Our Investment in Runway

I’m thrilled to announce that Hyphen Capital has made an investment in Runway. Runway helps teams and founders better understand the financial health of their business. It has been called the Figma for finance because it gives visibility into valuable business data and financial metrics to leaders across the entire team rather than being limited to just the finance team. Backed by Andreessen Horowitz, Elad Gil, Naval Ravikant, Dylan Field (co-founder of Figma), Henry Ward (co-founder of Carta) and many others, Runway is one of the most competitive early stage startups to invest in right now.

How did a small and relatively new syndicate manage to get allocation into one of the hottest startups around? Our network. Co-founder and CEO Siqi Chen has been an integral part of the Asian-American founder community in Silicon Valley for many years. As a dear friend of many LPs in the syndicate, it only made sense that he would want Hyphen to be involved. It was important to him to have the support of the Asian-American community represented on his cap table. More and more founders are realizing that they want more diversity among their investors. Hyphen has assembled some of the most successful business leaders and startup founders in the world who also happen to be Asian-American, to invest in the next generation of AAPI founders. We are proud to be supporting Siqi and his team in their mission to democratize financial data within startups.