# JoyRun

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/joyrun

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.joyrun.com
- Total disclosed funding: $9.8M
- Latest round: Series A (Mar 30, 2017)
- Investors on record: 8

## About

JoyRun, Inc. is a technology company focused on enhancing operational efficiency through innovative software solutions that leverage advanced analytics, automation, and machine learning to improve workflow processes across multiple sectors.Founded in 2014 by Arati Rahalkar and Manish Rathi, JoyRun, Inc. is headquartered in Redwood City, US. The company specializes in creating technology solutions aimed at improving operational efficiency. In November 2020, Walmart acquired JoyRun, Inc. for undisclosed financial terms. The company has completed a total of four deals, with its most recent funding being a Series A round in which it raised USD 8.50 mn led by Floodgate, with participation from several other investors including Hack VC and Norwest Venture Partners.JoyRun, Inc. offers a proprietary software platform designed to enhance operational efficiency across various industries. The platform integrates advanced analytics, machine learning, and automation features to address issues like data management inefficiencies. Since its launch, the company has catered to a diverse clientele in sectors such as healthcare, finance, and logistics, expanding its presence in North America, Europe, and parts of Asia.The company operates on a subscription-based revenue model allowing clients to access its software through tiered pricing plans. This approach facilitates interactions with both B2B clients and direct-to-consumer engagements, ranging from startups to large enterprises. JoyRun's flagship software solution provides scalability and customization, ensuring ongoing support and updates for subscribers, which fosters long-term partnerships and positions the company for continuous growth in its target markets.JoyRun, Inc. aims to expand its product offerings with new software solutions designed to further streamline operational processes, although specific release dates have not been disclosed. The company is also targeting expansion into additional markets in Asia by the end of 2022, leveraging the recent funding from its Series A round to support these initiatives. The acquisition by Walmart in November 2020 is expected to enhance the company’s market reach and operational capabilities.

## Funding rounds

- Series A, Mar 30, 2017, $8.5M — Norwest Venture Partners, Floodgate, TriplePoint Capital, Morado Ventures, Tuesday Capital, Plug and Play, Visionnaire Ventures, Hack VC
- Seed, Nov 1, 2014, $1.3M — Norwest Venture Partners, TriplePoint Capital, Morado Ventures, Tuesday Capital, Plug and Play, Visionnaire Ventures
- Seed, Oct 31, 2014 — Norwest Venture Partners

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Seed, Series A
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Seed, Series A
- Morado Ventures (https://capitalatlas.ai/funds/morado-ventures) — Seed, Series A
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed, Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed, Series A
- Visionnaire Ventures (https://capitalatlas.ai/funds/visionnaire-ventures) — Seed, Series A
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Series A
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Series A