How Runwise is Revolutionizing Building Efficiency Amid Record Summer Heat
Cnbc1 day ago
850

How Runwise is Revolutionizing Building Efficiency Amid Record Summer Heat

Green Technology
greentech
energyefficiency
startup
ai
realestate
Share this content:

Summary:

  • Runwise uses weather algorithms and sensor networks to optimize building temperatures

  • Installed in 10,000+ buildings, saving $100 million in energy costs

  • Recently secured $55 million in Series B funding to expand and integrate AI

  • Major clients include Related, Equity Residential, and National Grid

  • Addresses inefficiencies in traditional centralized temperature controls

Runwise: A Game-Changer in Building Efficiency

As record-breaking temperatures sweep across the nation, the demand for efficient cooling in commercial real estate has never been higher. Runwise, a New York-based tech startup, is at the forefront of addressing this challenge with its innovative hardware/software platform designed to optimize building temperatures and reduce energy waste.

The Problem with Traditional Systems

Most large buildings operate on centralized temperature controls, leading to inefficiencies where some areas are too hot while others are too cold. This not only affects comfort but also results in unnecessary energy consumption and carbon emissions.

Runwise's Innovative Solution

Runwise combines future weather algorithms with a wireless temperature sensor network that communicates with a central control system. This system analyzes data in real-time to adjust heating and cooling operations efficiently.

  • Example: A 100,000-square-foot building might have just one boiler. Runwise installs 20-25 sensors to gather temperature data, ensuring the boiler runs only when necessary.

Impact and Growth

  • Installed in over 10,000 buildings across 10 states.
  • 1,000+ customers, including major real estate players like Related, Equity Residential, and National Grid.
  • $100 million saved in energy costs to date.

Recent Funding and Future Plans

Runwise recently secured $55 million in Series B funding, bringing its total funding to $79 million. The startup plans to expand nationwide and integrate AI to further enhance its algorithms.

"We're collecting data from more buildings to build advanced models for efficiency," said Jeff Carleton, co-founder and CEO of Runwise.

Comments

0
0/300
Newsletter

Subscribe our newsletter to receive our daily digested news

Join our newsletter and get the latest updates delivered straight to your inbox.

ListMyStartup.app logo

ListMyStartup.app

Get ListMyStartup.app on your phone!