Runner
Early Stage
Connecting outstanding operations talent with the most inclusive companies
Overview
Raised: $383,484
Total Commitments ($USD)
Platform
Republic
Start Date
05/17/2022
Close Date
10/10/2022
Min. Goal
$100,000
Max. Goal
$5,000,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$25,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/31/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,627
# of Investors
933
Momentum
Funded
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Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Runner, with a valuation of $25 million, is raising funds on Republic. The company helps in connecting outstanding operations talent with the most inclusive companies. The platform allows the companies to look for talent and add people to their teams on a fractional or temporary basis. Runner has a diverse talent pool and operational talent at all levels, including human resources, operations, consultant, executive assistant, and runner. Runner has 120 customers and more than 350 on the waitlist, with a $1 million GMV run rate. Arlan Hamilton founded Runner in March 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$39,176 |
$0 |
|
COGS |
$25,435 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-419,617 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$67,625 |
$0 |
|
Accounts Receivable |
$20,858 |
$0 |
|
Total Assets |
$162,320 |
$0 |
|
Short-Term Debt |
$87,237 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$87,237 |
$0 |
Financials as of: 05/17/2022
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