Runwise

About

Runwise provides a software platform for building heat management.

New York,New York,United States
51 - 100
https://www.runwise.com/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $19M
Industries: Information Technology,Smart Building,Software
Founded date: Jan 1, 2010
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Runwise, Inc.
Also Known As: Heat Watch

Runwise is wireless control, sensor network, and software platform to better operate heating systems. Its mission is to enable buildings to run more efficiently using intelligent and easy-to-install wireless hardware and software.

The company's users can reduce heating expenses and carbon emissions thanks to the network's management of heating and boiler systems, which also avoids under- and overheating and gives a verifiable online record of both.

Runwise was founded on January 10, 2010, by Jeff Carleton and Lee Hoffman in New York.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$29.38M

Runwise has raised a total of $29.38M in funding over 2 rounds. Their latest funding was raised on Nov 3, 2022 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 3, 2022	Series A	$19M	16	Fifth Wall	—	Detail
Apr 7, 2022	Series Unknown	$149.66K	—	—	—	Detail
Dec 21, 2021	Debt Financing	$5M	—	—	—	Detail
Apr 21, 2020	Series Unknown	$5.23M	3	Initialized Capital Notation Capital Susa Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

16

Runwise is funded by 16 investors. Fifth Wall and Derive Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Fifth Wall	Yes	Series A
Derive Ventures	—	Series A
Friedman Management	—	Series A
Helium-3 Ventures	—	Series A
Initialized Capital	—	Series A
My Climate Journey Collective	—	Series A
NextView Ventures	—	Series A
Notation Capital	—	Series A
Rudin Management Company	—	Series A
Silence VC	—	Series A