Runway Growth Capital completed the $40m investment in Autobooks.

Runway Growth Capital, a provider of growth loans to venture and non-venture-backed companies, completed the $40m investment in Autobooks, a financial technology innovator providing integrated payment, invoicing, and accounting solutions. "Autobooks' robust growth and approach to empowering small businesses via direct integrations with leading financial institutions is truly innovative and aligns well with Runway's investment philosophy. Our financing supports their ongoing platform growth and key strategic initiatives such as the Allied Payment Network acquisition, which we believe positions them as a critical partner for virtually any institution within the banking ecosystem that intends to serve the SMB market," Jeff Goldrich, Runway Growth Capital Managing Director of Technology.