Runwise is a New York-based technology company that specializes in smart building management solutions, pioneering a modernization of building operations through an integrated hardware and software platform. Founded in 2018 by Lee Hoffman, Jeff Carleton, and Mike Cooke, the company emerged from practical experience in property management, particularly Jeff Carleton’s oversight of a 150-building portfolio in New York City, which revealed inefficiencies in traditional building operations[1][3]. Runwise's core innovation lies in its wireless control technology, which replaces complex, costly, and time-consuming installations involving extensive wiring and plumbing with a system that installs in less than a day and features devices with a 10-year battery life. This ease of installation and reliability sets Runwise apart, enabling it to penetrate over 7,500 buildings nationally without requiring upfront costs from customers, who begin generating profits from energy savings in the first month[2]. The company’s mesh-connectivity approach avoids expensive WiFi upgrades, making its solution both cost-effective and scalable[1]. Runwise delivers significant value by achieving 20-30% energy savings while requiring minimal changes to existing building infrastructure. Its platform also enhances operational efficiency by allowing property managers to remotely diagnose issues, shift maintenance from reactive to proactive, and improve tenant comfort. Beyond heating control, Runwise is expanding into cooling optimization, gas leak detection, toilet leak detection, and smart smoke/fire detection, aiming to create a connected cloud platform for buildings akin to an industrial IoT ecosystem[1][4]. The company’s business model includes a subscription fee aligned with ongoing service and support, contrasting with legacy vendors' high upfront equipment costs and poor customer engagement post-installation[2]. Runwise’s transparent performance tracking and strong ROI focus have earned it industry-leading customer retention and millions of dollars in energy savings for its clients, positioning it as a leading player in the smart building technology sector[1][4].