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Runwise

The leading smart operating system for buildings.
PropTech 📍 New York, NY Founded 2018
Current Valuation
$250M
as of 2025-Q2
PRIVATE

IPO Outlookprivate

Is Runwise going public?
No. Runwise is private and has not filed to go public. There is no S-1 on file.
What is Runwise's valuation in 2026?
Runwise is valued at $250M as of 2025-Q2, set by its Series B ($55M, Jun 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Runwise filed an S-1?
No public S-1 is on file for Runwise.
Who are Runwise's investors?
Runwise's investors include Menlo Ventures, Fifth Wall, Energy Impact Partners, Wellington Management, Schneider Electric, Camber Creek and 2 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Runwise is a smart operating system for buildings that utilizes a sensor-based platform to monitor and optimize heating systems, significantly reducing energy waste in commercial real estate. Their technology enables real-time control and analytics, helping building owners lower costs and carbon emissions.

Company Profile

CEO
Lee Hoffman
Founded
2018
HQ
New York, NY
Employees
122
Total Raised
$79M
Est. Revenue
$19M (2025)
Growth
Rapidly scaling Series B company with 5x revenue growth in 2025.
Last Round
Series B — $55M (Jun 2025) · Lead: Menlo Ventures
IPO Status
private

Fundraising Status

Series B · $55M · 1y 2mo ago
privateTotal raised $79M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series B$55MJun 2025Menlo Ventures

Talent Signal

Hiring trend
Hiring steady
20% of roles posted in last 30d
Open roles
5
via greenhouse
Product-build share
0%
engineering, research, product, design
Trajectory
steady
go-to-market push — Only 0% of open roles build product — hiring is concentrated in sales/marketing/ops (2 of 5 open roles are other).
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month5Aug '26
Open roles by function
Open roles by functionOther2Sales & GTM2Ops & People1
product-building   go-to-market / G&A
Lead Building Controls Technician Lead Building Controls Technician (Chicago)Sales Development RepresentativeSenior Director, Revenue Operations VP, Field Operations & Service Delivery
Counted from Runwise's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Lee HoffmanMike Cohen

Investors

Menlo Ventures · Fifth Wall · Energy Impact Partners · Wellington Management · Schneider Electric · Camber Creek · MetaProp · Nuveen

Products

  • Runwise boiler controls
  • Runwise Steam
  • Energy Insights
  • Tenant Engagement

Competitors

Logical Buildings · BrainBox AI · 75F · Cortex · Ecobee Commercial
PropTechEnergy EfficiencySmart BuildingIoTSaaSESG
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.