Roadrunner raises $27M from Kleiner Perkins and Founders Fund for AI-native CPQ pricing and quoting software

by | May 12, 2026 | Latest E-commerce News & Updates

Roadrunner, an AI-native configure, price, quote (CPQ) software startup that helps businesses configure what they're selling, set the right price, and generate quotes for complex deals, raised $27M including a seed round led by Kleiner Perkins and a Series A led by Founders Fund. Co-founded in 2025 by Joubin Mirzadegan, Ajay Natarajan, and Eugene Shao, the company has the distinction of being Kleiner Perkins's first incubation since Glean, with Mirzadegan still serving as a partner at Kleiner alongside his role as CEO at Roadrunner. The startup is pioneering a new system called PQA (“prompt, quote, approve”) that uses AI to generate quotes and manage approval processes, positioning itself to capture a slice of what Kleiner Perkins partner Mamoon Hamid described as a “blue ocean” market similar to how credit card companies make 2-3% on transactions by facilitating payment.

Paul Drecksler is the founder and editor of Shopifreaks, covering the most important stories in e-commerce.

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