Source: Fortune
Summary
Roadrunner, a startup founded in 2025 by Joubin Mirzadegan, Ajay Natarajan, and Eugene Shao, has raised $27 million in funding, including a seed round led by Kleiner Perkins and a Series A led by Founders Fund. The company is building AI-native, natural-language “configure, price, quote” (CPQ) software, which Mirzadegan believes has the potential to become a $10 billion company. CPQ software is used by companies to configure what they’re selling, set the right price, and generate a quote, and Mirzadegan believes that current CPQ solutions are not built for the complexity of modern pricing models.
Our Reading
The numbers tell one story.
Roadrunner’s funding and ambitious goals are notable, but what’s more interesting is the company’s focus on a seemingly mundane area of business: CPQ software. Mirzadegan’s willingness to acknowledge the “boring” nature of the industry is refreshing, and his emphasis on the complexity of modern pricing models highlights the potential for innovation in this space. With Kleiner Perkins and Founders Fund on board, Roadrunner has the backing to make a significant impact. The question is, can they execute?
Author: Evan Null
