# Runa

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/runa-2

- Industry: Consumer Products
- Headquarters: Sevenoaks, UK
- Website: www.runa.org
- Total disclosed funding: $6.1M
- Latest round: Series A (Oct 19, 2012)
- Investors on record: 2

## About

Runa, LLC, based in the UK, specializes in delivering a comprehensive suite of global payout solutions that enhance financial transactions for various sectors, ensuring convenience and efficiency for businesses and their clients.Runa, LLC is focused on providing innovative payout solutions for businesses. Founded in 2009 in Sevenoaks, UK, the company has successfully completed 6 deals, with the most recent funding round occurring on June 30, 2017. This round raised USD 5.75 mn, led by MetaBrand Capital. The company was founded by Aleksandr Fedorov, who has a history of entrepreneurial efforts, although no prior company information is available. Runa operates independently without known parent companies or subsidiaries.Runa specializes in providing a comprehensive suite of global payout solutions designed to streamline financial transactions across various sectors. Their core offerings include prepaid cards, bank payouts, wallet transfers, and gift cards, which enable businesses to send funds to recipients instantly and conveniently. The Runa API allows for rapid integration within a few hours, enabling real-time tracking and management of payouts in over 190 countries. Their services cater to a diverse clientele, including gig economy platforms, marketplace operators, and loyalty programs, ensuring that both businesses and their end users experience seamless financial interactions. Additionally, Runa's solutions support payments in 40 currencies, enhancing international usability and appeal across different geographical markets.Runa generates revenue primarily through transaction-based fees associated with its payout services. Clients, which include retailers, organizations in the gig economy, and various marketplaces, engage Runa for immediate fund disbursements to recipients, benefiting from improved liquidity and customer satisfaction. The company's pricing structure encompasses fees for individual transactions, subscriptions through its partner programs, and value-added services such as currency exchange and loyalty cashback programs. By leveraging their API, businesses can facilitate the efficient transfer of funds while minimizing operational costs and downtime. This transactional framework positions Runa as a pivotal partner for companies looking to enhance their financial engagement with consumers and employees alike.Runa plans to leverage its recent funding of USD 5.75 mn raised in June 2017 to develop new products that enhance its payout solutions. The company aims to expand into additional European and Asian markets by the end of 2018, focusing on regions with growing gig economies. The funds will support product development and market entry strategies, ensuring Runa remains competitive in the evolving financial transaction landscape.

## Funding rounds

- Series A, Oct 19, 2012, $1M — Sierra Ventures, Merus Capital
- Series A, Jul 31, 2010, $5.1M — Sierra Ventures

## Investors

- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Series A
- Merus Capital — Series A