Runway - About the company
Runway is a series A company based in Los Angeles (United States), founded in 2020 by Siqi Chen and Arya Asemanfar. It operates as an Online financial planning and management services for businesses. Runway has raised $33.5M in funding from investors like Andreessen Horowitz, Initialized Capital and Hyphen Capital. The company has 790 active competitors, including 125 funded and 46 that have exited. Its top competitors include companies like Anaplan, Vena Marketing and DataRails.
Company Details
Online financial planning and management services for businesses. It provides cloud-based online services for managing business finance, budgeting, cash flow forecasting, analysis of a company's financial data, financial modeling, accounting, scenario planning, and invoice data management.
- Website
- runway.com
- Email ID
- *****@runway.com
- Registered Address
- 440 N Barranca Ave #7699, Covina, CA 91723, US
Key Metrics
Founded Year
2020
Location
Los Angeles, United States
Stage
Series A
Total Funding
$33.5M in 2 rounds
Latest Funding Round
Investors
Ranked
24th among 790 active competitors
Employee Count
79 as on Mar 31, 2026
Legal entities associated with Runway
Runway is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Runway Financial, Inc. CIN: 20211186527 , United States, Active | Mar 01, 2021 | - | - | - |
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Runway's funding and investors
Runway has raised a total funding of $33.5M over 2 rounds. Its first funding round was on Mar 11, 2021. Its latest funding round was a Series A round on Jul 17, 2023 for $*****. 2 investors participated in its latest round. Runway has 12 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Runway:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 17, 2023 | 4749165 | Series A | 3743508 | 5252754 | 1675847 | 6515319 |
Mar 11, 2021 | 1159177 | Seed | 9690788 | 6232334 |
View details of Runway's funding rounds and investors
Runway's founders and board of directors
Founder? Claim ProfileHere are the details of Runway's key team members:
- Siqi Chen: Co-Founder & CEO & CFO of Runway. They are also an angel investor in 18 startups.
- Arya Asemanfar: Co-founder of Runway. They are also an angel investor in 1 startup.
View details of Runway's Founder profiles and Board Members
Runway's employee count trend
Runway has 79 employees as of Mar 26. Here is Runway's employee count trend over the years:
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Runway's Competitors and alternates
Top competitors of Runway include Anaplan, Vena Marketing and DataRails. Here is the list of Top 10 competitors of Runway, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Anaplan 2006, San Francisco (United States), Acquired | Provider of cloud-based platform for scenario planning, analysis, and reporting | $300M | 77/100 | |
2nd | Vena Marketing 2011, Toronto (Canada), Series C | Provider of financial planning and analysis platform for business performance | $385M | 72/100 | |
3rd | Cloud-based financial planning and analytics solutions for businesses | $175M | 70/100 | ||
4th | Business planning and project management platform for businesses | $397M | 68/100 | ||
5th | Digital bank for freelancers and self-employed | $46.7M | 67/100 | ||
6th | Banyan 2013, Holmdel (United States), Acquired | Provider of a platform for receipt data to power commerce innovation | $54.5M | 67/100 | |
7th | Planful 2000, Redwood City (United States), Acquired | Cloud-based financial planning & advisory solutions for businesses | $71.6M | 64/100 | |
8th | Forecastr 2018, Louisville (United States), Series A | Financial forecasting and management solutions for businesses | $12.2M | 63/100 | |
9th | Klaim AI 2020, United Arab Emirates, Series A | Provider of AI-based claims management software for healthcare professionals | $17.6M | 62/100 | |
10th | Provider of sustainability software for CO2 accounting and CSRD reporting | $22.9M | 62/100 | ||
24th | Runway 2020, Los Angeles (United States), Series A | Online financial planning and management services for businesses | $33.5M | 54/100 |
Looking for more details on Runway's competitors? Click here to see the top ones
Runway's Investments and acquisitions
Runway has made no investments or acquisitions yet.
Reports related to Runway
Here is the latest report on Runway's sector:
News related to Runway
Media has covered Runway for 1 event in last 1 year, It was about partnerships.
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CoreWeave Announces Agreement to Power Runway’s Next Generation AI Video ModelsBusiness Wire•Dec 11, 2025•Runway, CoreWeave, Adobe, Runway
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Runway Launches First Ambient Intelligence Platform for Finance TeamsPR Newswire•Sep 07, 2024•Runway
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Runway Finance enhances financial planning and budgeting with generative AISiliconAngle•Jul 09, 2024•Runway
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Runway Raises $27.5M in Series A FundingFinSMEs•Jul 18, 2023•Runway, Andreessen Horowitz, Initialized Capital
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