Runwise
Financials
Estimates*
USD | 2020 | 2021 |
---|---|---|
Revenues | 1.1m | 3.7m |
% growth | - | 252 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $5.2m | Early VC | |
* | $11.0m | Late VC | |
* | $19.0m | Series A | |
* | $11.0m | Early VC | |
* | N/A | Debt | |
Total Funding | CAD63.1m |
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Recent News about Runwise
EditRunwise is a pioneering startup that specializes in optimizing heating systems for buildings through its advanced wireless control, sensor network, and software platform. The company serves a diverse range of clients, including residential, commercial, and industrial property owners and managers. By leveraging its technology, Runwise helps these clients reduce heating costs, improve comfort, and cut carbon emissions.
Operating in the building management and energy efficiency market, Runwise offers a unique solution that integrates seamlessly with any centrally heated building. The platform provides real-time monitoring and alerts, enabling property managers to detect and resolve issues instantly. This proactive approach not only saves money but also minimizes time and hassle for building operators.
Runwise's business model is based on a subscription service, where clients pay for access to the platform and its features. The company generates revenue through these subscriptions, as well as through potential utility rebates that clients can earn by improving their energy efficiency. Additionally, the platform's ability to deliver significant cost savings on energy bills makes it an attractive investment for property owners.
The company's commitment to customer support is evident in its 24/7 real-time human assistance, ensuring that clients receive immediate help whenever needed. This high level of service, combined with the tangible benefits of cost savings and improved building management, has earned Runwise the trust of thousands of properties.
In summary, Runwise offers a smarter way to manage building heating systems, providing financial savings, enhanced comfort, and environmental benefits.
Keywords: wireless control, sensor network, software platform, heating systems, energy efficiency, cost savings, real-time monitoring, utility rebates, building management, customer support.