Runwise

company

About

Runwise provides a software platform for building heat management.

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

Employee Profiles

Number of Employee Profiles
2
Runwise has 2 current employee profiles, including Executive Lee Hoffman
Executive
Executive

Acquisition

Runwise has acquired 1 organizations. Their most recent acquisition was BGS Water Watch on Nov 4, 2021. They acquired BGS Water Watch for 0.

Date Company Name
Industry Acquisition Type Price
Nov 4, 2021 BGS Water Watch
Water acquisition Detail