The New York based startup saw an increase in enterprise adoption for its video generation tools over the last two quarters. Annual recurring revenue reached $200 million in September, doubling from roughly $100 million since April. Dolce & Gabbana and Palo Alto Networks joined the company's customer list, and Runway targets more than $350 million in ARR by the end of 2026.

The company recently acquired Paris based AI startup Kinetix to broaden its offerings. Beyond video, the startup is expanding into computer use agents, robotics and world models to increase the utility of its tool ecosystem.