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Rundoo raises $30M to expand its AI-native operating system for small supply stores

Rundoo Inc., the creator of an artificial intelligence-native system-of-record for independent supply stores, said today it has closed on a $30 million Series B round of funding, bringing its total amount raised so far to $48 million. Today’s round was led by Battery Ventures and saw the involvement of existing backers such as Bessemer Venture […] The post Rundoo raises $30M to expand its…

Rundoo raises $30M to expand its AI-native operating system for small supply stores

Rundoo Inc., an artificial intelligence-native operating system for small supply stores, has secured a $30 million Series B round of funding, raising its total capital to $48 million. The investment was led by Battery Ventures and included participation from existing backers Battery Ventures, Bessemer Venture Partners and CRV.

Rundoo aims to help independent supply stores compete with larger rivals like Walmart and Target by providing AI tools that streamline business operations. Its suite of products includes an AI agent assistant called Dooey, a point-of-sale system, a customer relationship management platform, e-commerce technology, a general ledger, loyalty program technology and more. These tools are interconnected through Dooey, enabling business owners to increase sales, reduce costs and improve profit margins.

Rundoo's AI-powered Dooey assistant can generate purchase orders based on historical sales data, predict customer needs using weather forecasts and known bids, and recommend products for promotions to boost sales. This analytics-driven approach allows smaller businesses to access the same operational power as larger corporations at a fraction of the cost.

The startup's success is partly attributed to its partnerships with top distributors and manufacturers in North America, such as Benjamin Moore & Co. and Berry's Hardware in Dumas, Arkansas. Rundoo's platform integrates with these partners' systems, providing independent retailers with accurate color identification for paints and business analytics, including daily summaries of sales, customers and products.

Rundoo plans to use the recent funding to expand its engineering and go-to-market teams, with the goal of reaching a larger customer base across the U.S., Canada and the Caribbean. The company believes that independent supply stores are in dire need of assistance due to intense competition from big-box stores and macroeconomic challenges, such as tariffs and oil shocks.

Written by urgent.news from SiliconANGLE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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