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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
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

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.