Funding round
Runway Series A
Runway, which works in financial modeling platform development in San Francisco, raised $8.5M in a Series A round announced on 16 Dec 2020, led by Amplify Partners. 3 firms took part. It is Runway's second venture round on record; the one before was a Seed in Jan 2018.
$8.5M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Runway did not disclose a valuation in this round. It came 35 months after Runway's Seed. It is 1.1% of the $810M Runway has raised in the venture rounds on record. Runway raised again 12 months later: a Series B round of $35M in Dec 2021. 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 1 Jan 2018 $2.0M
- Series A this round 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
Amplify Partners led the round with 2 other firms.
Lead investor
- Amplify Partners new investor
Also in the round
- Lux Capital backs 194 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
1,461 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $11M, and this round was 77% of the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 9 Dec 2020 | $100M | not disclosed | Index Ventures and Sequoia Capital |
| Tech Companies | 20 Dec 2020 | $50M | not disclosed | not named |
| Tech Companies | 14 Dec 2020 | $40M | not disclosed | not named |
| Tech Companies | 9 Dec 2020 | $34M | not disclosed | Sequoia Capital and Two Bear Capital |
| Tech Companies | 3 Dec 2020 | $26M | not disclosed | Blossom Capital |
| Tech Companies | 15 Dec 2020 | $25M | not disclosed | Lightspeed Venture Partners |
| Tech Companies | 10 Dec 2020 | $23M | not disclosed | Radian Capital |
| Tech Companies | 15 Dec 2020 | $21M | not disclosed | Accel |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Runway raise in its Series A round?
Runway raised $8.5M in its Series A round, announced in Dec 2020.
Who led Runway's Series A round?
Amplify Partners led it, with Lux Capital and Compound.
What was Runway's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,461 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $11M, and this round was 77% of the median.
Did Runway raise again after this round?
Yes: a Series B round in Dec 2021 of $35M.