Runway AI Inc. reaches $200 million in annual recurring revenue in September, co-CEO Anastasis Germanidis says. The company expects its ARR to exceed $350 million by the end of 2026, while the $200 million milestone underscores growing demand from companies.
Runway launches Media Router, a developer tool that selects image, video, or audio generation models based on priorities for quality, speed, or cost. The tool brings Runway’s internal routing technology to outside developers through Runway Dev, which provides API access to third-party models. Runway says customers including Adobe, Cloudflare, ElevenLabs, Expedia, Shutterstock, and Quora use the platform to integrate media generation into their products.
Runway launches a $10 million venture fund and Builders program to support early-stage AI startups. The fund targets companies working on AI technology, applications built on foundation models, and new forms of media, with checks of up to $500,000 for pre-seed and seed-stage startups. Builders offers eligible startups 500,000 API credits and access to Characters, Runway’s real-time video agent API.
