Runway, a privately owned company founded in 2018 and headquartered in the US, employs approximately 130 people. Its primary business is the production and post-production of video editing software utilizing machine learning. In 2023, the company reported revenues under $25 million. Runway describes its mission as developing applied AI research to support artistic and creative endeavors.
Runway released Gen-3, a video-generating AI model trained using videos from 3967 YouTube channels, in 2024. In 2025, Runway achieved breakthroughs in advanced world models, addressing the consistency problem in AI video generation with its Gen-4 model. This allows for the creation of visually coherent content across different conditions using a single reference image. The company also expanded into robotics and autonomous vehicle training following interest from relevant firms.
Runway offers products in the enterprise tech and media tech industries. Runway's product portfolio comprises of production and post production and generative AI.
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Runway's revenues were less than $25M in 2023. Caretta Research has split Runway's revenue into 3 different product categories, the largest of which is aI content generation. For full access to Runway's revenue breakdown subscribe to Caretta Portal.
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