What changed· 2026-05-31
Runway has secured $150 million in Series C funding led by Insight Partners, valuing the company at over $1 billion.
Runway is a leading AI company focused on empowering creators with advanced generative models. Founded in 2018 by Cristobal Valenzuela and a team of AI researchers, Runway has quickly become a go-to platform for artists, designers, and content creators looking to leverage the power of machine learning. The company's flagship product, Gen-1, was launched in 2020 and revolutionized how creators generate high-quality visual content with minimal effort.
Gen-1
AI-powered video editing and generation tool.
Paid
Gen-2
Advanced version of Gen-1 with enhanced capabilities.
Paid
Clipdrop
AI-driven image and video editing platform.
Free / Paid
Runway places a strong emphasis on ethical AI development and user safety. The company has implemented robust guidelines to ensure that its tools are not misused for harmful purposes. Runway collaborates with experts in the field to stay at the forefront of responsible AI practices.
2018-04
Company Founded
Runway is founded by Cristobal Valenzuela and a team of AI researchers.
2020-06
Gen-1 Launch
Launch of Gen-1, Runway's first commercial product for creative professionals.
2023-02
Gen-2 Release
Release of Gen-2 with significant improvements in performance and features.
Quick facts
Founded
2018
HQ
New York City, USA
Structure
Private
Valuation
$1B as of 2023
CEO
Cristobal Valenzuela
Key Products
Gen-1, Gen-2, Clipdrop
Topics
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