Anna Garcia

Partner and Co-Founder, Runway Venture Partners; Founder and Managing Partner, Altari Ventures at runway-venture-partners

Reviewed Updated May 1, 2026

This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.

Location New York, NY
Check Size Up to $1M individual checks; leads $2-3M rounds
Last Verified Investment MarketMuse (Post-seed; exited) — ~2024

Background

Anna Garcia is a co-founder and Partner of Runway Venture Partners, a New York City-based post-seed venture firm she launched in 2016 with Marc Michel 12. Runway focuses on B2B SaaS and software-enabled businesses that have reached product-market fit but are not yet ready for an institutional Series A, typically writing checks up to $1M and leading rounds of $2-3M 13. In 2022, while continuing her Runway role, Garcia also founded Altari Ventures, a New York-based early-stage enterprise FinTech fund where she serves as Founder and Managing Partner 45.

Before venture capital, Garcia spent 17 years in financial services in senior roles at Merrill Lynch, Jefferies, and JP Morgan, working across capital markets, investment banking, and asset management; at Merrill Lynch she ran a top-ranked fixed-income origination and hedging business 1. She has been active in the New York startup ecosystem since 2013, first as an angel investor and mentor at ERA, the Barclays/Techstars accelerator, and the Canadian Technology Accelerator, before founding her own pre-Runway vehicle AGM Ventures and then co-founding Runway in 2016 12.

Garcia is a CFA charterholder and holds Series 7, 3, 63, and 24 licenses; she earned her degree from the Ivey Business School at Western University 5. She has been recognized on the Innovate Finance Women in FinTech Powerlist (2018) and received the Markets Choice Awards “Excellence in FinTech” award (2017) 5.

Stated Thesis

(Self-reported: These represent what Garcia and Runway say publicly. See Inferred Thesis below for analysis of actual investment behavior.)

Garcia describes Runway’s gap-in-the-market thesis as targeting companies that have crossed product-market fit but aren’t yet ready for a modern, larger Series A. In a 2018 AlleyWatch interview she observed that “Series A rounds have ballooned in size from $3-5M several years ago to an average of $10M today,” creating a need for $2-3M bridge capital between seed and Series A 2. Runway’s own site frames the target stage as “post product-market fit SaaS and software-enabled businesses” that have “demonstrated visionary entrepreneurial leadership, clear product-market fit and strong growth rates” 3.

On founder evaluation, Garcia has stated: “In the CEO, I am looking for drive, vision and signs of true leadership. And yet, humbleness and willingness to take input” 2. Quantitatively, she has said she targets companies with “a dozen or more paying clients and generally $50-100k MRR” at the time of investment 2.

On her sector lens, Garcia has emphasized workflow and process-optimization software: “Businesses from small and mid-sized to enterprise still deal with massive process inefficiencies” 2. At Altari, her stated investment themes are “data-driven enterprise intelligence, capital markets and asset management technology, CFO tech stack, embedded finance and decentralized/centralized infrastructure” 46.

Inferred Thesis

Sample size note: The analysis below is based on 15 verified active Runway portfolio companies disclosed on Runway’s own portfolio page, plus context from 33 pre-Runway investments Garcia and Michel made before formalizing the fund. Runway’s overall investment count is reported as 54 by aggregators 7; the 15-company active set is the most reliable basis for thesis inference. Personal-versus-firm attribution between Garcia and her co-founder Marc Michel is not consistently disclosed, so the analysis below treats Runway’s portfolio as the joint output of both founders.

Stage. Post-seed / seed extension. Runway explicitly positions itself between seed and the modern Series A, with a stated check size up to $1M and lead-round size of $2-3M 13. The most recent verified follow-on participation was Logiwa’s Series B in July 2022 8.

