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Trading / Browse Private Companies / Runway Stock

Runway Stock

runwayml.comEnterprise Software / ProductivityFounded: 2018Funding to Date: $250.1MM

Runway, founded in 2018, is an AI company that offers a suite of creative tools for video and image generation and editing. The company aims to help consumers as well as television and film producers to save time spent editing and creating content through generative AI that is available through a subscription. Runway's tools are designed to complete a variety of tasks ranging from simple photo edits to complete video generation from spoken or written prompts. Runway is headquartered in New York, New York.

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Runway investors also invested in these private companies

Madrona Venture Group
Felicis Ventures
Salesforce Ventures
Lux Capital
Coatue Management
Google
Amplify Partners
Compound
Bienville Capital
NVIDIA
Rogue VC

Team

Management Team

Anastasis Germanidis
Co-Founder, Chief Technology Officer & Executive of Management and Operations
Alejandro Ortiz
Co-Founder & Chief Design Officer
Michelle Kwon
Head of Operations and Finance
Justin Wedes
Co-Chief Executive Officer
Cristóbal Valenzuela
Co-Founder & Co-Chief Executive Officer

Board Members

Caryn Marooney
Coatue Management

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News Highlights

TECH CRUNCH 06/29/2023
Runway, a startup building generative AI for content creators, raises $141M
On the heels of Inflection AI landing a $1.3 billion investment, Runway, a startup building generative AI tools for multimedia content creators, today announced a $141 million extension to its Series C round from Google, Nvidia and Salesforce, among others.
BUSINESS INSIDER 05/04/2023
Generative AI startup Runway just raised $100 million at a $1.5 billion valuation from a cloud service provider
Investors recently told Insider that they were big fans of buzzy photo and video generative AI startup Runway. Now, it looks like they're ready to put their money where their mouth is. Runway has raised a Series D funding round of at least $100 million at a $1.5 billion valuation from a cloud service provider, according to multiple people familiar with the deal.
BUSINESS INSIDER 05/01/2023
How Runway's idea for AI-driven video and photo editing and generation went from a "crazy" concept to a Silicon Valley darling worth half a billion dollars
When Cristóbal Valenzuela began building his generative AI company Runway in 2018, investors, filmmakers, and advertisers told the cofounder that he was crazy. "They were saying, 'why would you want to build AI tools for video and filmmaking?'" he told Insider. "People weren't seeing the value in it."

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Updated on: Sep 23, 2023