Companies108 Funding$41.6B Rounds77 ▼1 mo Investors75 Eng roles4338 ● updated moments ago
VIX The Intelligent Venture Terminal beta

Rune

current — rebuilt moments ago

Rune

☆ Watch
fresh · evidence today 6 sources no confidence data
52.5/100
Venture signal
scored above 32% of unstaged peers stage unparsed
Outlook Stable
Why this score? ↓

What we have established three decisions, kept apart

  1. 1 Identity verified Not recorded

    No person- or entity-level identity check is on record for this company. A name match is not one.

  2. 2 Evidence sufficient to publish Yes

    The inclusion bar: two or more independent sourced evidence families. This profile is published and listed. It is a statement about how much evidence we hold, and about nothing else.

  3. 3 Fit for a seed/Series-A sourcing buyer Not established

    We have not established fit. That is not a soft no and not a soft yes — it is unknown, and it is never counted as a qualified prospect.

    UNKNOWN (not a soft no, never counted as qualified). Blocker: No source states a band-bearing stage for any financing event we hold.

    Venture backing: evidenced · Stage band: UNKNOWN — No source states a band-bearing stage for any financing event we hold.

    What would overturn this:

    Assessed 2026-10-24 for seed/Series-A sourcing.

Funding
$40M
2026-09-16
Adoption
no signal
downloads / week
Developer
not scored
momentum / 100
Hiring
no board
eng openings
Commercial
not checked
homepage

Composite signal v0 14 ±16 · 3 components

Five evidence lanes (activity, capital, infra, hiring, ecosystem) as within-cohort percentiles, combined with evidence-breadth weights over the 60-company baseline cohort. The ± band widens with missing lanes — it measures what the score stands on. 4 signals in the last 60 days back this number.

Ecosystem

Derived connections from primary evidence — Form D officer rosters and shared lead investors. A shared name is a lead, not proof of identity.

investor spark capital → Baseten

Traction

Current round

Opportunity & risk

↗ Strongest signal: funding_recency (18% of the score).

↓ Scored on 2 of 4 components — adoption, developer had no computable metric.

3 independent sources 0 promoted signals inspect the evidence →

Evaluation

How it's evaluated Four independent layers ▾

No single number decides. Layers can disagree — that's the point. New to this? →

Platform score derived
53/100
Founder self-assessment claimed
4/100
Investor ratings opinion
—
Expert ratings opinion
—
Rate this company Investor or expert role required ▾
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Technology No signals collected yet ▾
No technology data yet. This category is part of the record and will populate as evidence is collected or the founder provides it.
Team & hiring No signals collected yet ▾
No team & hiring data yet. This category is part of the record and will populate as evidence is collected or the founder provides it.
Market & funding stage 1 of 3 signals present ▾
Funding stage
not provided
Lifecycle stage
not provided
Latest round stage
unknown observed
Timeline 1 events ▾
  1. 2026-09-16 unknown · $40M · Led by Spark Capital

Evidence & scoring

Why this score? none_required ▾

VentureSignalScore 52.5/100 for rune, composed from 2 of 4 components (emerging formula), discounted ×0.85 for 50% signal coverage

ComponentWeightNormalizedContribution
funding_recency 0.2 0.8842 0.1768
funding_magnitude 0.3 0.4408 0.1322

Evidence this score rests on

Narrative vs. reality No SEC filing found for this round

Reported narrative · Tier 2
$40M unknown
announced 2026-09-16 · source ↗
Filed reality · Tier 0 · SEC
No SEC Form D on record.

An evidence gap, not proof of falsity: Form D is not always required (foreign offerings, certain exemptions) or may not be filed yet.

Financing events four different events, four different dates

A first sale, a filing, an amendment and a public announcement are not the same event, and one date may not stand in for another. Where the latest financing date cannot be established from what we hold, this says unknown rather than substituting a date we do have.

Latest established financing date
2026-09-16
Money moved on or after
2026-09-16
Total reported by
not established
Basis
reported round

A reported round dated 2026-09-16 by its own source.

