Regioselective chain transfer agents are used to synthesize narrowly dispersed heterotelechelic polymers with a 15-fold decrease in catalyst consumption using the pulsed addition ROMP (PA-ROMP) technique. The commercially available Grubbs' third-generation catalyst (G3) is easily prefunctionalized with chain transfer agents in a short reaction time (30 min). After addition and consumption of a monomer, the excess chain transfer agent in the reaction medium end-functionalizes the polymer chain and regenerates the initiator very quickly (within 10 min) via a ring-opening-ring-closing sequence. This regenerated catalyst then initiates the polymerization of a subsequent batch of monomers, and the process is iterated for 15 times. Excellent control over molecular weight and dispersity from SEC analyses (over 15 pulses) confirmed the high efficacy of the chain transfer agents under this PA-ROMP method. The chain transfer agents are also extremely compatible with the synthesis of high molecular weight polymers (M/C = 150) with minimal catalyst decomposition. 1H NMR as well as MALDI-ToF mass spectrometry further confirmed the high degree of chain end functionalization of the synthesized polymers.