Runway

Runway (Runway ML) is a New York-based AI creative platform and world model research company, founded in 2018 by Cristobal Valenzuela, Alejandro Matamala, and Anastasis Germanidis at NYU Tisch School of the Arts ITP. The company raised $315 million in a Series E round in February 2026 at a $5.3 billion valuation — led by General Atlantic with participation from Nvidia, Fidelity Management & Research, AllianceBernstein, Adobe Ventures, AMD Ventures, and Felicis — nearly doubling its prior $3 billion valuation.

Total funding exceeds $860 million. Runway generates $300 million in revenue serving 300,000+ customers across creative, film, advertising, and enterprise sectors.

The company pioneered commercial AI video generation and maintains a significant lead in mid-market adoption, with approximately 70 enterprise customers in reference panels as of early 2026. Gen-4.5, Runways flagship model, delivers text-to-video and image-to-video generation with native audio, long-form multi-shot generation, character consistency across shots, and advanced editing tools — outperforming Google Veo and OpenAI Sora on several benchmarks.

Runway released its first world model in December 2025, positioning the company as building AI systems that simulate physical reality, with applications beyond creative tools: the fresh $315M in funding is earmarked for training the next generation of world models for medicine, climate, energy, and robotics. Runway operates a compute partnership with CoreWeave to support its infrastructure-intensive model training.

Enterprise customers include major Hollywood studios, advertising agencies (The Mill, UNIT9), and Fortune 500 creative teams using Runway for visual effects, brand video production, and AI-powered post-production workflows. Runway Aleph (launched July 2025) enables editing existing videos with AI — replacing frames, extending shots, and applying stylistic transforms without re-generating from scratch.