# Runway

**Source:** https://www.startuphub.ai/startups/runway
**Profile type:** Startup

> Runway is a global AI research and technology company building foundational AI models and tools to create multimodal simulators of the world, empowering anyone to make anything.

## About

Runway is a global AI research and technology company focused on building foundational AI research models and tools to create multimodal simulators of the world, pioneering general-purpose multimodal simulators. They are building Universal Simulation systems that are rapidly becoming the foundation for how people will approach making anything, from images and videos to scripted media, graphic design, and interactive games. Their goal is to empower everyone to create anything, removing barriers to entry in art, entertainment, and human creativity. The company also has an entertainment and production arm, Runway Studios, dedicated to producing and funding various media.

## Key facts

- **Slug:** runway
- **Website:** https://runway.com
- **Founded:** 2018-01-01 00:00:00
- **Employees:** 408
- **Operating status:** Active
- **Total funding:** $315M
- **Sectors / tags:** Artificial Intelligence, Generative AI, Video Generation, Creative Tools, AI Video, Content Creation, Visual AI, Text to Video, Planning and Analysis, AI Creative Tools
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/runwayml

## Frequently asked

### What does Runway do?

Runway is a global AI research and technology company focused on building foundational AI research models and tools to create multimodal simulators of the world, pioneering general-purpose multimodal simulators. They are building Universal Simulation systems that are rapidly becoming the foundation for how people will approach making anything, from images and videos to scripted media, graphic design, and interactive games. Their goal is to empower everyone to create anything, removing barriers t…

### What is Runway's revenue?

StartupHub estimates Runway's annual revenue at $99.5M (range $54.8M to $156.8M, 65% confidence), based on comparable companies in the sector.

### What is Runway's valuation?

StartupHub estimates Runway's effective valuation at $5.4B (range $3.8B to $7.1B, 40% confidence), based on comparable companies in the sector.

### How much funding has Runway raised?

Runway has raised a total of $315M in funding. The most recent round on record is Series E.

### When was Runway founded?

Runway was founded in 2018.

### What industry does Runway operate in?

Runway operates in Artificial Intelligence, Generative AI, Video Generation, Creative Tools, AI Video, Content Creation.

### How many employees does Runway have?

Runway has approximately 408 people on record.

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