Runwise

Optimizes building heating systems with software

New York City, New York, United States

About Runwise

Runwise optimizes heating systems in buildings using a wireless control, 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 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 immediate help. Runwise aims to provide a smarter way to manage heating systems, delivering financial savings, increased comfort, and environmental benefits.

New York City, New YorkHeadquarters
2010Year Founded
$45MTotal Funding
EARLY_VCCompany Stage
Energy, Enterprise SoftwareIndustries
51-200Employees

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

Risks

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.

Differentiation

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.

Upsides

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.