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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
Social
X
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
Ranked
Employee Count
79 as on Mar 31, 2026
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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
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Runway's founders and board of directors

Founder? Claim Profile
The founders of Runway are Siqi Chen and Arya Asemanfar. Siqi Chen is the CEO of Runway.
Here are the details of Runway's key team members:

Runway's employee count trend

Runway has 79 employees as of Mar 26. Here is Runway's employee count trend over the years:
Employee count trend for Runway
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Anaplan
Anaplan
2006, San Francisco (United States), Acquired
Provider of cloud-based platform for scenario planning, analysis, and reporting
$300M
77/100
2nd
Logo for Vena Marketing
Vena Marketing
2011, Toronto (Canada), Series C
Provider of financial planning and analysis platform for business performance
$385M
72/100
3rd
Logo for DataRails
DataRails
2015, Rishon Lezion (Israel), Series C
Cloud-based financial planning and analytics solutions for businesses
$175M
70/100
4th
Logo for Pigment
Pigment
2019, Paris (France), Series D
Business planning and project management platform for businesses
$397M
68/100
5th
Logo for Kontist
Kontist
2016, Berlin (Germany), Acquired
Digital bank for freelancers and self-employed
$46.7M
67/100
6th
Logo for Banyan
Banyan
2013, Holmdel (United States), Acquired
Provider of a platform for receipt data to power commerce innovation
$54.5M
67/100
7th
Logo for Planful
Planful
2000, Redwood City (United States), Acquired
Cloud-based financial planning & advisory solutions for businesses
$71.6M
64/100
8th
Logo for Forecastr
Forecastr
2018, Louisville (United States), Series A
Financial forecasting and management solutions for businesses
$12.2M
63/100
9th
Provider of AI-based claims management software for healthcare professionals
$17.6M
62/100
10th
Logo for Tanso
Tanso
2020, Munich (Germany), Series A
Provider of sustainability software for CO2 accounting and CSRD reporting
$22.9M
62/100
24th
Logo for Runway
Runway
2020, Los Angeles (United States), Series A
Online financial planning and management services for businesses
$33.5M
54/100
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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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FAQs about Runway

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