Runway, also known as Runway AI, Inc. or RunwayML, is an American company founded in 2018 that specializes in generative artificial intelligence tools for video, image, and multimedia content creation. Headquartered in Brooklyn, New York, with additional offices in San Francisco, Seattle, London, and Tel Aviv, Runway has a team of around 86-87 employees working remotely. The company has raised over $284.5 million in funding, achieving a valuation of $1.5 billion.
Runway offers a web-based, collaborative AI creative platform that features intuitive, no-code tools for content generation and editing. Its key products include generative video models like Gen-1, Gen-2, and Gen-3 Alpha, as well as image and multimedia tools for editing and creating photorealistic images. The platform is designed to streamline workflows for artists, filmmakers, and content creators, particularly in the media, entertainment, and advertising industries. Runway's mission focuses on democratizing professional video editing and generation through innovative AI solutions.