Rundoo was founded in 2021 by Nick Hershey and Andrew Beckman, emerging as a software company focused on modernizing the paint and hardware retail industry. Backed by major investors including Bessemer Venture Partners, Charles River Ventures (CRV), Sequoia, and Quiet Capital, Rundoo is committed to providing a long-term tech solution without selling out to private equity or large SaaS roll-ups, focusing instead on product quality and customer experience.
The company originated from the need to address outdated software systems prevalent in paint and hardware stores, which are more than just supply shops—they serve as community hubs for knowledge and service. Rundoo’s platform evolved from a B2B marketplace called Runner into a comprehensive point-of-sale (POS) system tailored specifically for this niche market.
Key features of Rundoo’s software include web-based POS capabilities, detailed analytics and reporting, mobile apps for contractors and staff, Wi-Fi-enabled mobile checkout, and easy receipt and bill management from the sales floor or remotely. The software is designed to provide fast, easy-to-learn checkout processes that enhance both employee efficiency and customer experience.
Rundoo’s customer testimonials highlight the positive impact it has had on stores like Sonoma Paint Center and Gray’s Paint, praising the company for freeing them from outdated technology and providing an effective, industry-specific app that supports community service.
Operating from Redwood City, California, Rundoo positions itself as a forward-thinking financial technology company (though not a bank) partnering with Stripe for payment services. Its mission is to empower building materials suppliers with innovative technology that keeps the heart of their industry intact while enabling them to thrive in a digital world.