# Runwise

> Runwise is a New York-based smart-building company that retrofits aging heating, cooling, water, and electrical systems with proprietary wireless hardware, sensors, and cloud software. Its platform learns each building's behavior and automatically runs core systems at the minimum needed, cutting fuel use 20-25%, lowering carbon emissions, and helping owners comply with climate laws like NYC's Local Law 97. Used in over 10,000 buildings across the U.S., Runwise has saved customers more than $100 million in energy costs and positions itself as the operating system for buildings still running on 1960s technology.

- **Founded:** 2010
- **Headquarters:** New York, New York, United States
- **Founders:** Jeff Carleton (CEO & Co-Founder), Lee Hoffman (President & Co-Founder), Mike Cook (Chief Growth Officer & Co-Founder)
- **Team size:** ~180 employees
- **Products:** Smart Heating Control, Smart Cooling Control, Wireless Sensor Network, Smart Gas Leak Detection, Smart Water / Toilet Leak Monitoring
- **Notable:** Deployed in over 10,000 buildings across the United States, Saved customers more than $100 million in energy costs to date, Described as one of the largest private-sector reducers of carbon emissions in the U.S.

## Products & services

- **Smart Heating Control** — Proprietary wireless heat-timer hardware plus indoor sensors and machine learning that run boilers and steam systems at the minimum required, cutting fuel consumption by 20-25%.
- **Smart Cooling Control** — Intelligent control of cooling systems to optimize comfort and energy use across the year.
- **Wireless Sensor Network** — Battery-powered indoor sensors with up to 10-year battery life that report temperature and conditions in real time; installable in a single day with no rewiring.
- **Smart Gas Leak Detection** — Sensor-based monitoring that detects gas leaks and triggers real-time alerts for safety and compliance.
- **Smart Water / Toilet Leak Monitoring** — Detects water and toilet leaks to reduce waste and prevent costly damage.
- **Compliance & Reporting Platform** — Software that helps buildings meet NYC Local Law 97/84/87 and similar climate legislation, reducing carbon fines by an average of ~$19,000 per building and covering several required emission-reduction measures.
- **Remote Management App** — Cloud dashboard and mobile app for property managers to monitor and control building systems remotely, with real-time alerts and demand-response capability.

## Achievements

- Deployed in over 10,000 buildings across the United States
- Saved customers more than $100 million in energy costs to date
- Described as one of the largest private-sector reducers of carbon emissions in the U.S.
- Raised a $55M Series B in 2025 that was twice oversubscribed, led by Menlo Ventures
- Roughly 30X growth since its seed round
- Reduces building fuel consumption by 20-25% with typical payback under 5 months

## Latest updates

- **2025-06** — Raised $55M Series B led by Menlo Ventures to scale its smart operating system for buildings; total funding reached ~$79M.
- **2025-08** — Featured by CNBC for helping real estate operators handle record summer heat through smarter cooling and energy management.

## Links

- Website: https://www.runwise.com
- LinkedIn: https://www.linkedin.com/company/wearerunwise
- Twitter/X: https://twitter.com/wearerunwise
- YouTube: https://www.youtube.com/@runwise
- Facebook: https://www.facebook.com/wearerunwise

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Profile page: https://yespress.io/runwise
Published by YesPress — https://yespress.io
Last updated: 2026-06-13