# Runnr

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

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.runnr.in
- Total disclosed funding: $4.6M
- Latest round: Series B (Oct 6, 2016)
- Investors on record: 2

## About

Founded in 2015, Runnr is an innovative company based in Bangalore, India, that specializes in providing advanced technology solutions to enhance operational efficiency across various sectors.Runnr, headquartered in Bangalore, India, was established in 2015 by CEO Mohit Kumar. The company focuses on delivering technology solutions aimed at streamlining workflow processes in diverse industries. Notably, Runnr has secured funding through 6 deals, with the latest being a Series B round in June 2017, raising INR 305.990 mn from investors including Blume Ventures and Nexus Venture Partners. The total amount raised by Runnr has reached INR 305.990 mn, resulting in a current company valuation of INR 998.519 mn.Runnr offers a variety of innovative technology solutions tailored to meet the specific needs of businesses. Their core offerings are designed to improve operational efficiency and productivity, addressing issues like workflow management and data handling within sectors such as healthcare, finance, and manufacturing. Their solutions have been adopted by a diverse client base, including both large enterprises and small to medium-sized businesses primarily in North America and Europe, since their introduction.Runnr's revenue model is based on B2B transactions, emphasizing long-term partnerships and subscription services. Clients typically engage in contracts with tiered pricing plans corresponding to the scale of services needed, ensuring a steady revenue stream. This includes options for annual subscriptions to software solutions that offer ongoing updates and support, along with customizable packages that enhance the value for clients, resulting in consistent revenue through renewals and upselling opportunities.Runnr is strategically focused on expanding its product offerings and geographical presence. The company aims to introduce new products designed to meet evolving client demands, although specific release dates are not disclosed. Additionally, plans are in place to penetrate new markets, targeting regions across Asia and Europe by 2025. The funds raised in the Series B round will support these initiatives, enhancing product development and market entry efforts.

## Funding rounds

- Series B, Oct 6, 2016, $4.6M — Nexus Venture Partners, Blume Ventures

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series B
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Series B
