- Runo represents a cutting-edge Mobile SIM-based Outbound Call Management CRM aimed at redefining sales and outbound calling efficiency.
- The raised funds will primarily support the recruitment of a senior management team for product development and expansion initiatives targeting the MENA region as well as the United States and Canada.
- Demonstrating impressive growth, Runo has achieved a remarkable 30% quarter-on-quarter growth rate over the past eight quarters.
- With a clear trajectory, the company is determined to achieve a significant milestone of reaching a $2.5 million Annual Recurring Revenue (ARR) within the upcoming 12 months.
Mumbai/Hyderabad, 22nd April 2024: Runo, a cutting-edge Mobile SIM-based Outbound Call Management CRM, has successfully raised $1.5 million in a Pre-Series A funding round led by Unicorn India Ventures and Callapina Capital.
Founded in 2019 by Rajsekhar Pattnaik and Venkata Sai Vamsi Penupothu, Runo is a forward-looking CRM solution aimed at transforming sales and outbound calling productivity. With a focus on user-friendly design, customizable features, and actionable analytics, Runo seamlessly integrates with popular CRMs and lead sources to streamline lead management and optimize outbound sales operations.
The investment infusion will primarily fuel Runo’s strategic initiatives, including the recruitment of senior management talent in Product and Development. Additionally, the funding will drive the company’s expansion efforts into the MENA region and the United States & Canada, positioning Runo as a global leader in sales and outbound calling productivity solutions.
Key Highlights:
- Revolutionizing Sales Productivity: Runo’s innovative approach has garnered attention due to its success in enabling higher conversion rates for companies. With cloud-based CRM gaining momentum, Runo is at the forefront of pioneering AI-driven solutions in this domain.
- Supporting Distributed Workforces: In the era of remote work, Runo’s mobile-first solution addresses the growing need for tools that enhance productivity in distributed work environments. By integrating CRM functionality at the SIM level, Runo simplifies communication and boosts operational efficiencies across various call-based operations.
- Impressive Growth Trajectory: Runo has achieved a robust growth rate of 30% quarter-on-quarter over the last 8 quarters, reflecting its strong market traction. Leveraging this momentum, the company aims to reach a significant milestone of $2.5 million in Annual Recurring Revenue (ARR) within the next 12 – 18 months.
Vision for the Future:
- Rajsekhar Pattnaik, Founder and CEO: “With the backing of our dedicated team and recent funding, Runo is poised for exponential revenue growth in the coming quarters. Our focus on distribution and go-to-market strategies, coupled with expansion into new geographic regions, positions us to redefine industry standards and cater to a global clientele.”
- Venkata Sai Vamsi Penupothu, Co-Founder & CTO: “The additional capital infusion will further enhance Runo’s Call Management CRM, enabling businesses to gain deeper customer insights through SIM-based call tracking integrated with CRM. Our roadmap includes AI integration to deliver smarter call analytics and predictive customer behavior insights.”
As the global customer relationship management market continues to expand rapidly, Runo is well-positioned to capitalize on this growth opportunity and emerge as a leading player in the industry.
