Runwise

Runwise provides IoT-based heating control systems for enterprises, offering smart control systems for heating pumps, wireless sensor networks for environmental calibration, and a data platform for remote monitoring and optimization. The platform enables building owners and property managers to reduce energy consumption, lower heating costs, and improve tenant comfort through automated temperature control based on real-time sensor data, weather forecasts, and occupancy patterns. Runwise's solution retrofits existing heating systems with IoT sensors and smart controllers, providing granular control over individual apartment and common area heating without requiring full system replacement. The company serves multifamily residential buildings, commercial properties, and affordable housing. Founded in 2010 and headquartered in New York City, Runwise has raised approximately $65.2 million in Series B funding from investors including Fifth Wall, Climate Capital, Rudin, Initialized Capital, and Notation Capital.