About Runtech
Runtech is a company based in Port Talbot (United Kingdom) founded in 1996.. Runtech offers products and services including Vehicle Hire, Road Haulage, Site Services, Environmental Services, and Industrial Cleaning.
- Headquarter Port Talbot, United Kingdom
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Runtech Limited
- Date of Incorporation 15 May, 1996
- Jurisdiction SWANSEA
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Annual Revenue
$24.6 M (USD)20as on Jul 31, 2022
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Net Profit
$1.07 M (USD)-3as on Jul 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Runtech
Runtech offers a comprehensive portfolio of products and services, including Vehicle Hire, Road Haulage, Site Services, Environmental Services, and Industrial Cleaning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides rental of commercial vehicles for short and long-term use.
Handles transportation of site materials and waste efficiently.
Delivers specialist manned services for complex site operations.
Manages scrap metal and related industrial waste processes.
Offers cleaning solutions for industrial environments and sites.
Funding Insights of Runtech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Debt – Conventional - Runtech | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Runtech
Runtech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Barclays. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified financial services are provided across global markets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Runtech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Runtech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Runtech Comparisons
Competitors of Runtech
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Runtech
Frequently Asked Questions about Runtech
When was Runtech founded?
Runtech was founded in 1996 and raised its 1st funding round 26 years after it was founded.
Where is Runtech located?
Runtech is headquartered in Port Talbot, United Kingdom. It is registered at Port Talbot, Wales, United Kingdom.
What is the annual revenue of Runtech?
Annual revenue of Runtech is $24.6M as on Jul 31, 2022.
What does Runtech do?
Runtech was founded in 1996 and is headquartered in Port Talbot, United Kingdom. Operations are centered on the transportation and equipment rental sector, where vehicle hire services are offered alongside plant and transport solutions. These services support various industrial and logistical needs, with activities conducted primarily in the UK market. The companys domain, runtech.ltd.uk, facilitates online access to its offerings.
What products or services does Runtech offer?
Runtech offers Vehicle Hire, Road Haulage, Site Services, Environmental Services, and Industrial Cleaning.
Who are Runtech's investors?
Runtech has 1 investor. Key investors include Barclays.