Counterparty exposure shared-investor contagion

Companies coupled to this one by a shared investor — if a common backer pulls back or a fund hits trouble, the shock propagates across the set. More shared investors = tighter coupling.

Baseten 1 shared spark-capital
Raw observations 204 records ▾
AttributeValueKindSourceObservedStateConf.
buyer_fit.assessment {"buyer": "seed/Series-A sourcing", "method": "Backlog pass 2026-10-24: applied the record_buyer_fit.ts fit rule to this company's held primary-source financing evidence (funding.round.* / sec.form_d. observed assessment 2026-10-24 normalized 0.90
buyer_fit.status unknown observed assessment 2026-10-24 normalized 0.90
common_name Rune observed artifact ↗ 2026-09-28 normalized 0.90
community.hn.max_points 471 observed artifact ↗ 2026-09-30 superseded 0.20
community.hn.max_points 0 observed artifact ↗ 2026-10-08 normalized 0.20
community.hn.mentions 50 observed artifact ↗ 2026-09-30 superseded 0.20
community.hn.mentions 0 observed artifact ↗ 2026-10-08 normalized 0.20
community.hn.rumors [{"url": "https://news.ycombinator.com/item?id=28445730", "title": "Runelite HD has been shutdown by Jagex right before release", "points": 4, "created_at": "2021-09-07", "evidence_type": "rumor", "ve observed artifact ↗ 2021-09-07 superseded 0.20
community.hn.rumors [] observed artifact ↗ 2026-10-08 normalized 0.20
community.hn.top_story {"url": "https://news.ycombinator.com/item?id=37584224", "title": "Svelte 5: Runes", "points": 471, "created_at": "2023-09-20"} observed artifact ↗ 2023-09-20 superseded 0.20
community.hn.top_story {} observed artifact ↗ 2026-10-08 normalized 0.20
funding.round.amount_usd 40000000 observed artifact ↗ 2026-09-16 normalized 0.90
funding.round.announced_on 2026-09-16 observed artifact ↗ 2026-09-16 normalized 0.90
funding.round.lead_investors ["Spark Capital"] observed artifact ↗ 2026-09-16 normalized 0.90
funding.round.source_url https://siliconangle.com/2026/09/16/rune-raises-40m-for-its-modular-solar-powered-data-centers/ observed artifact ↗ 2026-09-16 normalized 0.90
funding.round.stage unknown observed artifact ↗ 2026-09-16 normalized 0.90
metric.venture.funding_amount_usd 40000000 derived calc 2026-09-28 derived 0.90
metric.venture.funding_recency_days 12.9753 derived calc 2026-09-28 superseded 0.90
metric.venture.funding_recency_days 14.6507 derived calc 2026-09-30 superseded 0.90
metric.venture.funding_recency_days 14.7066 derived calc 2026-09-30 superseded 0.90
metric.venture.funding_recency_days 15.3434 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.3827 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.4732 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.6275 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.7185 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 15.7855 derived calc 2026-10-01 superseded 0.90
metric.venture.funding_recency_days 22.8891 derived calc 2026-10-08 superseded 0.90
metric.venture.funding_recency_days 23.3095 derived calc 2026-10-09 superseded 0.90
metric.venture.funding_recency_days 23.5594 derived calc 2026-10-09 superseded 0.90
metric.venture.funding_recency_days 23.8509 derived calc 2026-10-09 superseded 0.90
metric.venture.funding_recency_days 23.9514 derived calc 2026-10-09 superseded 0.90
metric.venture.funding_recency_days 24.0382 derived calc 2026-10-10 superseded 0.90
metric.venture.funding_recency_days 24.1263 derived calc 2026-10-10 superseded 0.90
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metric.venture.funding_recency_days 24.8338 derived calc 2026-10-10 superseded 0.90
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metric.venture.funding_recency_days 25.0212 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.1081 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.1086 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.1398 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.2216 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.3224 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.3781 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.4184 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.5077 derived calc 2026-10-11 superseded 0.90
