Rundoo Raises $30M Series B for Independent Supply Stores

Rundoo has raised a $30M Series B to expand an AI-first operating platform for independent supply stores. Battery Ventures led the financing, with existing investors Bessemer Venture Partners and CRV participating, bringing the Redwood City company's total financing to $48M.

The round was announced on August 19, 2026. Rundoo will use the capital to expand engineering in Redwood City, grow its go-to-market team in Chicago, and continue building technology for hardware, paint, lawn and garden, farm and feed, and lumber stores. Michael Brown, a general partner at Battery Ventures, led the investment and will join Rundoo's board.

The transaction matters because independent supply stores carry a difficult combination of local expertise and operational complexity. Their customers expect personal service, while the business behind the counter must manage thousands of products, special pricing, contractor accounts, receivables, supplier catalogs, seasonal demand, and trade-specific workflows. Rundoo is financing the software layer meant to hold that operating memory in one place.

What Rundoo Raised

Rundoo's official announcement describes a $30M Series B led by Battery Ventures. Bessemer Venture Partners and CRV returned as participating investors. The round brings Rundoo's cumulative financing to $48M, which means the newly announced financing should not be confused with the company's total capital raised.

Rundoo did not disclose a valuation, ownership terms, or revenue figures. The company did say the financing will support a larger engineering organization in Redwood City, a larger go-to-market team in Chicago, and additional product investment.

Brown's board appointment adds operating context to the check. Battery says Brown previously backed ServiceTitan, the vertical software company serving commercial and residential trades businesses. Rundoo is pursuing a neighboring layer of the same physical economy: the independent stores that sell paint, hardware, lumber, feed, garden products, and other supplies to the people doing that work.

The Store Is More Complicated Than the Checkout

Rundoo was founded in 2021 by Nick Hershey, its CEO, and Andrew Beckman, its CTO. Both are Stanford graduates. Hershey worked in trading before moving toward technology for the real economy, while Beckman brought software-engineering experience to the company.

The founders chose a market where the checkout transaction is only one piece of the operating problem. A supply store may need to maintain contractor pricing, track receivables, manage vendor catalogs, reorder around seasonal demand, connect to manufacturer systems, and preserve customer history across the counter, back office, and phone.

Rundoo's platform brings POS, purchasing, inventory, payments, CRM, loyalty, accounting, e-commerce, and mobile applications into one system. Its Dooey AI agent operates on that store data. Rundoo says an owner can use it to find low-margin sales, identify past-due accounts, prepare purchase orders, review daily activity, or locate customers whose buying has changed.

The architecture is the actual business argument. A generic AI assistant cannot reliably answer operational questions when inventory, accounts, pricing, and customer activity sit in disconnected systems. Rundoo is building the record first, then placing the agent on top of it.

Why Battery Ventures Led the Series B

Battery's thesis is that independent supply stores remain a large retail category running on software built for an earlier operating environment. The stores are not short on product knowledge or customer relationships. Their disadvantage appears when national chains can spread modern analytics, purchasing systems, and digital workflows across a much larger base.

Rundoo is trying to package some of that operating leverage for independent businesses without erasing what makes them independent. The company says it now serves more than 500 stores across the United States, Canada, and the Caribbean. It also reports more than 50 team members across its Redwood City and Chicago offices.

Those figures are company-reported, but they show the stage Battery is financing. Rundoo has moved beyond proving that a modern POS can win a few early customers. The Series B is about carrying a broader set of store workflows, supplier relationships, and customer expectations inside the product while expanding distribution.

The AI Value Depends on the Record Beneath It

Rundoo's AI positioning is more specific than attaching a chatbot to retail software. Dooey can analyze the store because Rundoo already handles the transactions and records the agent needs to understand. The company describes use cases such as preparing a purchase order from sales history, weather, and known bids; surfacing unusual returns; and identifying sales below a store owner's margin threshold.

Rundoo reports average first-year customer improvements in sales, receivables, and gross margin, but those results come from the company's own analysis rather than an independent audit. The more durable signal is the product design: useful automation requires a trustworthy operating record, and each new workflow expands both the product's value and the obligation to keep that record accurate.

Rundoo also connects with manufacturers and distributors. The financing announcement identifies an integration with Benjamin Moore's tint software, allowing paint dealers to retain color and customer information inside their operating workflow. Integrations like that are not decorative partnerships. They determine whether the system can handle the specialized work that makes a vertical platform difficult to replace.

What the Series B Changes

The $30M Series B gives Rundoo room to deepen the product and increase the number of stores it can support. More engineers can expand the system and its AI agent. A larger Chicago go-to-market team can reach more independent retailers. Continued partner work can bring more supplier, manufacturer, and buying-group data into the same record.

The next stage will be measured in operating detail. Hardware, paint, lumber, farm and feed, and garden businesses share the independent-store label, but they do not share identical inventory, pricing, purchasing, and customer-account behavior. Rundoo's opportunity is to make one platform flexible enough for those differences without rebuilding the product around every new customer.

Independent stores already own the local relationships national chains spend heavily trying to simulate. Rundoo is using the Series B to strengthen the system memory around those relationships, so the person at the counter can keep doing the part of retail that software still cannot perform on their behalf.