Runwise

Runwise

Optimizes building heating systems with software

About

Runwise optimizes heating systems in buildings using a wireless control system, sensor network, and software platform. It serves residential, commercial, and industrial property owners by helping them reduce heating costs, enhance comfort, and lower carbon emissions. The platform integrates easily with any centrally heated building, offering real-time monitoring and alerts that allow property managers to quickly identify and fix issues. This proactive approach not only saves money but also reduces the workload for building operators. Runwise operates on a subscription model, providing clients access to its features while also enabling them to earn utility rebates through improved energy efficiency. The company emphasizes customer support with 24/7 assistance, ensuring clients receive prompt help. Runwise stands out from competitors by combining significant cost savings with high-quality service, making it a trusted choice for thousands of properties.

Company Stage

Seed

Employees

51-200

Industries

Energy, Enterprise Software

Total Funding

$45M

Headquarters

New York City, New York

Founded

2010


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Simplify's Take

What believers are saying

  • Runwise raised $19M in Series A funding, boosting its growth potential.
  • Recognition as a Top ProNet Partner in 2023 enhances Runwise's industry credibility.
  • Growing demand for energy-efficient solutions supports Runwise's market expansion.

What critics are saying

  • Emerging startups in smart building tech could threaten Runwise's market share.
  • Potential cybersecurity vulnerabilities in wireless systems pose risks to client trust.
  • Economic downturns may reduce property owners' investment in new technologies.

What makes Runwise unique

  • Runwise offers a unique wireless control and sensor network for heating systems.
  • The platform provides real-time monitoring and alerts for efficient building management.
  • Runwise's subscription model includes potential utility rebates for energy efficiency improvements.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Paid Parental Leave

Flexible Paid Time Off

Commuter Benefits

401K

Company paid life insurance

Voluntary supplemental life insurance

Hybrid Work Options

Summer Fridays

Employee Resource Groups

Monthly L&D Series

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