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metric.venture.funding_recency_days 25.687 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 25.7772 derived calc 2026-10-11 superseded 0.90
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metric.venture.funding_recency_days 25.9585 derived calc 2026-10-11 superseded 0.90
metric.venture.funding_recency_days 26.0402 derived calc 2026-10-12 superseded 0.90
metric.venture.funding_recency_days 26.093 derived calc 2026-10-12 superseded 0.90
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metric.venture.funding_recency_days 26.9924 derived calc 2026-10-12 superseded 0.90
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metric.venture.funding_recency_days 32.7058 derived calc 2026-10-18 superseded 0.90
metric.venture.funding_recency_days 33.0955 derived calc 2026-10-19 superseded 0.90
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metric.venture.funding_recency_days 36.0356 derived calc 2026-10-22 superseded 0.90
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metric.venture.funding_recency_days 36.2338 derived calc 2026-10-22 superseded 0.90
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metric.venture.funding_recency_days 36.4347 derived calc 2026-10-22 superseded 0.90
metric.venture.funding_recency_days 36.5519 derived calc 2026-10-22 superseded 0.90
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metric.venture.funding_recency_days 36.751 derived calc 2026-10-22 superseded 0.90
metric.venture.funding_recency_days 36.8544 derived calc 2026-10-22 superseded 0.90
metric.venture.funding_recency_days 36.9546 derived calc 2026-10-22 superseded 0.90
metric.venture.funding_recency_days 37.0539 derived calc 2026-10-23 superseded 0.90
metric.venture.funding_recency_days 37.1536 derived calc 2026-10-23 superseded 0.90
metric.venture.funding_recency_days 37.2539 derived calc 2026-10-23 superseded 0.90
metric.venture.funding_recency_days 37.3733 derived calc 2026-10-23 superseded 0.90
metric.venture.funding_recency_days 37.4736 derived calc 2026-10-23 superseded 0.90
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metric.venture.funding_recency_days 37.8139 derived calc 2026-10-23 superseded 0.90
metric.venture.funding_recency_days 37.8802 derived calc 2026-10-23 superseded 0.90
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score.venture_signal 55.3 derived calc 2026-09-28 superseded 0.60
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score.venture_signal 55 derived calc 2026-10-01 superseded 0.60
score.venture_signal 54.3 derived calc 2026-10-08 superseded 0.60
score.venture_signal 54.2 derived calc 2026-10-10 superseded 0.60
score.venture_signal 54.1 derived calc 2026-10-11 superseded 0.60
score.venture_signal 54 derived calc 2026-10-12 superseded 0.60
score.venture_signal 53.9 derived calc 2026-10-13 superseded 0.60
score.venture_signal 53.8 derived calc 2026-10-14 superseded 0.60
score.venture_signal 53.7 derived calc 2026-10-15 superseded 0.60
score.venture_signal 53.6 derived calc 2026-10-16 superseded 0.60
score.venture_signal 53.5 derived calc 2026-10-18 superseded 0.60
score.venture_signal 53.4 derived calc 2026-10-18 superseded 0.60
score.venture_signal 53.3 derived calc 2026-10-19 superseded 0.60
score.venture_signal 53.2 derived calc 2026-10-20 superseded 0.60
score.venture_signal 53.1 derived calc 2026-10-21 superseded 0.60
score.venture_signal 53 derived calc 2026-10-22 superseded 0.60
score.venture_signal 52.9 derived calc 2026-10-24 superseded 0.60
score.venture_signal 52.8 derived calc 2026-10-24 superseded 0.60
score.venture_signal 52.7 derived calc 2026-10-26 superseded 0.60
score.venture_signal 52.6 derived calc 2026-10-27 superseded 0.60
score.venture_signal 52.5 derived calc 2026-10-28 derived 0.60
sector emerging derived calc 2026-10-01 normalized 0.50