Runway Raises $2.1M to Scale Autopilot for Mobile App Releases, Opens to Public

November 16, 2021 at 12:22 PM EST

Runway, a SaaS platform that makes it easy for mobile app development teams to track, automate, and collaborate on their releases, announces today that it has raised $2.1 million in new capital led by Bedrock Capital, with participation from Chapter One, Array Ventures, and Breakpoint Capital. Runway is also now launching out of its private “early access” program to allow anyone to sign up for the service.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211116006187/en/

Introducing Runway — Coordinate and automate your team's mobile app releases. (Photo: Business Wire)

Runway is a first-of-its-kind tool that helps mobile app teams make their releases more streamlined and collaborative, alleviating much of the friction and wasted time that’s currently an unavoidable part of the process. Teams connect Runway to their existing tools (e.g. GitHub, Jira, CI/CD, crash reporting, app stores), and the Runway platform provides a unified interface with a live timeline of the progress of their release, handles communication of status and blockers to the team, and automates key manual tasks throughout the process. Over the course of the early access program, Runway has already helped teams release 700+ app updates and counting, at customers like Kickstarter, ClassPass, Capsule, Gusto and Brex.

Co-founders Gabriel Savit, Isabel Barrera, Dave Filion and Matt Varghese first met nearly 10 years ago, working together on the team that created Rent the Runway’s first mobile app. Since then, they’ve stayed within the mobile world, working at other industry-leading companies, at agencies, and at other startups of their own. Runway’s founding in mid-2020 was the culmination of the team’s collective realization that there was an opportunity to more fundamentally and fully improve the mobile release process; to streamline and automate far beyond the reaches of traditional CI/CD setups, and to foster meaningful collaboration, de-risk development, and empower teams to spend their time building product features instead of micro-managing releases.

Mobile app releases have been a huge point of friction for teams. To date, release management has been an exercise of context-switching between browser tabs to check on statuses of all the critical third-party tools involved; waiting for long-running jobs or steps to finish; chasing people down across distributed, multidisciplinary teams to coordinate tasks in sequence; and maintaining unwieldy checklists in a massive spreadsheet, in an attempt to keep tabs on all of these moving pieces. The net effect of this fragile operation is regular delays in the development lifecycle and, ultimately, an inability to release product improvements and bug fixes in an efficient, seamless way. As many companies move towards more frequent release cycles, the overhead and negative impact on the business multiply.

“My co-founders and I witnessed firsthand how mobile app releases are exercises in herding cats — in fact, we were among the cats! There’s a lot of moving pieces and a lot of fragmentation across tools. With Runway, we’re building the glue, the connective tissue that will allow teams to focus on the fun stuff, on building great product, and take the burden of release management off their plates,” said Gabriel Savit, Runway’s co-founder and CEO.

“With Runway, there’s less confusion and we visibly spend less time on releases. Our engineers tell me their load during sprints in the release manager role has shrunk,” said Sanjay Thakur, Mobile Lead at ClassPass.

“Gabriel and the Runway team have built and scaled mobile products within several industry-leading companies. With Runway, they are bringing category-defining mobile release management to companies of all sizes. The early traction is strong, and we are thrilled to partner with them as they empower teams to launch more, faster,” said Eric Stromberg, founder and managing partner at Bedrock Capital.

Runway will use the new capital to accelerate product development towards their ambitious, expansive overall vision for better mobile releases. The founding team will also make key hires to expand its engineering capabilities and product marketing efforts.

To learn more about Runway and try out the service, visit runway.team to sign up for a free trial.

About Runway

Runway is a first-of-its-kind platform that helps mobile app teams track, automate, and collaborate on their releases. The platform integrates across teams’ existing third-party tools to create a single source of truth for understanding the progress of a release, enable end-to-end automations that take over manual tasks and put release trains on autopilot, and proactively communicate status and blockers to the team. Runway was founded in mid-2020 by Gabriel Savit, Isabel Barrera, Dave Filion and Matt Varghese and is a remote-first company. Investors include Bedrock Capital, Chapter One, and Array Ventures.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211116006187/en/

We've witnessed firsthand how mobile app releases are exercises in herding cats. With Runway, we’re building the connective tissue that will allow teams to focus on building great product, and take the burden of release management off their plates.

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Gabriel Savit, gabriel@runway.team

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Runway Raises $2.1M to Scale Autopilot for Mobile App Releases, Opens to Public

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