Runwise Secures $55 Million to Revolutionize Building Operations
June 10, 2025, 9:34 pm
Location: United Kingdom, England, Warwick
Employees: 10001+
Founded date: 1990
Total raised: $150M
In a world where buildings often resemble relics of the past, Runwise is leading a charge toward a smarter future. The New York City-based company recently announced a significant milestone: a $55 million Series B funding round. This infusion of capital, led by Menlo Ventures, signals a robust vote of confidence in Runwise’s vision for transforming building operations.
Runwise isn’t just another tech startup. It’s a pioneer in the realm of smart operating systems for buildings. With this latest funding, the company aims to enhance product innovation, expand its team, and penetrate new markets. The total funding raised by Runwise now stands at $79 million, a testament to its rapid growth and the increasing demand for intelligent building solutions.
The funding round attracted notable investors, including MassMutual Ventures, Nuveen Real Estate, Multiplier Capital, and Munich Re Ventures. Returning backers like Soma Capital, Alumni Ventures, Helium-3, Cooley, and Fifth Wall also participated, underscoring the strong belief in Runwise’s potential. The round was twice oversubscribed, a clear indication that investors are eager to back a company that promises to redefine how buildings operate.
Runwise’s platform is a symphony of technology. It integrates proprietary hardware, wireless connectivity, and cloud-based software to automate and optimize building operations. Imagine a conductor leading an orchestra, where each instrument plays in harmony to create a beautiful melody. That’s what Runwise does for buildings—turning outdated systems into efficient, responsive environments.
The company’s impact is already palpable. With installations in over 10,000 buildings across the United States, Runwise serves more than 1,000 customers, including major real estate owner-operators like Related, Equity Residential, and the Port Authority. These buildings have collectively saved over $100 million in energy costs. That’s not just a number; it’s a testament to the tangible benefits of smart technology.
Runwise’s approach is not just about saving money; it’s about creating a sustainable future. Many buildings still operate on technology from the 1960s, wasting resources and contributing to environmental degradation. Runwise aims to change that narrative. Its solutions promise rapid deployment and a payback period of under five months, making the economics of smart building systems not just feasible but attractive.
The company’s growth trajectory is impressive. Since its inception, Runwise has expanded over 30 times and is on track to nearly double its growth again this year. This surge is driven by a market hungry for solutions that deliver real return on investment, operational simplicity, and a positive environmental impact. In a landscape where efficiency is king, Runwise stands out as a beacon of innovation.
The addition of Steve Sloane, a partner at Menlo Ventures, to Runwise’s Board of Directors marks another strategic move. His experience and insights will undoubtedly help steer the company toward its ambitious goals. Sloane’s enthusiasm for Runwise’s mission reflects a broader trend in the industry: the merging of artificial intelligence with the built environment. As buildings become smarter, the potential for efficiency and sustainability grows exponentially.
Runwise’s vision is clear. It seeks to rebuild the infrastructure of our cities—not with bricks and mortar, but with software. This shift is not just a technical upgrade; it’s a fundamental change in how we think about our living and working spaces. The company is poised to become the global default for the real estate industry, bridging the gap between traditional building management and cutting-edge technology.
The benefits of Runwise’s platform extend beyond mere energy savings. Building operators report significant improvements in comfort and manageability. In many cases, installations have led to energy savings of up to 30%. This trifecta of affordability, operational efficiency, and environmental responsibility positions Runwise as a leader in the smart building revolution.
As we look to the future, the importance of intelligent building systems cannot be overstated. The next decade will likely see a bifurcation in the industry: companies that drive AI innovation and those that enable it to transform the physical world. Runwise is strategically positioned at this intersection, ready to lead the charge.
In conclusion, Runwise’s recent funding round is more than just a financial boost; it’s a catalyst for change. With a commitment to innovation and sustainability, the company is redefining what it means to operate a building in the 21st century. As cities evolve, so too must the systems that support them. Runwise is not just keeping pace; it’s setting the tempo for a smarter, more efficient future. The journey has just begun, and the possibilities are limitless.
Runwise isn’t just another tech startup. It’s a pioneer in the realm of smart operating systems for buildings. With this latest funding, the company aims to enhance product innovation, expand its team, and penetrate new markets. The total funding raised by Runwise now stands at $79 million, a testament to its rapid growth and the increasing demand for intelligent building solutions.
The funding round attracted notable investors, including MassMutual Ventures, Nuveen Real Estate, Multiplier Capital, and Munich Re Ventures. Returning backers like Soma Capital, Alumni Ventures, Helium-3, Cooley, and Fifth Wall also participated, underscoring the strong belief in Runwise’s potential. The round was twice oversubscribed, a clear indication that investors are eager to back a company that promises to redefine how buildings operate.
Runwise’s platform is a symphony of technology. It integrates proprietary hardware, wireless connectivity, and cloud-based software to automate and optimize building operations. Imagine a conductor leading an orchestra, where each instrument plays in harmony to create a beautiful melody. That’s what Runwise does for buildings—turning outdated systems into efficient, responsive environments.
The company’s impact is already palpable. With installations in over 10,000 buildings across the United States, Runwise serves more than 1,000 customers, including major real estate owner-operators like Related, Equity Residential, and the Port Authority. These buildings have collectively saved over $100 million in energy costs. That’s not just a number; it’s a testament to the tangible benefits of smart technology.
Runwise’s approach is not just about saving money; it’s about creating a sustainable future. Many buildings still operate on technology from the 1960s, wasting resources and contributing to environmental degradation. Runwise aims to change that narrative. Its solutions promise rapid deployment and a payback period of under five months, making the economics of smart building systems not just feasible but attractive.
The company’s growth trajectory is impressive. Since its inception, Runwise has expanded over 30 times and is on track to nearly double its growth again this year. This surge is driven by a market hungry for solutions that deliver real return on investment, operational simplicity, and a positive environmental impact. In a landscape where efficiency is king, Runwise stands out as a beacon of innovation.
The addition of Steve Sloane, a partner at Menlo Ventures, to Runwise’s Board of Directors marks another strategic move. His experience and insights will undoubtedly help steer the company toward its ambitious goals. Sloane’s enthusiasm for Runwise’s mission reflects a broader trend in the industry: the merging of artificial intelligence with the built environment. As buildings become smarter, the potential for efficiency and sustainability grows exponentially.
Runwise’s vision is clear. It seeks to rebuild the infrastructure of our cities—not with bricks and mortar, but with software. This shift is not just a technical upgrade; it’s a fundamental change in how we think about our living and working spaces. The company is poised to become the global default for the real estate industry, bridging the gap between traditional building management and cutting-edge technology.
The benefits of Runwise’s platform extend beyond mere energy savings. Building operators report significant improvements in comfort and manageability. In many cases, installations have led to energy savings of up to 30%. This trifecta of affordability, operational efficiency, and environmental responsibility positions Runwise as a leader in the smart building revolution.
As we look to the future, the importance of intelligent building systems cannot be overstated. The next decade will likely see a bifurcation in the industry: companies that drive AI innovation and those that enable it to transform the physical world. Runwise is strategically positioned at this intersection, ready to lead the charge.
In conclusion, Runwise’s recent funding round is more than just a financial boost; it’s a catalyst for change. With a commitment to innovation and sustainability, the company is redefining what it means to operate a building in the 21st century. As cities evolve, so too must the systems that support them. Runwise is not just keeping pace; it’s setting the tempo for a smarter, more efficient future. The journey has just begun, and the possibilities are limitless.