RUNWAY – A Financial Innovation Firm

RUNWAY – A Financial Innovation Firm

Slogan: "We are where restorative capital meets community."

Description: RUNWAY is a financial innovation firm committed to dismantling systemic barriers and reimagining financial policies and practices–all in the name of Black liberation. Their work focuses on building Black community wealth through early-stage "Friends & Family" funding, holistic support, and innovative financial products. The firm is dedicated to advancing resiliency for Black businesses and the communities they serve by creating emergent financial practices and infrastructure that close the racial wealth gap for good.

Partnerships: In collaboration with investors, financial institutions, and the entrepreneurship ecosystem, RUNWAY seeks to bridge the old economy of extraction to the next economy based on relationship and community regeneration.

Guiding Principle: The firm is driven by the principle that capital can be used to heal, repair, and connect, informing all aspects of their organizational culture including lending and credit processes, as well as interpersonal working relationships within the team.

Team: RUNWAY is comprised of a team of diverse, entrepreneurial Black women dedicated to building an economy that centers healing, joy, culture, and collective wealth for Black people. The firm operates as a self-directed non-profit and aims to collaborate with entrepreneurial individuals interested in building a more just economy.

Founded: 2016

Industries: Financial Services

Headquarter: Information not provided

Last Investment: Information not available

Last Investment Investors: Information not available