Runway protects developer time with no-code solutions from Stripe
A case study of Stripe
- Client
- Runway
- Industry
- Generative AI
Client website: runwayml.com
Runway integrated Stripe Billing in minutes to manage AI subscriptions and used Adaptive Pricing to boost lifetime value.
The challenge
Runway needed a flexible billing solution for its generative AI tools that could handle global users and local payment methods without distracting developers from core model training.
The solution
Runway implemented Stripe Billing for subscription management and the Optimized Checkout Suite to quickly add eight new payment methods without code.
The results
Runway saw a 14% increase in lifetime value per session and a 17.7% increase in lifetime value per subscription after implementing Adaptive Pricing.
In numbers
- increase in lifetime value per session with Adaptive Pricing
- 14%
- more lifetime value per subscription
- 17.7%
Products and services used
- Stripe Billing
- Stripe Checkout
- Adaptive Pricing
- Revenue Recognition
Added by AntSpace from public sources (stripe.com).