Runner

Runner


About this raise: 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.

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Investment Overview

Invested this round: $383,484

Deal Terms

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    Open SEC Filing

Valuation Cap

$25,000,000

Discount

20%

Company & Team

Company

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
Company Website
Visit Website

Team

Employees
163
Prior Founder Exits?
No
Founder Name
Arlan Hamilton
Title
CEO

Financials

 Revenue
$39,176
 Monthly Burn
$34,968
 Runway
1.9 months
Gross Margin
35%

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$494,700
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/10/2022 Republic $25,000,000 $383,484 SAFE Funded RegCF
01/24/2022 Self Managed - $642,700 SAFE Funded RegD 506(c)
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Growth Charts

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

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Follow Runner on Republic 2022

Buy Runner's Deal Report

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

Runner Deal Report

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  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Runner is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

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