Business & Finance
Runable raises $21 million in Series A funding at $65 million valuation
The Bengaluru-based startup plans to use the capital to expand its AI agent beyond digital creation into business growth and marketing automation.
The short version
- Runable secured $21 million in an all-equity Series A round co-led by Susquehanna Venture Capital and Nexus Venture Partners, valuing the startup at $65 million post-investment.
- The startup operates an AI agent designed to help nontechnical small business owners build products and manage marketing, ad campaigns, and search optimization.
- Runable faces negative gross margins due to subsidizing AI usage for users, but expects declining model inference costs to improve its unit economics.
Key facts
- Runable raised $21 million in an all-equity Series A round co-led by Susquehanna Venture Capital and Nexus Venture Partners, with participation from Together Fund and Array VC.[TechCrunch]
- The funding round placed a $65 million post-investment valuation on the Bengaluru-based company.[TechCrunch]
- Runable was founded in 2025 by Umesh Kumar and Saksham Sarda and employs a 15-person team.[TechCrunch]
- According to CEO Umesh Kumar, the platform has approximately 1.7 million registered users, with its primary markets in the U.S., UK, and Japan.[TechCrunch]
- Users consumed over 1 trillion tokens on the platform during the 90 days preceding the funding, with 60% to 70% of that usage originating from paying customers.[TechCrunch]
- The company currently operates with negative gross margins as a result of subsidizing AI usage costs for customers.[TechCrunch]
What remains uncertain
- Runable declined to reveal its specific advertising partners that enable it to execute ChatGPT ad campaigns without direct user accounts.[TechCrunch]
- Runable declined to disclose its current revenue and total number of paying customers.[TechCrunch]