UK – Runna, a London, UK-based provider of a personalised running coaching app, raised £5M in funding.
The round, which brought the total amount to £8M, was led by JamJar, with participation from Eka Ventures, Venrex and Creator Ventures. existing investors included Joshua Patterson and Olympic athletes Steph Davis, Beth Potter, Greg O’Shea and Alex Yee.The company intends to use the funds to further develop and train sophisticated coaching algorithms with the incorporation of AI.Led by CEO Dom Maskell and and Ben Parker, Runna provides a coaching app that uses advanced technology combined with real-world running and strength and conditioning plans and workouts from top running coaches to personalise the user’s experience based on their ability, goals and schedule.Anything and everything that everyday runners might need is available on the app, from free ‘couch to 5k’ training plans, to personalised plans for those looking to run a marathon or even work up to a multi-day ultramarathon. The app also features a multitude of product functionality, including smart treadmill control, live Apple Watch coaching and Garmin, Fitbit and COROS integrations.Used in over 180 countries, Runna now has over hundreds of thousands of users, which can be used to develop and train sophisticated coaching algorithms with the incorporation of AI. Runna has also partnered with some races in the UK and beyond, from the AJ Bell Great North Run to the Los Angeles Marathon presented by ASICS.01/12/2023
