Runway Venture Partners
41 East 11th Street, 11th Floor, New York City, NY, 10003, United States
Overview
New York City-based early stage venture capital firm focused on investing in post product-market fit software-enabled businesses.
- Total investments
- 5
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 2
Investment portfolio
- Logiwa
Participated · Series B · Jul 2022
Logiwa offers a cloud-based DTC fulfillment platform and integrated WMS and order fulfillment system designed to run digital warehouses for high-volume DTC brands, wholesalers, and 3PLs. Its platform can increase warehouse order processing capacity by more than 200% and labor efficiency by more than 40%. The solution emphasizes quick connections with online stores and marketplaces and supports dynamic warehouse environments where traditional WMS systems often fail. Product development priorities include additional AI-powered automation, advanced analytics, and continued expansion of an out-of-the-box integrations ecosystem connecting to hundreds of marketplaces, shippers, robotics and other management systems. Logiwa has positioned itself to capitalize on market growth in high-volume DTC ecommerce by offering faster implementation and greater flexibility. The company is using recent funding to accelerate platform development and scale operations. Logiwa is a cloud fulfillment platform and warehouse management system built for high-volume direct-to-consumer (DTC) brands, wholesalers, and 3PLs. Its integrated WMS and order fulfillment system is designed to connect quickly with online stores and marketplaces and to run digital warehouses where traditional WMS systems fail. The company says Logiwa can increase warehouse order processing capacity by 200% and labor efficiency by more than 40%. With the new funding Logiwa will continue a product-led growth strategy, develop AI-powered automation algorithms and advanced analytics, and expand its out-of-the-box integrations. The financing is intended to help the company capitalize on the shift to ecommerce and the market need for faster implementation times and more flexible fulfillment solutions. Logiwa emphasizes support for dynamic warehouse environments and scaling of high-volume DTC fulfillment operations. Logiwa provides a cloud-native fulfillment platform that combines warehouse management (WMS) and order fulfillment to support high-volume DTC operations. Its platform emphasizes quick connections to online stores and marketplaces and is designed for dynamic warehouse environments where traditional WMS solutions fall short. Customers use Logiwa to add automation rules and scale throughput—Logiwa says some customers can fulfill twice as many orders with the same staff. The company highlighted a spike in demand tied to accelerated online sales during the COVID-19 pandemic. To meet that demand, Logiwa raised capital in 2021 and has a total of $13.1 million in funding to date. The product targets brands, online sellers, 3PLs, and fulfillment networks seeking greater flexibility and scalability. Logiwa is a Chicago, IL-based provider of cloud-based warehouse and inventory management software focused on real-time inventory management and order fulfillment. Its platform targets small business online retailers, wholesalers and 3PL fulfillment companies. The solution includes built-in integrations to marketplaces and shopping carts such as Amazon, eBay, Shopify, Magento, Bigcommerce and Walmart, plus shipment carriers (USPS, FedEx, UPS, ShipStation) and accounting systems (QuickBooks, Xero). The company was co-founded by Erhan Musaoglu and Cagdas Yildiz. Logiwa intends to use the funds to accelerate growth in existing markets and penetrate new markets. The article did not disclose financial metrics such as revenue or user counts.
- Ecobot
Participated · Equity · Jan 2022
Ecobot is a cloud-based platform that automates and optimizes mandatory pre-construction environmental permitting for stakeholders in the architecture, engineering, and construction (AEC) industry. The product enables field data collection and uses that data to streamline mitigation banking, civil engineering workflows, and broader construction lifecycle improvements. Ecobot's platform lets engineers leverage field-collected data into a digital twin to improve resilience of the built environment. The company says customers have generated over 45,000 pre-construction environmental analysis reports using the platform to date. With the new capital, Ecobot plans to widen its scope of supported environmental permits and add project management tools and deeper integrations. The company also intends to add talent to support platform expansion and customer adoption. Ecobot offers software and services aimed at modernizing wetland environmental impact surveys, a market it says is worth about $10 billion. The company acquired Wetform and plans to aggressively expand beyond its base in North Carolina. Ecobot says it has 56 customers and targets the development and construction sector and engineering consulting firms. Its tools reduce field time by roughly two-and-a-half hours per person per day and cut office work on surveys from about 30 hours to 45 minutes. The company estimates large-project assessments can cost up to $1.25 million and says its software can save developers on the order of $50,000 per day. Ecobot was co-founded by CEO Lee Lance and wetlands scientist Jeremy Schewe and grew from a niche focus on wetland surveys before expanding into adjacent areas.
