Runway
AI video and world-model lab plus Hollywood production studio; Lionsgate, AMC Networks, and Disney are anchor customers
SectorsAI Software
Market Metrics
Valuation (Feb 2026 Series E)
$5.3B
+77% from $3B (Apr 2025)
Annualized Revenue (Q2 2025)
~$300M+
Per The Information; up from ~$84M ARR end-2024
Major-Studio Deals
Lionsgate + AMC + Disney pilot
Only AI-video vendor with multiple Hollywood studio deals signed
Model Family
Gen 4.5 + Aleph + World Models
Pivoting from video generation to general world models
Updated at 2026-Q1
Funding History
Total raised: ~$850M+ · Latest valuation: $5.3B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Seed | 2018 | $2M | - | Lux Capital |
| Series A | 2020 | $8.5M | - | Amplify Partners (lead)Lux CapitalCompound |
| Series B | Dec 2021 | $35M | - | Felicis Ventures (lead)CoatueLux CapitalMadrona Venture Group |
| Series C | Jun 2023 | $141M | $1.5B | Google (lead)NVIDIASalesforceNat Friedman+2 more |
| Series D | Apr 2025 | $308M | $3B | General Atlantic (lead)FidelityBaillie GiffordSoftBank+1 more |
| Series E | Feb 2026 | $315M | $5.3B | General Atlantic (lead)NVIDIAFidelityAllianceBernstein+5 more |
Updated at 2026-Q1
Product Specifications
| Product | Type | Status |
|---|---|---|
| Gen 4.5 | Latest video model (native audio, long-form multi-shot, editing) | GA (early 2026) |
| Gen-4 | Video model with character + scene consistency | GA (Mar 2025) |
| Aleph | Long-form (60+ sec) coherent video | GA (Jul 2025) |
| World Models | General-purpose simulation models beyond video | Released (Dec 2025) |
| Act-One | Performance capture for AI characters | GA |
| Frames | High-fidelity image generation tuned for film aesthetics | GA |
| Runway API | Developer API for video generation | GA |
| Runway Studios | In-house film production division | GA (Q4 2025) |
Updated at 2026-Q1
Partnerships & Investors
LionsgateAnchor Studio Customer
Sep 2024 exclusive: Lionsgate-trained custom Runway model across the studio's catalog; first major-studio AI partnership in Hollywood.
AMC NetworksStudio Customer
May 2025 multi-year deployment across marketing + production workflows.
DisneyPilot Customer
Confirmed Disney is piloting Runway for select internal projects (per Bloomberg, Aug 2025).
AdobeInvestor
Adobe Ventures joined the Feb 2026 Series E.
GoogleInvestor
Series C lead investor (Jun 2023); compute partnership on GCP.
NVIDIAInvestor / Supplier
Series C, D, and E investor; primary GPU supplier for model training and inference.
General AtlanticInvestor
Series D and E lead investor; late-stage growth signal.
Updated at 2026-Q1
Key Milestones
2018
Company Founded
Cristóbal Valenzuela, Anastasis Germanidis, Alejandro Matamala launch Runway out of NYU ITP
Feb 2023
Gen-1 Released
First commercial video-to-video AI model; viral demos drive mass-market awareness
Jun 2023
Gen-2 + Series C at $1.5B
First text-to-video commercial model; Google leads $141M round
May 2024
Gen-3 Alpha
Frontier-grade text-to-video; positions Runway atop the Sora competitive race
Sep 2024
Lionsgate Partnership
Exclusive deal: Lionsgate-trained custom Runway model for use across the studio's library; first major-studio AI partnership
Mar 2025
Gen-4
Industry-leading character + scene consistency; Hollywood-grade quality
Apr 2025
Series D at $3B
$308M from General Atlantic with Fidelity + Baillie Gifford + SoftBank
Jul 2025
Aleph Released
Runway's first long-form (60+ second) coherent video model; targets full-scene Hollywood use cases
Dec 2025
First World Model
Releases its first world model; reframes Runway from video generation toward general-purpose simulation
Feb 2026
Series E at $5.3B + Gen 4.5
$315M led by General Atlantic to pre-train next-gen world models; Gen 4.5 adds native audio, long-form multi-shot generation, and editing tools
Updated at 2026-Q1