6 days ago
Runable Raises $21 Million to Expand AI Agent Platform
Runable is a company that makes AI tools for businesses.
It raised $21 million from investors in a Series A funding round.
The investors included Susquehanna Venture Capital and Nexus Venture Partners.
Runable says its tools can help create products, manage daily work, and grow a business.
The platform can assist with websites, apps, marketing, customer support, and other tasks.
The company plans to add more advertising channels and improve how it measures results.
It will also expand Runable Academy, a free learning program for business owners.
Runable says about 1.5 million people use its platform, mostly at small businesses.
Runable secured $21 million in Series A funding.
The round was co-led by Susquehanna Venture Capital and Nexus Venture Partners.
Runable plans to add channels, improve measurement, and automate campaign fixes.
The company will scale Runable Academy and hire across several departments.
Runable says it has about 1.5 million users, mostly small businesses in the United States, United Kingdom, Japan, and Brazil.
- Who
- Runable, with investment led by Susquehanna Venture Capital and Nexus Venture Partners, alongside existing investors Together Fund and Array VC.
- What
- Runable raised $21 million in Series A funding for its AI agent platform.
- Where
- Runable serves users across the United States, United Kingdom, Japan, and Brazil.
- When
- The funding was announced on Wednesday; the articles do not provide a specific date.
- Why
- The company plans to expand growth capabilities, improve measurement, automate campaign fixes, scale Runable Academy, and hire additional staff.
Key facts
- Funding
- $21 million in Series A financing, described as about Rs 200 crore.
- Lead investors
- Susquehanna Venture Capital and Nexus Venture Partners.
- Existing investors
- Together Fund and Array VC continued participating.
- User base
- Runable claims approximately 1.5 million users.
- Primary users
- Mostly small-business owners, typically operating two-person teams.
- Planned expansion
- More channels, deeper measurement, self-initiated campaign fixes, and expanded Runable Academy.
- Platform functions
- Building, running, and growing businesses through products including websites, apps, marketing, analytics, and customer support.
Quotes
Runable
AI agent platform company announcing its Series A funding and participating investors
“Runable, an AI agent platform that helps users build, run and grow their business, announced a USD 21 million Series A co-led by Susquehanna Venture Capital and Nexus Venture Partners, along with continued participation from previous investors, Together Fund and Array VC.”
rediff.com
Sources
Related news
YuVerse Unveils Four Enterprise AI Platforms at Yunite
ai-horizon.io Enters Pre-Series A Led by Source1 Technologies
Meta introduces AI tools to help small businesses grow
BEST Adds 136 Buses Across Mumbai for Raksha Bandhan Travel
Mumbai BEST Depot PPP Plan Draws Citizen Protest
BEST Workers’ Hunger Strike Continues Without Disrupting Mumbai Bus Services
KPop Demon Hunters gets Criterion Blu-ray release, pre-orders now open