- Daupler
Participated · Equity · Jul 2021
Daupler's core product is the Response Management System (RMS), which uses the company's utility incident AI dataset to identify severity, triage incidents, and automate crew dispatch across electric, water, wastewater, and public works infrastructure. The platform emphasizes real-time automation, advanced analytics, integrations, and proactive customer communication to streamline field operations and dispatcher workflows. Daupler serves utilities in 38 U.S. states, Canada, and New Zealand and reports customer outcomes including up to a 50% reduction in response times and an 80% decrease in response costs. The company supported utilities during Hurricane Helene (September 2024), automating responses to thousands of events and accelerating restorations. Going forward, Daupler plans to expand product innovation for electric utilities and scale internationally into the UK and EU while enhancing AI-driven data analysis and field operations automation. The company positions itself as an end-to-end incident management solution to help critical infrastructure providers modernize emergency response and improve resilience. Daupler provides a software platform for cities, utilities and other service providers to manage operations and automate triage and response to emergencies reported in their networks. The technology lets reporting parties monitor the response in real time while providers see increased efficiency and quality assurance. The company currently serves customers in 26 U.S. states and is expanding throughout Canada and Brazil, having more than doubled its presence in 2020. Led by CEO and co-founder John Bertrand, Daupler intends to use new funding to strengthen its technical and commercial offering. The company plans to continue expanding operations and its business reach using the proceeds from the raise.
- SuperPhone
Led · Seed · Jan 2018
SuperPhone builds a personal relationship-management product that turns texting into a CRM-like experience, centered on a patent-pending Never Lose Touch reengagement feature and upcoming conversation-health analytics. The app lets users sort contacts by location, title or spend, monitor address-book growth, and integrates with Shopify to drive purchases. It is available on iOS with Android coming soon and charges about $0.10 per active conversation per month (roughly $1.20 per contact per year). The company is led by cofounder and CEO Ryan Leslie, who originally developed the product to monetize fan relationships. Enterprise usage includes Atlantic Records managing roughly half a million fan conversations; the company employs 22 people. Roadmap items include analytics showing who messages whom more, an API to connect with traditional CRM and business-texting tools, and conversation-health metrics built with a top phone manufacturer. SuperPhone competes with tools such as Hustle, Zipwhip, Teckst and Zingle, and faces authenticity risks around automated reengagement messaging. Superphone is an SMS-based customer relationship and direct-sales tool that gives creators a dedicated phone number to collect fan data, send targeted messages via Twilio, and drive purchases through links to Shopify and other stores. The product charges clients based on how many text messages they send plus a 5% fee on e-commerce payments. It is in private beta with roughly 2,700 clients across verticals, including musicians (Lil Wayne, Kevin Jonas) and authors, and founder Ryan Leslie has 40,000 fans in his Superphonebook. Leslie has used Superphone to sell 200 tickets at $1,700 apiece in 48 hours and runs a lifetime-album model where fans pledge per-release payments. The team currently offers a web dashboard and plans to release native apps in the coming weeks, will be hiring out its development team, and intends to add an AI/machine-learning intelligence layer on top of messaging. Financially, the company has closed a $1.5 million seed round led by Ben Horowitz with participation from Betaworks and a broad group of funds and angel investors.