i²c Founder & Investor Talk #48: “Runtastic: From start-up to grown-up, from founder to business angel” by Alfred Luger (Runtastic)
TU Wien Gußhausstraße 27-29 Staircase I 1040 Vienna
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.
The Founder & Investor Talks organized by the Innovation Incubation Center (i²c) at TU Wien enable the audience to learn first-hand from experienced founders and investors. They share their international experiences, dos and don’ts and lessons learned during inspiring talks and answer questions in interactive Q&A-sessions. The talks are concluding with the possibility for networking with like-minded people accompanied by some free drinks. With the TU Wien Alumni Edition, the i²c wants to showcase especially TU Wien alumni, who decided to take the entrepreneurial path and offer an extra stage for their success stories.
Free entry but registration is necessary!
***During the event, photographic and video material will be taken. Please inform the i²c team at the venue in case you do not agree with appearing in this material. The photographic and video material taken at the event will be used by i²c in printed and electronic media for promotional purposes.***