
inovia.vcMontreal, Canada
Maple VC is focused on investing in tech startups with Canadian roots.
maplevc.comSan Francisco, United States
ScaleUP Ventures is focused on early-stage technology investments.
2016suv.vcToronto, Canada
Early-stage venture capital is provided to Canadian technology startups by Real Ventures.
realventures.comMontreal, Canada
Venture finance services, including debt and equity, are provided to capital-backed companies globally.
triplepointcapital.com
Venture capital firm focused on multiple sectors
sozoventures.comRedwood City, United States
Business guidance for corporate companies and startups
investquebec.comQuebec City, Canada
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Investor details for RenoRun

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People of RenoRun

3 people are tracked at RenoRun (3 in leadership).

NameRoleGroup
Eamonn O Rourke
Co-Founder, CEOLeadership
Joelle Chartrand
Co-FounderLeadership
Devlin McDougall Chartrand
Co-FounderLeadership
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Timeline of RenoRun

3 dated milestones of RenoRun across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded RenoRun is founded.
  2. Funding First funding round of $3.0M.
  3. Funding Latest funding round, Series B, of $142.0M.

Competitors of RenoRun

RenoRun has 3 listed competitors in our database, 2 of them funded. They include BuildDirect, Brokrete and Gesco.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
builddirect.com1999Vancouver, Canada$149.7M
Online B2B marketplace for building and home improvement products
brokrete.com2015Gatineau, Canada$3.65M26
Construction and landscaping materials are traded via an online marketplace.
gesco.ca1938Brampton, Canada
Home flooring products are distributed online to B2B customers.
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Detailed competitors of RenoRun

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Related news about Renorun

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Frequently Asked Questions about RenoRun

RenoRun was founded in 2016 and raised its 1st funding round 2 years after it was founded.

RenoRun is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Eamonn O Rourke is the CEO of RenoRun, as recorded in our data. They have also founded this company.

RenoRun is a funded company, having raised a total of $165.12M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jun 2018.

RenoRun operates with a B2B model, focusing on undertaking construction projects, supplying building materials, online marketplaces, and tech-enabled procurement. A tech-enabled marketplace for buying construction materials. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

RenoRun's top competitors include BuildDirect, Brokrete and Gesco.

RenoRun has 16 investors. Key investors include Schneider Electric, SVB, Desjardins, Fifth Wall, and BDC.

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