Runable raises $21M at a $65M valuation to grow small businesses

Runable has raised $21 million in Series A funding to push its AI agents past building software and into finding customers for small businesses. Susquehanna Venture Capital and Nexus Venture Partners co-led the round, with existing backers Together Fund and Array VC participating, the company said in its announcement.

The all-equity, primary round valued the Bengaluru startup at $65 million after investment, co-founder and CEO Umesh Kumar told TechCrunch. Kumar and co-founder Saksham Sarda started the company in 2025 as an AI infrastructure play, building browser technology to scrape data at scale. They pivoted after users kept asking the browser agent to make slide decks and websites instead. The bet paid off fast: Runable hit a $2 million annualized revenue run rate within three weeks of launching payments in March, with a team of 15 people.

The product starts with a chat interface that works like ChatGPT. You describe what you need, and the agent builds websites, mobile apps, pitch decks and prospect lists, with deployment, auth and payments handled inside the platform. The new money targets what comes after: running paid ads across ChatGPT Ads, Meta, Google, LinkedIn and TikTok, scheduling social content, sending cold outreach and tracking brand sentiment, as SiliconANGLE reports.

Building software stopped being the hard part. Nobody starts a business because they want a landing page. They start it because they want customers and revenue.

Software creation got automated. Everything after it didn’t. That’s what Runable is for.

Umesh Kumar, co-founder and CEO, via SiliconANGLE

Figure	Number	Source
Series A round	$21 million	Runable announcement
Post-money valuation	$65 million	Kumar, to TechCrunch
Annualized revenue run rate	$2 million	Kumar, to TechCrunch
Registered users	About 1.7 million	Kumar, to TechCrunch
Tokens consumed, last 90 days	Over 1 trillion	Kumar, to TechCrunch
Team size	15 people	TechCrunch

The user numbers depend on which count you take. The announcement puts the base at 1.5 million, while Kumar told TechCrunch the platform has about 1.7 million registered users as of August 2026. Most of them run businesses of just two people, and the US, the UK and Japan are among its largest markets, with users in Brazil as well. Those users consumed more than 1 trillion tokens over the past 90 days, and about 60% to 70% of that usage came from paying customers, Kumar said.

The catch is that the usage loses money. Kumar acknowledged Runable currently has negative gross margins, partly because it subsidizes AI usage for its customers. The startup works with a mix of models, is developing its own, and is betting that falling inference costs close the gap. “We are seeing this path where you can provide the same quality of inference at almost 10x less cost,” he told TechCrunch.

TechCrunch tested that pitch with a fictional coffee subscription business and a $25 ad budget. Runable built the site and prepared a campaign, but it stopped short of spending because an advertising account first needed to be connected. The exception is ads on ChatGPT, which Runable says it can run through partners it declined to name, describing those relationships as a “soft wedge.” Kumar calls general-purpose agents Manus and Genspark his closest competitors, in a crowded field that also includes Cursor, Lovable and Replit.

Investors haven’t cooled on agent startups, which is the backdrop here: Rillet closed a $100 million Series C in 48 hours earlier this month, and our own look at what AI tools for business actually cost found $216 a seat with 30% of tasks finished. Per the funding coverage, the new capital goes to more growth channels, deeper campaign measurement that agents handle on their own, a free Runable Academy training program, and hiring across engineering, machine learning, product, growth and support. The thing to watch is that unnamed ChatGPT ads partnership, because the whole “no ad account needed” promise rests on it.