Endurance race company looking to push themselves further with GLOBAL expansion

Runmageddon is currently the largest obstacle course race organizer in Poland. The company organizes about 15 events a year in Poland. Runmaggedon/Facebook

Warsaw-based Runmaggedon is dominating the market in Poland with events taking place across the country. Now they are looking to expand abroad to compete with other obstacle races organized by companies such as Tough Mudder, Spartan Race and Rugged Maniac.

They have started a crowdfunding drive on Beesfund and are offering 2.5 percent of the company to investors until the 12th July.Runmaggedon/Facebook

The company values itself at over 83 million PLN, more than 603 of the 858 companies listed on the WSE and NewConnect market.Runmaggedon/Facebook

Runmageddon predicts that in the future 300,000 to 600,000 competitors will take part in their events each year.Runmaggedon/Facebook

The company has seen an astronomic rise in competitors since their inception in 2014, starting out with 3,500 competitors and having 80,000 in 2018. Runmaggedon/Facebook

Half of the funds raised will be allocated for the acquisition of a company within the EU.Kalbar/TFN

Runmaggedon says they are now ready to take over the world. Runmaggedon/Facebook

Runmageddon are negotiating with 4 competitors within the EU about purchasing them.  The first purchase is expected to be completed in Q1 2020.Runmaggedon/Facebook

The company does not exclude entering the stock exchange if the scale of the company's growth and its potential for foreign development will be large enoughRunmaggedon/Facebook

Jarosław Bieniecki, President of Runmageddon SA. (pictured) says: 'Just a few years ago, obstacle racing was a total sports niche in Poland. Currently, only one and a half times more participants start in Runmageddon than in all marathons in Poland taken together. This shows our scale of growth.'Jakub Kamiński/PAP