Entrepreneur 2 Entrepreneur: Team Runerra On Dropping Out Of College For The Cause

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The Runerra team L-R: Niel Patel, Sam Lerdahl, Josh Chang, Bharat Pulgam.

In this Entrepreneur 2 Entrepreneur series curated by Sean Higgins and underwritten by Router Ventures, we hear from the four college dropouts who recently gave it up to go all in on their startup, Runerra.

Runerra is a 2018 Minnesota Cup student division semifinalist, a Techstars + Target 2018 Retail Accelerator Startup, and one of our Pre-Revenue Tech Startups To Watch.

What is Runnera?

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VC-Backed ilos Videos Changes Name To VidGrid

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Via News Release

“ST PAUL, MN (August 14, 2018) — ilos Videos announced today the launch of video’s most interactive platform. Going beyond recording, editing, hosting, and sharing; the new platform transforms video into a two-way conversation by empowering anyone to capture knowledge, converse with the audience, and control the flow of information.

This coincides with a name change to VidGrid. The new name was inspired by the way that VidGrid harnesses the power of video to turn any organization, into a video organization.”

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Sansoro Health Raises $8m Series B Financing

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Via News Release

“MINNEAPOLIS (August 14, 2018) – Sansoro Health, Inc., a pioneer in data integration for health care, today announced an $8 million Series B investment led by LRVHealth, with participation from existing investors Bain Capital Ventures and Healthy Ventures.

The funding will accelerate the adoption and evolution of its Emissary software platform, which facilitates robust integration of digital health applications with electronic health records (EHRs).  Sansoro Health has raised a total of $14.5 million.”

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Minneapolis Startup Releases App That Helps Parents Manage Children’s Screen Time

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Via Star Tribune

“William Heathershaw was looking for a new project after moving from Silicon Valley to Minneapolis to be closer to his native Iowa. During a visit with his sister, he noticed how she and her husband struggled with controlling their children’s screen time on the iPad he had given as a gift. “I said, ‘Why don’t I work on a solution here?’”

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Football Tech Startup GoRout Catches $1M in Seed Financing

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Via Twin Cities Business

GoRout LLC, a buzzworthy Rochester-based football technology startup that began as a tenant in the Mayo Clinic Business Accelerator, has raised $1 million in a seed financing round and is growing quickly, according to city leaders.

GoRout was founded in 2013 in the Mayo Clinic Business Accelerator by CEO Mike Rolih. Its communications technology for football teams is like a wearable smartphone: During practices, players sport a shockproof digital display on their forearms, enabling coaches to eliminate huddles and thus maximize their practice time, reduce mistakes and improve communication.”

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Minneapolis Wearable Startup HabitAware Receives $300k NIH Grant

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Via News Release

HabitAware was awarded a $300,000 federal research grant from the National Institute of Mental Health to further develop and test its innovative wearable device for treating trichotillomania, a debilitating mental health disorder that involves compulsive hair pulling and affects 180 million people worldwide.”

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Fintech Startup ClickSWITCH Banks $3.5m In Series A

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Via News Release

“MINNEAPOLIS, MINN. (August 8, 2018) ClickSWITCH, a turnkey solution that simplifies the switch of recurring payments and deposits for a financial institution’s new and existing account holders, completed $3.5 million in Series A venture.

The investment round was led by Commerce Ventures, a leading early-stage, FinTech-focused firm, Betsy Cohen, founder of The Bancorp, Inc., Daniel Cohen, Chairman of The Bancorp, Inc. and Pete Kight, founder and former CEO of CheckFree Corp. Several Minneapolis-based investors also participated in the round.”

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