This is a niche proposition, but something that has definitely been a problem for the running community, especially when it comes to finding and registering for foreign events. The company already has over 10 000 users and are just waiting for the snow to melt and start the exponential growth stage.
We also wanted to talk to Reaktor Polte about their overall plans and ambitions, so here is a brief summary from our interview:
AS: How many companies do you expect to invest into this year?
Kettunen: We do not have a schedule, as we are new to the field. It might look like we are investing at a fast pace, but in fact we are rather cautious. The bottle neck is actually in finding good cases.
AS: What type of startups are you looking for the most right now?
Kettunen: Good ones. We are not ruling anything out but it seems that investments into companies such as MyNext run are in the sweetspot. There is a need for a component of an online digital service. There aren’t any rules though.
AS: What was the main driver for choosing MyNextRun?
Kettunen: Well balanced team, a focused business model and empirical proof of some key metrics as well a good story of where it is going.
AS: Is Polte only aiming to make smaller seed investments or do you have plans to make larger rounds in the future?
Kettunen: Because of who we are, the seed investing comes naturally to us. Any good investment is always interesting, so it could well get bigger. At some point we will be looking at some of our portfolio companies raising series A and we are going to decide if we will double down on them or let someone else carry them further.