Funding round
Runway Seed
Runway, which works in financial modeling platform development in San Francisco, raised $2.0M in a Seed round announced on 1 Jan 2018. 15 firms took part. It is Runway's first venture round on record.
$2.0M
Amount raised
Not disclosed
Post-money valuation
15
Investors
no lead named
Valuation
What this round says about the price
Runway did not disclose a valuation in this round. It is Runway's first venture round on record, 11 years after it was founded in 2007. It is under 1% of the $810M Runway has raised in the venture rounds on record. Runway raised again 35 months later: a Series A round of $8.5M in Dec 2020. Its next priced round, a Series C in Jun 2023, valued it at $1.50B.
Runway's funding rounds
Runway has 6 venture rounds on record. This one is highlighted.
- Seed this round 1 Jan 2018 $2.0M
- Series A 16 Dec 2020, led by Amplify Partners $8.5M
- Series B 15 Dec 2021, led by Coatue $35M
- Series C 29 Jun 2023, led by GV $141M$1.50B post-money
- Series D 3 Apr 2025, led by General Atlantic $308M$3.00B post-money
- Series E 10 Feb 2026, led by General Atlantic $315M$5.30B post-money
Investors
Who put money in
15 firms took part; no lead investor was named.
Investors
- General Atlantic backs 134 venture-backed companies new investor
- Fidelity Investments new investor
- Baillie Gifford new investor
- SoftBank Group new investor
- NVIDIA new investor
- GV backs 428 venture-backed companies new investor
- backs 115 venture-backed companies new investor
- Salesforce Ventures backs 314 venture-backed companies new investor
- Rogue Venture Partners new investor
- Felicis backs 237 venture-backed companies new investor
- Amplify Partners new investor
- Lux Capital backs 194 venture-backed companies new investor
- Coatue backs 229 venture-backed companies new investor
- backs 142 venture-backed companies new investor
- backs 32 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
673 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.0M, and this round was close to the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 16 Jan 2018 | $30M | not disclosed | Danish Growth Fund |
| Tech Companies | 1 Jan 2018 | $17M | not disclosed | not named |
| Tech Companies | 17 Jan 2018 | $5.7M | not disclosed | Goodwater Capital |
| Tech Companies | 30 Jan 2018 | $5.5M | not disclosed | not named |
| Tech Companies | 1 Jan 2018 | $5.0M | not disclosed | not named |
| Tech Companies | 25 Jan 2018 | $4.7M | not disclosed | not named |
| Tech Companies | 1 Jan 2018 | $4.6M | $31M | not named |
| Tech Companies | 25 Jan 2018 | $4.5M | not disclosed | Ignition Partners |
Questions
Frequently asked
How much did Runway raise in its Seed round?
Runway raised $2.0M in its Seed round, announced in Jan 2018.
Which investors took part in Runway's Seed round?
General Atlantic, Fidelity Investments, Baillie Gifford, SoftBank Group, NVIDIA and GV and 9 more.
What was Runway's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
673 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.0M, and this round was close to the median.
Did Runway raise again after this round?
Yes: a Series A round in Dec 2020 of $8.5M.