
Runwise
Categories
United States
Country

Jonathan Auerbach (Co Founder, CEO)
Jeff Carlin (Co-Founder)
Andrew Todd (Co-Founder)
Charlie Cohn (Vice President, Operations)
Technology
Summary
Runwise is a building management platform that helps property owners and managers reduce energy consumption, improve efficiency, and lower operational costs. Founded in 2010, the company is headquartered in New York, NY, and serves over 7,500 buildings. Runwise integrates proprietary heat control technology, wireless sensors, and machine learning to optimise heating, cooling, and water management.
The platform enables buildings to transition from traditional control systems, which require multiple devices and extensive wiring, to a fully wireless system that can be installed within a day. Runwise’s technology helps property owners comply with Local Laws 87 and 84 and meet energy efficiency regulations, including Local Law 97.
Runwise’s heating control solutions make boilers and steam systems more efficient and reduce fuel consumption by 20-25%. The cooling control feature optimises chillers and cooling towers, while the flood detection system prevents water damage by identifying leaks instantly. The platform also includes gas leak detection, toilet leak detection, and smoke/fire detection to enhance safety and prevent costly damages.
Runwise has helped property owners generate over $75 million in savings while reducing carbon emissions. It has eliminated the equivalent of 60,000 cars from the road and reduced $87 million in Local Law 97 fines. The company’s customers include property management firms, co-op boards, and large real estate companies like The Related Companies, Lemle & Wolff, and Winn Residential.
The platform’s results are verified through published data, ensuring transparency. Property owners can access real-time analytics and control building systems remotely. Runwise also helps users identify utility rebates and financial incentives to reduce costs further.
With no upfront costs, buildings using Runwise generate an average of $1,725 in monthly profit. The platform continues to expand, offering solutions that improve building efficiency while meeting regulatory requirements.
History
Runwise was founded in 2010 in New York, United States, with the aim of improving heating and energy efficiency in buildings. The company identified inefficiencies in traditional boiler systems and developed a wireless, sensor-based platform to optimise heating control. The goal was to help property owners and managers reduce fuel consumption, lower costs, and comply with local energy regulations.
The company introduced a heat control system that combined machine learning, real-time monitoring, and remote access to boilers and heating systems. This technology enabled building owners to reduce energy waste and improve tenant comfort without requiring expensive infrastructure changes. Over time, Runwise expanded its platform to include other building management solutions, such as cooling system optimisation, flood detection, gas leak detection, toilet leak detection, and fire safety monitoring.
In its early years, Runwise focused on addressing heating inefficiencies in New York City, where old buildings often faced challenges in maintaining optimal temperature control. The company’s technology gained traction as property owners sought ways to comply with Local Law 87 and Local Law 84, which required energy audits and benchmarking for buildings. As more cities introduced energy efficiency regulations, the demand for smart building management solutions grew, and Runwise expanded its customer base.
By 2023, Runwise had installed its system in over 7,500 buildings, covering a wide range of residential and commercial properties. The company reported helping customers save more than $75 million in energy costs while significantly reducing carbon emissions. The technology eliminated the equivalent of 60,000 cars from the road and contributed to reducing $87 million in Local Law 97 fines.
Runwise developed partnerships with large property management firms and real estate organisations, including The Related Companies, Lemle & Wolff, Bettina Equities, Winn Residential, and the Lefrak Organization. The company continued to refine its platform, introducing improvements that allowed users to monitor energy use in real time, detect inefficiencies, and make data-driven decisions.
The company also worked with utilities and local governments to provide financial incentives and rebates for buildings implementing smart energy solutions. Runwise promoted its ability to offer significant savings without upfront costs, allowing buildings to see immediate financial benefits. With the introduction of demand response programmes, the platform enabled property managers to adjust energy consumption during peak hours, further optimising costs and efficiency.
By 2024, Runwise had become a leading platform for heating and building management, with thousands of customers using its technology to automate energy use and improve sustainability. The company continued expanding its services, focusing on enhancing building safety, preventing leaks, and integrating additional smart controls. Its wireless technology remained a key advantage, enabling quick installations and eliminating the need for extensive wiring and hardware.
Runwise remains focused on helping buildings comply with evolving energy regulations while reducing operational costs. The company continues to innovate, working on new solutions that provide real-time insights into building performance. With an increasing focus on energy efficiency and sustainability, Runwise aims to expand further, helping more buildings transition to smart control systems that improve efficiency, reduce waste, and lower costs.
Mission
Runwise aims to help buildings become more efficient by reducing energy waste, lowering costs, and improving safety. The company provides a smart platform that uses wireless sensors, real-time monitoring, and machine learning to optimise heating, cooling, and water systems. Runwise focuses on making building management easier for property owners and managers while ensuring compliance with local energy regulations. By offering solutions that require no major infrastructure changes, Runwise helps customers save money, reduce carbon emissions, and improve tenant comfort. The company is committed to providing reliable and cost-effective technology that enhances building performance and promotes sustainable energy use.
