Runwise: Funding, Investors & Team (Aug 2026)
Runwise is a unique wireless control, sensor network, and software platform to operate heating systems better. Runwise is one of the nation’s leading building control services. Runwise’s mission is to enable buildings to run more efficiently using intelligent and easy-to-install wireless hardware and software. Runwise was started in 2010 by Jeff Carleton and Lee Hoffman.
Runwise has raised $60.1M across 4 funding rounds on record, the most recent a Series B of $30.0M announced in Jun 2025.
That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.
Runwise Company Profile and Key Stats
Latest funding round on record: Jun 2025.
Runwise Funding Rounds
Runwise raised $11.0M in an undisclosed round announced in Dec 2021.
4 months later, an undisclosed round of $100k was announced in Apr 2022.
7 months later, a Series A of $19.0M was announced in Nov 2022.
2.6 years later, a Series B of $30.0M was announced in Jun 2025.
Runwise Founders and Leadership Team
Contact details for the Runwise team: 2 of 3 have an email address on file.
Start 14-day free trial →Runwise Funding Compared to Other Hardware Startups
Runwise's latest round of $30.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.
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Runwise Funding FAQs
What does Runwise do?
Runwise is a unique wireless control, sensor network, and software platform to operate heating systems better. Runwise is one of the nation’s leading building control services. Runwise’s mission is to enable buildings to run more efficiently using intelligent and easy-to-install wireless hardware and software. Runwise was started in 2010 by Jeff Carleton and Lee Hoffman.
How much funding has Runwise raised?
Runwise has raised $60.1M across 4 rounds on record. The most recent is a Series B of $30.0M announced in Jun 2025.
When did Runwise last raise funding?
Runwise's most recent funding round on record is a Series B of $30.0M, announced in Jun 2025.
Who founded Runwise?
FundedIQ lists Lee Hoffman (Founder), Michael Cook (Founder) at Runwise.
Who is the CEO of Runwise?
Jeffrey Carleton is listed as CEO at Runwise.
Where is Runwise headquartered?
Runwise is based in New York, United States.
How many employees does Runwise have?
Runwise is in the 11-50 employee band.
How does Runwise's funding compare to other Hardware startups?
Runwise's latest round of $30.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.
About FundedIQ's Runwise Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Runwise is left off this page rather than filled in.
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