8VC led a $181m funding round in Tul.

8VC, a venture capital fund based in San Francisco, led a $181m funding round in Tul, an e-commerce platform specializing in construction materials, with participation from include Avenir Growth Capital, Coatue, Tiger Global and SoftBank Latin America Fund. "Tul has a significant runway for continued growth as its managed e-commerce marketplace further digitizes the construction industry through fintech and other value-added services," Jamie Reynolds, Avenir Partner.