Vision
Runwise envisions a future where all buildings use smart technology to operate efficiently, reduce energy consumption, and lower environmental impact. The company strives to make smart building management accessible to property owners of all sizes, enabling them to save money and comply with evolving energy regulations. Runwise aims to lead the industry in wireless building controls, providing real-time solutions that improve efficiency and safety. By continuing to develop innovative and cost-effective systems, the company seeks to create a world where buildings are managed intelligently, resources are used efficiently, and sustainable energy practices become the standard in property management.
Recognition and Awards
Runwise has received recognition for its contributions to energy efficiency and smart building management. The company has been acknowledged for helping property owners reduce energy waste, lower costs, and comply with local energy regulations. Runwise has been featured in industry reports and energy sustainability programmes for its role in cutting fuel consumption and carbon emissions across thousands of buildings. Its technology has been praised by property management firms and city officials for improving building efficiency without requiring expensive upgrades. Runwise continues to gain recognition as a leading platform in smart building controls, helping buildings save money and operate sustainably.
Products and Services
Runwise provides a smart building management platform that helps property owners and managers improve energy efficiency, reduce costs, and ensure compliance with local energy regulations. The platform integrates wireless sensors, real-time monitoring, and machine learning to control heating, cooling, and water systems. Runwise’s technology replaces traditional, expensive control systems with a fully wireless solution that can be installed within a day. The company offers several key products and services to optimise building performance and enhance safety.
The Heating Control system is one of the core features of Runwise’s platform. It helps buildings improve boiler and steam system efficiency by using smart sensors that monitor temperature and adjust heating in real time. This reduces fuel consumption by 20-25% and improves tenant comfort. The system also prevents overheating, which can lead to unnecessary energy waste and high costs.
The Cooling Control feature ensures that chillers and cooling towers operate efficiently. The platform tracks cooling system performance and adjusts settings automatically to maintain optimal temperature levels. This reduces electricity usage and extends the life of cooling equipment. The system also helps property managers detect inefficiencies, such as cooling units running when they are not needed.
The Flood Detection service uses wireless sensors to identify leaks before they cause significant damage. These sensors are placed in areas prone to water leaks, such as basements and mechanical rooms. If a leak is detected, an alert is sent to the property manager, allowing for immediate action. This prevents costly repairs and protects tenants from water-related issues.
The Gas Leak Detection system alerts property managers to potential gas leaks before tenants report them. Gas leaks can lead to serious safety risks and expensive shutdowns. Runwise’s wireless sensors monitor gas levels and send real-time alerts if a leak is detected. This allows for quick responses, preventing disruptions and improving safety.
The Toilet Leak Detection feature helps reduce water waste by identifying running toilets. Small leaks in toilets can result in high water bills and wasted resources. Runwise’s sensors detect continuous water flow and notify management instantly. By fixing leaks quickly, property owners can save thousands of pounds each year on water costs.
The Smoke and Fire Detection system provides early warnings of potential fire hazards. Traditional smoke detectors only alert tenants inside a building, but Runwise’s smart detection system sends alerts to property managers as well. This ensures a faster response, even if no one is present in the building when a fire starts.
Runwise also offers a Rebate and Cost-Saving Programme, helping customers find financial incentives for upgrading to smart building controls. Many utility companies provide rebates for energy-efficient solutions, and Runwise helps property owners identify and apply for these savings.
With Real-Time Monitoring and Reporting, property managers can track energy use, detect inefficiencies, and make data-driven decisions. The platform provides live updates on building performance, allowing managers to adjust settings remotely.
Runwise’s products and services help buildings operate more efficiently, reduce costs, and meet sustainability goals. The platform continues to evolve, offering new features to improve building management while ensuring safety, comfort, and compliance with energy regulations.
References
- Runwise: Smart Controls| Runwise Inc.
- Runwise| LinkedIn · Runwise
- Runwise | Finally, a smarter way to run buildings| YouTube · Runwise | Finally, a smarter way to run buildings
- Runwise| Facebook · Runwise
- Runwise - Crunchbase Company Profile & Funding| Crunchbase
- Runwise - Company Profile| Tracxn
- Runwise NYC Office: Careers, Perks + Culture| Built In NYC
- Runwise raises $19 mln to improve buildings' energy| Reuters
- Runwise | Herbst Produkt Design| Herbst Produkt
- Runwise (@wearerunwise) • Instagram Instagram · wearerunwise
- How Smarter Buildings Fight Climate Change (with Runwise | YouTube · Garry Tan
- Runwise - Valuation, Funding & Investors - PitchBook|PitchBook
- Runwise Raises $19M in Series A funding Led by Fifth Wall| Business Wire
- Runwise saves money and the planet by educating dumb| TechCrunch
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Jonathan Auerbach (Co Founder, CEO)
Jeff Carlin (Co-Founder)
Andrew Todd (Co-Founder)
Charlie Cohn (Vice President, Operations)
Technology