# MyNextRun

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

- Industry: Travel & Leisure
- Headquarters: Helsinki, Finland
- Website: www.mynextrun.com
- Total disclosed funding: $1.1M
- Latest round: Seed (May 30, 2014)
- Investors on record: 4

## About

MyNextRun is an innovative platform that connects runners with global race events, facilitating easy registration and access to diverse running opportunities.MyNextRun Ltd. was founded in 2010 in Helsinki, Finland, and offers a platform for discovering and registering for running races worldwide. The company has completed a total of 3 deals, with its most recent funding round occurring on May 30, 2014, where it raised EUR 0.5 million in Seed funding from AJP Holding, Dreadnought Finance Oy, Reaktor Ventures, and Tekes Venture Capital, bringing the total amount raised to EUR 0.5 million.MyNextRun Ltd. primarily offers a comprehensive platform designed for discovering and registering for running races globally. Their core service enables users to search for various running events based on location, date, and type of race, addressing the need for an organized system through which runners can easily access race information and registration options. The platform serves a diverse clientele, including amateur and professional runners, event organizers, and running clubs, facilitating seamless connections between these groups. MyNextRun’s service is available across multiple geographical markets, including North America, Europe, and select regions in Asia, optimizing user experience in event registration and enhancing race visibility for event organizers.The revenue model of MyNextRun is primarily derived from registration fees associated with the races listed on their platform, as well as potential partnerships with event organizers. Upon a user’s registration for an event, a portion of the fees collected is retained by MyNextRun, creating a B2C revenue stream that aligns with their service offerings. In 2017, MyNextRun reported a revenue of EUR 0.00 and an EBITDA of EUR 151,298.30.In May 2014, MyNextRun raised EUR 0.5 million in Seed funding, which will be utilized to enhance their platform capabilities and expand their market reach. The company plans to launch new features aimed at improving user experience and increasing registration efficiency. Additionally, there are strategies to enter new geographic markets, specifically targeting Asia and Australia, by 2025, allowing for an increased user base and participation in running events.

## Funding rounds

- Seed, May 30, 2014, $0.7M — Tekes Venture Capital, Reaktor Ventures, Dreadnought Finance Oy, AJP Holding
- Seed, Dec 11, 2013, $0.2M — Tekes Venture Capital, Reaktor Ventures, Dreadnought Finance Oy
- Seed, Mar 26, 2013, $0.2M — Reaktor Ventures

## Investors

- Reaktor Ventures — Seed
- Tekes Venture Capital — Seed
- Dreadnought Finance Oy — Seed
- AJP Holding — Seed