RenoRun
RenoRun was an e-commerce platform for contractors, offering on-demand delivery of building materials and supplies directly to job sites.
Secondary Market Price
How RenoRun Measures Up
To help you manage your RenoRun equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series B
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future RenoRun Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for RenoRun's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
RenoRun operated as an e-commerce platform focused on the on-demand delivery of construction and building materials for contractors. The company’s service allowed construction and renovation professionals to order supplies directly to their job sites, aiming to reduce time spent away from work procuring materials. The company was founded in 2016 by three construction industry veterans in Montreal. The idea was born after the founders conducted field research by observing the high volume of contractors visiting hardware stores, identifying a need for a more efficient material procurement process.
Despite raising a significant Series B funding round of US$142.6 million in March 2022 to fuel expansion into markets across the U.S. and Canada, the company has since ceased operations. According to public information, RenoRun became defunct in 2023.
- Tiger Global Management
- Sozo Ventures
- Inovia Capital
- Obvious Ventures
- ScaleUP Ventures
- Real Ventures
- Maple VC
- Silicon Valley Bank
- Investissement Québec
- SE Ventures
- BDC Capital
- Fifth Wall
- Desjardins Capital
- Nicola Wealth
- Export Development Canada
- TriplePoint Capital
- Co-Founder, Eamonn O'Rourke
- Co-Founder, Joelle Chartrand
- Co-Founder, Devlin McDougall Chartrand
- Co-Founder, James Collom
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is RenoRun worth joining?
Deciding whether to join a company like RenoRun involves evaluating its growth prospects, culture, and your potential compensation package. Tools like Prospect can help you understand the potential future value of your equity, which is a critical part of the decision.
What should I do with my RenoRun stock?
Managing private company stock requires a strategy tailored to your financial situation and the company's performance. Platforms like Prospect can provide customized, tax-optimized plans for exercising options or selling shares to maximize your returns.
Can you sell RenoRun stock?
Selling stock in a private company like RenoRun is often possible through secondary markets or company-organized tender offers, though there may be restrictions. Prospect's tender offer tools can help you determine how much to sell and which shares are most tax-efficient.
How can I find the value of my RenoRun stock?
Valuing stock in a private company is complex because it isn't publicly traded. You can use platforms like Prospect, which uses predictive models and secondary market data to help you forecast the potential value of your shares.
What is RenoRun's equity worth?
The worth of a private company's equity is determined by its latest valuation from funding rounds and its projected future growth. Services like Prospect analyze this data to help you understand the potential range of outcomes for your equity holdings.
What is RenoRun's stock ticker symbol?
As a private company, RenoRun is not traded on a public stock exchange and therefore does not have a stock ticker symbol. Ticker symbols are assigned only when a company undergoes an Initial Public Offering (IPO).
Can I buy or sell RenoRun stock?
As a private company, buying RenoRun stock is typically restricted to employees or accredited investors, while selling can occur during specific events like tender offers. If you are an employee, a platform like Prospect can help you create a strategy for when and how to sell your shares tax-efficiently.
What is the criteria to buy or invest in RenoRun stock?
Investing in a private company like RenoRun is generally limited to employees receiving equity compensation or accredited investors participating in private funding rounds. If you are an employee with equity, tools from Prospect can help you manage it effectively.
