# Runa funding: rounds and investors

> Runa has raised $41M across 3 rounds since 2010. Investors include Merus Capital, Element Ventures and Salesforce Ventures. Every round with its source.

Source: https://millionrounds.com/company/runa (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Runa*

3 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$41M** raised across 3 rounds since 2010, from 3 sources

**$9.2M** Venture **$1.0M** Seed **$31M** Series B

- **Latest round:** Series B, $31M Nov 2022
- **Led by:** Element Ventures
- **Step-up i:** 30.6×
- **Investors:** 14 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2010 2012 2014 2016 2018 2020 2022

**$9.2M** Venture

**$1.0M** Seed

**$31M** Series B

- **First round:** Venture, $9.2M
- **Biggest round:** $31M
- **Usual gap between rounds:** 10 years

## The rounds

- **Nov 2022** Series B **$31M** *11 new* [Element Ventures](https://millionrounds.com/fund/element-ventures) Lead [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Ascension](https://millionrounds.com/fund/ascension) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) [AlbionVC](https://millionrounds.com/fund/albionvc) [SAP](https://millionrounds.com/fund/sap) [CommerzVentures](https://millionrounds.com/fund/commerzventures) [Volution Capital](https://millionrounds.com/fund/volution-capital) Reported by 13books Capital
- **Nov 2012** Seed **$1.0M** *1 returning* [Merus Capital](https://millionrounds.com/fund/merus-capital) Reported by sec.gov SEC filing: $1.0M sold, first sale Oct 2012
- **Aug 2010** Venture **$9.2M** *3 new* [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [ITOCHU Technology Ventures](https://millionrounds.com/fund/itochu-technology-ventures) [Merus Capital](https://millionrounds.com/fund/merus-capital) Reported by deals.venturebeat.com SEC filing: $9.2M sold, first sale Aug 2010

## Founders and team

From Runa's own website and the SEC filings it signed: 3 on the team.

- **Aron Alexander** CEO
- **Dynshaw Italia** CFO
- **Andrew Timothy Sullican** Executive Officer, Director i

On the board, as filed i *Brian Timothy Krumrei* *Greg Timothy Robertson* *Patrick Timothy O'Keefe* *Sebastian Timothy Dreher* *Tammy Timothy Newmark*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2010 **Seed** 2012 **Series B** 2022 [Merus Capital](https://millionrounds.com/fund/merus-capital) [Element Ventures](https://millionrounds.com/fund/element-ventures) L [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [Ascension](https://millionrounds.com/fund/ascension) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) [ITOCHU Technology Ventures](https://millionrounds.com/fund/itochu-technology-ventures)

## Everyone who backed them

[Merus Capital](https://millionrounds.com/fund/merus-capital) VC firm **2** rounds

[Element Ventures](https://millionrounds.com/fund/element-ventures) VC firm **1** round, led 1

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) VC firm **1** round

[Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) VC firm **1** round

[Ascension](https://millionrounds.com/fund/ascension) VC firm **1** round

[Susa Ventures](https://millionrounds.com/fund/susa-ventures) VC firm **1** round

[South Park Commons](https://millionrounds.com/fund/south-park-commons) Accelerator **1** round

[Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) VC firm **1** round

[ITOCHU Technology Ventures](https://millionrounds.com/fund/itochu-technology-ventures) VC firm **1** round

[AlbionVC](https://millionrounds.com/fund/albionvc) VC firm **1** round

[SAP](https://millionrounds.com/fund/sap) Growth equity **1** round

[CommerzVentures](https://millionrounds.com/fund/commerzventures) VC firm **1** round

[Volution Capital](https://millionrounds.com/fund/volution-capital) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=runa).

## Quick answers about Runa

### Who invested in Runa?

Runa's investors include Merus Capital, Element Ventures, Salesforce Ventures, Liquid 2 Ventures and Sierra Ventures, and 9 more on record. Element Ventures led its latest round.

### How much has Runa raised?

Runa has raised $41M across 3 rounds since 2010.

### When did Runa last raise?

Runa's most recent round was a Series B of $31M in Nov 2022, led by Element Ventures.

### What was Runa's biggest round?

Its most recent round, $31M in Nov 2022, is also its largest on record.

### Who backed Runa first?

Runa's first round on record, in Aug 2010, was backed by Sierra Ventures, ITOCHU Technology Ventures and Merus Capital.

### What stage is Runa at?

Runa's latest named round is a Series B, in Nov 2022.

### Where is Runa based?

Runa is based in the United Kingdom.

### Who led Runa's rounds?

Element Ventures led the Series B in 2022.

## Companies like Runa

In the same sector, and raised in the last eighteen months.

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