
Startup
Runway
Financial planning platform designed so the whole company can read and use the model, not only finance: forecasting, scenario planning and reporting with a visual, explainable approach, founded by former Sandbox VR CEO Siqi Chen.
| Founded | 2020, San Francisco Bay Area |
|---|---|
| Founders | Siqi Chen (CEO and CFO) |
| Stage | Series A |
| Total funding | $33.5m |
| Last round | Series A, $27.5m, July 2023, led by Initialized Capital with angels Elad Gil and Jason Tan |
| Earlier rounds | Seed $5m led by Andreessen Horowitz |
| What it does | Connected financial models with plain-language formulas, drivers and scenarios, live data from accounting, payroll and CRM, and shareable plans and dashboards for operators outside finance |
| Traction | Growth-stage technology companies; known for its design and for publishing its own financial model |
| Pricing | Not published |
| Markets | US |
| Peers | Aleph, Mosaic, Abacum, Causal, Cube |
Why it matters
Runway raised $33.5 million from a16z and Initialized on the idea that financial planning fails because only finance can read the model. It has not raised since 2023, and its design-led approach is now being copied by the better-funded FP&A tools around it.
Updated September 2026.
Part of Accountio’s accounting technology coverage.
