Fundraising Fox

Runa

New York, US · Rhode Island LLC · 9 known investors

Runa provides a payout infrastructure and API for businesses to send rewards, incentives, and payments globally, including a network of gift cards, bank transfers, and prepaid Visa/Mastercard cards. It offers instant payouts to bank accounts in over 190 countries and gift cards in 45 countries, letting recipients choose how they receive value.

Founders & leadership

AAAron Alexander
Aron AlexanderinFounder
AT
Andrew Timothy SullicanNamed on SEC filing
SD
Sebastian DreherNamed on SEC filing
PO
Patrick O'KeefeNamed on SEC filing
GR
Greg RobertsonNamed on SEC filing
BK
Brian KrumreiNamed on SEC filing
TN
Tammy NewmarkNamed on SEC filing
TG
Tyler GageNamed on SEC filing
BG
Brian GoldbergNamed on SEC filing
BL
B. Luke WeilNamed on SEC filing
DM
Daniel MacCombieNamed on SEC filing
BH
Bill HarringtonNamed on SEC filing

Investors · 9

Reported raises · per SEC filings

Form D private placements

$8.4M disclosed across 2 rounds · 2014–2018

$1.8MraisedJun 2018 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew Timothy SullicanExecutive Officer, Director
  • Sebastian DreherDirector
  • Patrick O'KeefeDirector
  • Greg RobertsonDirector
  • Brian KrumreiDirector
  • Tammy NewmarkDirector
Offering amount
$6M
Amount sold
$1.8M
Sales commissions
$50.8K
Placement agents
Cedar Crest Advisors, LLC
First sale
Feb 2018
Incorporated
Limited Liability Company, Rhode Island
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6.6MraisedOct 2014 · 22 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Tyler GageExecutive Officer, Director
  • Brian GoldbergDirector
  • B. Luke WeilDirector
  • Daniel MacCombieExecutive Officer, Director
  • Bill HarringtonDirector
Offering amount
$6.6M
Amount sold
$6.6M
First sale
Oct 2014
Incorporated
Limited Liability Company, Rhode Island
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 6

by search overlap
Tremendous218 shared keywordsTremendous operates a platform that enables organizations to issue payouts in the form of money, prepaid cards, and gift cards to recipients globally. The service is used by businesses, nonprofits, researchers, and marketers to automate reward and incentive distribution across 200+ regions.
Giftbit108 shared keywordsGiftbit is a digital payouts and gift card platform that enables businesses to send prepaid cards and digital gift cards to recipients globally through an API or web interface. The company serves organizations of all sizes conducting incentive programs, market research, customer engagement, and reward distribution across numerous countries and currencies.
Tango Card92 shared keywordsTango provides a digital-first rewards and incentives platform that enables businesses to send gift cards, prepaid cards, and charitable donations to customers and employees. The platform integrates modern workflows and supports payment distribution across multiple countries and currencies.
Shrm92 shared keywordsSHRM is a membership organization for human resources professionals, offering HR certifications, expert-led training, seminars, events, and research on workplace trends. It provides educational resources, networking through local chapters and regional councils, and data-driven insights for HR practitioners.
Work Human89 shared keywordsWorkHuman provides a team recognition and rewards platform that enables organizations to celebrate and recognize teams for their workplace accomplishments. The platform integrates social recognition with redemption options for products and experiences from major brands.
Visa® Spend Clarity for Enterprise89 shared keywordsVisa operates a global payments network enabling digital and card-based transactions for consumers and businesses across multiple sectors and geographies.

Companies competing with Runa for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Runa do?
Runa provides a payout infrastructure and API for businesses to send rewards, incentives, and payments globally, including a network of gift cards, bank transfers, and prepaid Visa/Mastercard cards. It offers instant payouts to bank accounts in over 190 countries and gift cards in 45 countries, letting recipients choose how they receive value.
Who founded Runa?
Runa was founded by Aron Alexander.
Who are Runa's investors?
Runa's investors include AlbionVC, Clocktower Ventures, CommerzVentures, MaC Venture Capital, Redbus Ventures, Salica Investments, Volution Ventures, 13books Capital and 1 more.
How much funding has Runa raised?
Runa has disclosed $8.4M raised across 2 rounds.
Where is Runa headquartered?
Runa is headquartered in New York, US.