Runway, a San Francisco-based strategic planning platform, has raised $27.5M in Series A funding to invest in AI and expand its engineering, design, and sales teams. The round was led by Initialized Capital, following a $5M seed round led by Andreessen Horowitz.
Runway Strategic Planning Platform
Founded by Siqi Chen, Runway provides a strategic planning platform that gives teams a clear view of their business, offering an environment for creating financial models, evaluating performance, and aligning teams. The platform integrates data from HR, accounting, data warehouses, and more, providing a single solution for understanding how a business really works, allowing teams to collaborate on strategic plans together.
Runway’s Partnership with Rippling
Runway has also announced a partnership with Rippling, a workforce management platform, to automate headcount planning and sync payroll data. This partnership will enable businesses to streamline their workforce management processes and gain valuable insights into their operations.
The Future of Runway
With this new funding, Runway plans to continue investing in AI and expanding its teams to provide even more value to its customers. By leveraging advanced AI algorithms and machine learning, Runway aims to provide even more personalized and insightful strategic planning solutions to businesses of all sizes.
Join the growing number of businesses that are using Runway’s strategic planning platform to gain a competitive edge and achieve their goals.