SAN FRANCISCO--(BUSINESS WIRE)--Runway Incubator opened its 30,000 square foot space three years ago in the now well recognized mid-Market “Twitter building”—arguably one of the most formative locations for tech growth in the last five years in San Francisco. Backed by local Bay Area entrepreneur Tom Henderson, Runway to date hosts 82 burgeoning startups in its space and boasts another 150 alumni members who have graduated from its community. Runway focuses on providing startup teams with the resources needed to succeed, and the approach is working. The average fundraising amount per Runway member is approximately $2.8 million.
“We understand the importance of establishing relationships with Runway’s entrepreneurs to best help them meet their funding needs, accurately and efficiently," stated Matt Walters, Runway Managing Director. "Our model has been to take the best of mentor-driven systems with plenty of value added services to create an environment geared for high growth and success.”
Walters, whose background includes working for companies such as Ardent Capital, The Founder Institute, and Expansive Ventures is combining his experience with Runway’s team of Business Development Executives to connect Runway members to a network of Corporate Sponsors, many of whom are listed as Fortune 1000 companies. Runway’s objective is to sign these Corporations in order to facilitate investments and create partnerships.
Other Runway Incubator highlights:
- Biggest member raise: Alumni Skycatch stayed at Runway 6 - 12 months and raised over $41 million dollars. Learn more about our current and alumni community members.
- Daily networking events hosted at Runway attract an average of 3,000 guests per month with the purpose of connecting members with relevant investors and industry leaders. PitchForce by People Connect, edtech meetups with EdSurge, and numerous investor panels with attendees such as Samsung Ventures, Qualcomm Ventures, Sandisk Ventures, and Motorola, have all hosted and attended events at Runway.
- Workshop services include but are not limited to, sales, marketing, legal services, investing, business development, software and web development, staff hiring, serial entrepreneurs, consultants, advisors, and academics.
Runway Incubator is home to awesome startups. Located at 1355 Market St., Runway provides office space to startups in the San Francisco Bay Area. Looking to be a Member at Runway? Learn more at: http://runway.is