i²c Founder & Investor Talk #48: “Runtastic: From start-up to grown-up, from founder to business angel” by Alfred Luger

Event Details

Runtastic is one of the world’s number one health and fitness apps and managed to put Austria on the big-money tech acquisitions map after they were acquired by sportswear brand Adidas Group for €220 Mio. The idea for Runtastic was born in 2009 during a college project and developed into the running app for leisure athletes by the four co-founders, René Giretzlehner, Florian Gschwandtner, Christian Kaar, and Alfred Luger and since then they have been focusing on accompanying and supporting the users on their journey to a better, healthier and more conscious lifestyle. In 2013 the German media corporation Axel Springer acquired 50.1% shares at a valuation of 22 Mio. Today Runtastic encompasses over 23 nationalities and 110 employees and has a mix of software (apps) and hardware products.

As COO and co-founder of Runtastic, Alfred Luger, in addition to managing the company finances and HR topics, is also responsible for all Marketing topics and organizational development at Runtastic. Recently he joined the digital management team at Adidas together with his co-founder Christian.

In his talk Alfred will touch topics like the startup & acquisition phases they underwent with Runtastic, his learnings as a founder and then manager and since he is also acting as a business angel (e.g. tractive, linemetrics, cleen energy mimo) and investor in the startup community (e.g. Startup 300, Speedinvest, capital 300) his learnings as an active business angel and investor.