Runner

Runner

Connecting outstanding operations talent with the most inclusive companies

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Security Type
Crowd SAFE
Min Investment
$100
Location
LOS ANGELES, CA
Offering Date
May 16, 2022
Expected Close Date
October 31, 2022
Amount Raised
$278,742
Target Raise
$100K-$5M
No. Investors
577
Security Price
$1
Number of Employees
165
Cash
$67,625
Revenue
$39,176
Short Term Debt
$87,237
Cost of Goods
$25,435
Long Term Debt
$0
Net Income
$-419,617

Company Description

We help you add the people your team needs fractionally or temp to hire, when they're needed.

Perks

Invest
$100
Receive
Special Runner t-shirt! Every Republic investor will receive a shirt, regardless of your investment :)

21 investors
Invest
$1,000
Receive
A Runner hoodie
A copy of "It's About Damn Time" written by Arlan Hamilton
Quarterly "inner circle" zoom brainstorming calls with Arlan Hamilton (CEO) and others on the Runner team for one year.
Limited (979 left of 1000)

Key Deal Facts

$1M GMV run rate
120+ customers and 350+ on the waitlist since launch in Dec 2021
Founded and led by Arlan Hamilton, founder of Backstage Capital
1500+ Runner applicants & 205+ in our onboarding pipeline
GMV growing 57% month-over-month as of March 2022
Launched just 8.5 months ago in September 2021

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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