About RenoRun
RenoRun is a company based in Montreal (Canada) founded in 2016 by Eamonn O Rourke, Joelle Chartrand, and Devlin McDougall Chartrand. It operates as a B2B. RenoRun has raised $165.12 million across 4 funding rounds from investors including Schneider Electric, SVB and Desjardins. RenoRun operates in a competitive market with competitors including BuildDirect, Brokrete, Gesco, Toolbx and DirtMarket, among others.
- Headquarter Montreal, Canada
- Founders Eamonn O Rourke, Joelle Chartrand, Devlin McDougall Chartrand
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$165.12 M (USD)
in 4 rounds
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Latest Funding Round
$142 M (USD), Series B
Dec 01, 2021
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Investors
Schneider Electric
& 15 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 4
- Last Round Series B — $142.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - RenoRun | Valuation | Tiger Global Management , Sozo Ventures | |
| Nov, 2019 | Amount | Series A - RenoRun | Valuation | Obvious Ventures , Inovia Capital | |
| Feb, 2019 | Amount | Seed - RenoRun | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups by Fifth Wall.
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Founded Year | Domain | Location | |
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Provider of venture capital investments across planetary, human, and economic health
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RenoRun
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RenoRun
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renorun Comparisons
Competitors of RenoRun
RenoRun operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BuildDirect, Brokrete, Gesco, Toolbx and DirtMarket, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online B2B marketplace for building and home improvement products
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| domain | founded_year | HQ Location |
Construction and landscaping materials are traded via an online marketplace.
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| domain | founded_year | HQ Location |
Home flooring products are distributed online to B2B customers.
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| domain | founded_year | HQ Location |
Construction materials are traded via an online marketplace platform.
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| domain | founded_year | HQ Location |
Provider of an online marketplace for soil
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renorun
Frequently Asked Questions about RenoRun
When was RenoRun founded?
RenoRun was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is RenoRun located?
RenoRun is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of RenoRun?
Eamonn O Rourke is the current CEO of RenoRun. They have also founded this company.
Is RenoRun a funded 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 01, 2018.
What does RenoRun do?
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.
Who are the top competitors of RenoRun?
RenoRun's top competitors include BuildDirect, Brokrete and Gesco.
Who are RenoRun's investors?
RenoRun has 16 investors. Key investors include Schneider Electric, SVB, Desjardins, Fifth Wall, and BDC.