Sector mix across the 15 active Runway portfolio companies (per Runway’s own portfolio page) 9:

  • Vertical B2B SaaS / industry-specific workflow software: Agilis (chemicals commerce), Daupler (utilities first response), Ecobot (environmental permitting), Logiwa (warehouse management), Noteworth (outpatient operating system), Scanifly (solar workflow), SkopeNow (insurance fraud), TagFi (membership organizations) — 8 of 15 (53%) 9.
  • Horizontal B2B SaaS / marketing/content/SMB tools: Causematch (nonprofit fundraising), MarketMuse (content AI), Monit (SMB digital intelligence), Superphone (audience messaging), Trendalytics (product intelligence), YayPay (AR automation) — 6 of 15 (40%) 9.
  • Consumer marketplace: Viyet (pre-owned designer furniture, acquired by Sotheby’s) — 1 of 15 (7%) 9.

The active portfolio is 93% B2B software, consistent with Runway’s stated B2B SaaS thesis. The vertical-SaaS concentration (53%) is more pronounced than the firm’s generic “B2B SaaS” framing suggests — the active book is heavily weighted toward industry-specific workflow tools (utilities, solar, chemicals, environmental, insurance, healthcare ops) rather than horizontal SaaS.

Exits. Among the active Runway book, two disclosed exits: Viyet (acquired by Sotheby’s) and YayPay (acquired by Quadient) 9. Trendalytics was subsequently acquired by HatchBeauty 9. MarketMuse was Runway’s most recent portfolio exit, on October 8, 2024 7.

Pre-Runway portfolio context. Garcia and Michel’s 33 pre-Runway investments (as listed on the Runway site) skewed more toward fintech, martech, and consumer marketplaces — including Braze, Trumid, Liveoak (acquired by DocuSign), Transactis (acquired by Mastercard), Tapad (acquired by Telenor), TapCommerce (acquired by Twitter), IndieGoGo, Thrive Market, Talkspace, and Zipdrug (acquired by Anthem) 9. Garcia personally cites Trumid, Owlet, Primary, Liveoak Technologies, HiFi, and Culinary Agents as notable individual investments 1.

Geography. New York-centered. Runway is NYC-based and Garcia has been embedded in NYC startup networks since 2013 12; multiple active portfolio companies (Superphone, Trendalytics, Viyet) are NYC-based 9.

FinTech tilt at Altari. Garcia’s 2022 follow-on firm Altari is explicitly FinTech-focused, suggesting her personal interests have narrowed from Runway’s broader B2B SaaS scope toward capital markets, asset management, embedded finance, and CFO tooling 46.

Notable gaps. Runway’s portfolio page does not disclose investment dates, round sizes, or lead status, which limits more precise per-deal analysis. Aggregator data (Crunchbase, PitchBook) reports 54 total investments 7, a larger universe than the 15 active companies plus 33 pre-Runway listings; the delta likely includes follow-ons and undisclosed positions.

Portfolio

The table below covers the 15 active companies disclosed on Runway’s own portfolio page, plus selected pre-Runway investments where Garcia is personally cited. Years reflect founding year or first verifiable round where Runway’s involvement is documented; “~” indicates founding-year proxy where the specific investment year is not publicly disclosed.

Company Year Stage Source
~unknown Agilis ~ Post-seed
~unknown Causematch ~ Post-seed
~unknown Daupler ~ Post-seed
Ecobot 2021 Investor/Advisor (per Anna Garcia) 10
Logiwa 2022 Series B (existing investor) 8
MarketMuse ~ (exit Oct 2024) Post-seed; exited 79
~unknown Monit ~ Post-seed
~unknown Noteworth ~ Post-seed
~unknown Scanifly ~ Post-seed
~unknown SkopeNow ~ Post-seed
~unknown Superphone ~ Post-seed
~unknown TagFi ~ Post-seed
~unknown Trendalytics ~ (acquired by HatchBeauty) Post-seed; exited
~unknown Viyet ~ (acquired by Sotheby’s) Post-seed; exited
~unknown YayPay ~ (acquired by Quadient) Post-seed; exited
~unknown Trumid ~ (pre-Runway) Personally cited by Garcia
~unknown Liveoak Technologies ~ (pre-Runway, acquired by DocuSign) Personally cited by Garcia
~unknown Primary ~ (pre-Runway) Personally cited by Garcia
~unknown Culinary Agents ~ (pre-Runway) Personally cited by Garcia
~unknown Owlet ~ (pre-Runway) Personally cited by Garcia
~unknown HiFi ~ (pre-Runway) Personally cited by Garcia

Coverage note. This table represents the 15 active portfolio companies Runway publicly discloses, plus 6 pre-Runway investments Garcia personally cites — roughly 21 of the ~54 total investments aggregators attribute to Runway 7. Investment dates are not disclosed on Runway’s portfolio page, so most rows above lack a specific year.

