Eka Ventures is an early-stage venture fund integrating impact investing into mainstream venture capital by backing sustainable and health-focused consumer businesses.
The investment round was led by Eka Ventures with participation from notable athletes and institutional backers.
"Everyone at Runna is beyond thrilled with the progress in such a short space of time, and we have to thank our users and investors for their unwavering support. We’re determined to spread the benefits of running with as many people as possible by making it as accessible as we can to people of all backgrounds, body types and fitness levels."
Intact Ventures led the Series A round alongside Ingka Group to help the insurer scale its customer base and workforce.
"This latest Series A funding round comes at an exciting time, we’re growing very quickly which has been attractive to both existing and new investors."
The seed round was led by Index Ventures with participation from Eka Ventures, Venrex, and Dylan Field.
"It’s all very well to ask people to ‘shop responsibly’, but the reality is that consumers only have the choices that businesses offer, and it’s not fair to put the burden on individuals to constantly sacrifice cost and convenience."
The funding round was backed by Mundi Ventures and Eka Ventures.
"We’ve continued to grow strongly throughout the pandemic and that has been attractive for both new and existing investors. Our tech platform means we can grow our customer base rapidly without having to build an army of customer service agents. That said, we’ve got ambitious growth plans, so we’ll be doubling our headcount in the next 12 months to support that."