Rundoo lands $30M Series B to bring AI to independent supply stores
What's the deal? Rundoo has raised a $30 million Series B round to expand its AI-native operating system for independent supply stores. Battery Ventures led the round, with existing backers Bessemer Venture Partners and CRV joining. The deal brings the startup's total funding to $48 million.
What's the endgame? Rundoo aims to help independent stores compete with big-box rivals such as WalmartDealroom has a profile for this one. Try Dealroom → and TargetDealroom has a profile for this one. Try Dealroom →. Its platform bundles a point-of-sale system, customer relationship management, e-commerce, a general ledger, and loyalty tools, all linked through an AI agent called Dooey.
How it works: Dooey turns store data into decisions. It can draft purchase orders ahead of peak season using historical sales, weather forecasts, and local landscaper bids, or recommend promotions — say, a 20% discount on garden hoses before the Fourth of July.
Why now? Chief executive Nick Hershey argues independent retailers need the help more than ever, citing competition from expanding big-box stores plus tariffs and oil shocks. "Our platform gives independent store owners the same operational power that much larger corporations use to grow revenue and expand," he said.
Founded in 2021 by Hershey, a former hedge fund trader, and Andrew Beckman, Rundoo now serves more than 500 stores across the US, Canada, and the Caribbean. It partners with major distributors, including paint supplier Benjamin MooreDealroom has a profile for this one. Try Dealroom →, whose tint software connects directly to the platform.
The signal: At $30 million, the round sits in the 73rd percentile by size among comparable deals — a solid vote of confidence in software that brings enterprise-grade analytics to small merchants long overlooked by retail tech.
Read more: SiliconANGLE
Image credit: Rundoo