In Their Own Words

On Runway’s gap-in-the-market thesis: “Series A rounds have ballooned in size from $3-5M several years ago to an average of $10M today” 2.

On what she looks for in a CEO: “In the CEO, I am looking for drive, vision and signs of true leadership. And yet, humbleness and willingness to take input” 2.

On revenue traction at investment: she targets companies with “a dozen or more paying clients and generally $50-100k MRR” 2.

On the B2B opportunity: “Businesses from small and mid-sized to enterprise still deal with massive process inefficiencies” 2.

What Founders Say

No independently sourced founder testimonials found.

Connections

  • Co-Founder, Runway Venture Partners — alongside Marc Michel, a former Metamorphic Ventures / Compound co-founder and former CEO/co-founder of Precyse Solutions 1.
  • Founder and Managing Partner, Altari Ventures (2022-present) — New York-based enterprise FinTech fund 45.
  • Prior employers: Merrill Lynch, Jefferies, JP Morgan (17 years in financial services, capital markets / investment banking / asset management) 1.
  • Accelerator mentor: ERA (Entrepreneurs Roundtable Accelerator), Barclays/Techstars, Canadian Technology Accelerator 1.
  • CFA Society New York speaker/organizer 5.
  • Frequent co-investors at Logiwa Series B (July 2022): NewRoad Capital Partners (lead), Valor Siren Ventures, Spider Capital, Launch Capital 8.

Sources


  1. Runway Venture Partners, “Our Team,” accessed May 2026. https://runwayvp.com/our-team/

  2. AlleyWatch, “Inside the Mind of a NYC VC: Anna Garcia of Runway Venture Partners,” September 2018, accessed May 2026. https://www.alleywatch.com/2018/09/inside-the-mind-of-a-nyc-vc-anna-garcia-of-runway-venture-partners/

  3. Runway Venture Partners homepage, accessed May 2026. https://runwayvp.com/

  4. Uncorrelated Minds podcast, “Early-Stage Venture Capital: Opportunities in Enterprise SaaS & Fintech With Anna Garcia (Ep. 23),” August 9, 2022, accessed May 2026. https://uncorrelatedminds.blubrry.net/2022/08/09/early-stage-venture-capital-opportunities-in-enterprise-saas-fintech-with-anna-garcia-ep-23/

  5. CFA Society New York, “Anna Garcia, CFA” speaker profile, accessed May 2026. https://cfany.org/speaker-organizer/anna-garcia/

  6. Anna Garcia LinkedIn profile (Altari Ventures), accessed May 2026. https://www.linkedin.com/in/annagarciavc

  7. CB Insights, “Runway Venture Partners — Portfolio Investments, Funds, Exits,” accessed May 2026. https://www.cbinsights.com/investor/runway-venture-partners

  8. Business Wire / Logiwa press release, “Logiwa Raises $16.4M in Series B Funding as Company Aims to Modernize the WMS Market,” July 6, 2022, accessed May 2026. https://www.businesswire.com/news/home/20220706005048/en/Logiwa-Raises-16.4M-in-Series-B-Funding-as-Company-Aims-to-Modernize-the-WMS-Market

  9. Runway Venture Partners, “Portfolio,” accessed May 2026. https://runwayvp.com/portfolio/

  10. Bank On It podcast (John Siracusa), “Episode 203: Anna Garcia from Runway Venture Partners,” accessed May 2026. https://medium.com/@johnsiracusa/episode-203-podcast-anna-garcia-from-runway-venture-partners-7792f5fe1e8a