Runteq

Tampere, Finland Founded: 2012 • Age: 14 yrs
Wearable sensors and app for analyzing runners performance are offered.
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About Runteq

Runteq is a company based in Tampere (Finland) founded in 2012.. Runteq operates in a competitive market with competitors including Whoop, Shot Scope, STATSports, Stryd and HackMotion, among others.

  • Headquarter Tampere, Finland
  • Sectors
    Healthcare
    Media & Entertainment Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Media & Entertainment → Sports, Events & Attractions
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Nokia

    & 2 more

  • Employee Count
    Employee Count
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Funding Insights of Runteq

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (01 May 2012)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2018 Amount Seed - Runteq Valuation Comb+ Technology
May, 2012 Amount Debt – Venture - Runteq Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Runteq

Runteq has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Nokia, Business Finland and Comb+ Technology. 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.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Hardware and software solutions for telecommunications are provided by Nokia.
Founded Year Domain Location
Innovation, internationalization, and investment support for businesses is provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Runteq

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Runteq

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Runteq Comparisons

Employees
+
Add Comparison
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Competitors of Runteq

Runteq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Whoop, Shot Scope, STATSports, Stryd and HackMotion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of a smart wearable device for physical activities monitoring
domain founded_year HQ Location
Golf performance is tracked via wearable devices from Shot Scope.
domain founded_year HQ Location
Performance monitoring solutions for sports players are offered.
domain founded_year HQ Location
Wearable running technology and training plans are provided for runners.
domain founded_year HQ Location
Wearable motion capture solutions for sports are provided.
domain founded_year HQ Location
Athlete performance is analyzed via a specialized armband device.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Runteq

Frequently Asked Questions about Runteq

When was Runteq founded?

Runteq was founded in 2012.

Where is Runteq located?

Runteq is headquartered in Tampere, Finland.

What does Runteq do?

Runteq was founded in 2012 in Tampere, Finland, within the sports technology sector. A platform for monitoring and evaluating running techniques is developed and sold, featuring small wearable sensors that measure gait and form. Personalized coaching instructions are delivered through a companion app, enabling athletes to refine their performance based on real-time data analysis. Operations focus on hardware integration with software for precise feedback.

Who are the top competitors of Runteq?

Runteq's top competitors include Whoop, Shot Scope and STATSports.

Who are Runteq's investors?

Runteq has 3 investors. Key investors include Nokia, Business Finland, and Comb+ Technology.

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