Runway

Runway (Runway ML) is a New York-based AI creative platform founded in 2018 by Chileans Cristóbal Valenzuela and Alejandro Matamala, and Greek Anastasis Germanidis at NYU Tisch School of the Arts ITP. The company achieved $300 million revenue serving 300K+ customers in 2025, reaching a $3 billion valuation (September 2025) after raising $544 million over 6 funding rounds—including a $308 million Series D (April 2025) and $141 million Series C extension (June 2023) from Google, Nvidia, and Salesforce at $1.5 billion valuation. Runway employs 120-300+ people and pioneered generative AI video creation alongside AI image generation. Gen-3 Alpha represents the first of an upcoming series trained on new infrastructure built for large-scale multimodal training, offering major improvements in fidelity, consistency, and motion over Gen-2. In March 2025, Runway released Gen-4—described as their most advanced video-generating model to date. July 2025 saw the release of Aleph, adding edit capabilities on input videos. Runway's platform combines 30+ AI-powered creative tools including text-to-video, image-to-video, video editing, motion tracking, green screen removal, and frame interpolation. The company serves professional creatives, filmmakers, designers, and marketers seeking production-grade generative AI tools.