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
Target Raise
$100.00K-$5.00M
No. Investors
595
Security Price
$1
Website
hirerunner.co
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

Management Team / Advisory Board Bios

Arlan Hamilton
Founder and CEO
Arlan Hamilton is the CEO of Hire Runner, which connects outstanding operations talent with inclusive companies.
Arlan is also the Founder and Managing Partner of Backstage Capital, a fund that invests in underestimated founders.

Dianna Moore
COO
Dianna has a strong foundation in finance, risk management, people development and is known for optimizing processes, leading change, modeling ethical values, and inspiring others.

Frantz Joseph
CTO
Frantz has 10 years in Engineering Leadership at Netflix, Etsy, & Mailchimp, with
18 years of expertise in Software Engineering within Tech & Gaming

Lauren Walker-Reader
VP, Operations
Lauren is an engaging, creative professional who builds operational rhythms, anticipates organizational needs and enables leaders to operate efficiently.

Melanie Goodloe
Director of Customer Success
An Entrepreneur, Founder & Coach, Melanie creates and drives key initiatives that help customers optimize value

Michelle Heng
HR Business Partner Leader
Michelle brings 12 years of experience within Human Resources recruiting, Head of People, & People Operations to the Runner team

Nicole Healy
Chief of Staff
Nicole has 10 years in tech startup leadership – Business Development, Client Services, and Operations.
Amount Raised : $278,169
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation

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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