Announced
Completed
Financials
Sources
Tags
Building Materials: Other
construction materials
Private
Private Equity
Acquisition
Cross Border
Minority
building products
Friendly
Completed
Canada
Venture Capital
Synopsis
Tiger Global, a private equity firm, and Sozo Ventures, a cross-border venture fund, led a $142m Series B funding round in RenoRun, an operator of a construction material delivery firm. "We began this company with the simple mission of making the lives of contractors easier and more efficient. Contractors are entrepreneurs who are juggling an enormous amount of tasks on a weekly basis. Our goal is to give them more time and to help them scale amazing long-lasting businesses by building the world's most contractor-centric brand. I am incredibly proud of our team that has helped us expand across six markets in Canada and the US. With our new funding led by Tiger Global and Sozo Ventures, we are able to grow to the next level to be top of mind for each and every contractor across North America," Eamonn O'Rourke, RenoRun Founder and CEO.
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