Runner

Runner

Early Stage

Connecting outstanding operations talent with the most inclusive companies

Connecting outstanding operations talent with the most inclusive companies

Overview

Raised this Round: Raised: $383,484

Total Commitments ($USD)

Platform

Republic

Start Date

05/16/2022

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    Open SEC Filing

Valuation Cap

$25,000,000

Discount

20%

Year Founded

2022

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Low

Capital Intensity

Low

Location

Los Angeles, California

Business Type

High Growth

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: 05/16/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Runner 10/09/2022 Republic $25,000,000 $383,484 SAFE Funded RegCF
Runner 01/23/2022 Self Managed - $642,700 SAFE Funded RegD 506(c)
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Runner on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $25,000,000

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Follow Runner on Republic 2022

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Warning: according to the close date for this deal, Runner may no longer be accepting investments.

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