Runware Raises $50M Series A To Expand Unified AI Platform

Runware provides infrastructure that enables enterprises to integrate AI into media-creation workflows, serving customers such as Wix, Together.ai, ImagineArt, Quora, and Higgsfield.

The company targets three major challenges in the media AI ecosystem complex model access, latency issues, and high, inefficient scaling costs. It solves these by unifying AI models behind a single API and building high-performance AI inference hardware and software to reduce both capex and opex. Its Sonic Inference Engine is designed to offer GPU-level performance at a fraction of the cost.

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Co-founder Ioana Hreninciuc said that bringing AI capabilities to millions of users is now a priority for product teams, but remains technically difficult and expensive, which Runware aims to simplify and scale.

We give clients the best price and developer experience in a single API, so they can roll out any new model in minutes without integrating dozens of providers, managing RPMs, or negotiating huge commitments. Through our API, they offer unlimited AI features to end-users, and we see them hit repeated growth peaks as a result.

Runware, which operates from London and San Francisco, plans to use the Series A funding to advance its “one API for all AI” platform, enhance the capabilities of its Sonic Inference Engine, and continue expanding its team.

About Runware

Runware provides a high-performance cloud platform that enables developers to build and deploy applications faster and more cost-effectively. Founded in 2023 in San Francisco it supports over 100K developers and 250M users worldwide. Backed by Insight Partners and a16z, Runware focuses on scalable, efficient and affordable solutions.