Runwise | LinkedIn (original) (raw)

About us

Runwise is the first end-to-end boiler and heating system management platform. The company combines a proprietary heat computer and sensor network, machine learning systems, and a team of trained boiler experts, to reduce fuel consumption by an average of 20-25% across 6,000 buildings around New York City. Runwise's customers include some of the smallest owners, all the way up to the biggest, including The Related Companies, Lemle & Wolff, Bettina Equities, Winn Residential and the Lefrak Organization. Runwise's platform is the only end-to-end boiler monitoring and management system that saves owners money, increases tenant comfort, and radically lowers carbon output across New York City.

Industry

Real Estate

Company size

51-200 employees

Headquarters

New York, NY

Type

Privately Held

Founded

2010

Specialties

Local Law 87, Local Law 84, and Boiler Management

Locations

Employees at Runwise

Updates

Great to partner with Innovation Labs and really proud to be working on this with the MTA!
🎉 Runwise, a New York based company using wireless controls to help buildings operate their heating and water systems more efficiently, is further expanding its partnership with the Metropolitan Transportation Authority to cut carbon emissions and save money. Results to date: ✨ Transit Tech Lab Pilot: Runwise installed 170 sensors across 7 MTA buildings, resulting in an average 40% reduction in fuel usage and 140,000infuelsavingswhencomparedtotheprioryear’sweather−adjustedheatinglevels.✨PostPilot:InOctober2023,theMTAscaledRunwise’stechnologyto4additionalbuildings.Byreducingexcessfuelconsumptioninthese11MTAbuildings,Runwise:💲IsprojectedtosavetheMTA140,000 in fuel savings when compared to the prior year’s weather-adjusted heating levels. ✨ Post Pilot: In October 2023, the MTA scaled Runwise’s technology to 4 additional buildings. By reducing excess fuel consumption in these 11 MTA buildings, Runwise: 💲 Is projected to save the MTA 140,000infuelsavingswhencomparedtotheprioryear’sweather−adjustedheatinglevels.✨PostPilot:InOctober2023,theMTAscaledRunwise’stechnologyto4additionalbuildings.Byreducingexcessfuelconsumptioninthese11MTAbuildings,Runwise:💲IsprojectedtosavetheMTA400k annually in fuel costs. 🚗 Eliminated 1,185 metric tons of CO2 emissions —the equivalent to taking 282 cars off the road Now, Runwise will further expand its wireless control system to ~38 additional buildings and anticipates delivering $1.4M in annual savings for the MTA. Congratulations to Runwise and the Metropolitan Transportation Authority for this #climatesuccess #alumniachievements #climatetech
Runwise reposted this

Co-Founder & President at Runwise - Helping make 6,000+ buildings cut energy costs, carbon output, and hassles. Formerly Co-Founder & CEO at Veri / Memoir (Acquired 2017, The Knot)
3w Edited
I spoke with The Real Deal about the Gas Apocalypse that might be coming to NYC in 2025. Here’s what it’s all about (I’ll link to the piece in the comments). Starting next year when Local Law 157 takes effect, most landlords in New York City will need to install natural gas detectors in every unit with a gas appliance. Some landlords are concerned about massive, unnecessary expenses and prolonged gas shutoffs that may come with this rule. So what’s wrong with catching gas leaks? Here’s the real issue: Some gas leak detectors are too sensitive. Gas stoves can leak a miniscule amount of gas even when turned off, which could set these alarms off unnecessarily. Any leak must be fixed, but in a very particular way. One NYC landlord, Edward Wydra, explained it like this: “A 20gasflexpipecouldendupcosting20 gas flex pipe could end up costing 20gasflexpipecouldendupcosting4,000, because you need a licensed plumber to perform a gas test with the Department of Buildings before turning the gas back on.” A building in Washington Heights went more than a year without gas due to a minor leak. An alarm being set off by even a minor leak, which could usually be fixed inexpensively, could lead to hundreds of thousands or millions of dollars in repairs, and months of compliance work with city officials before getting the gas turned back on. A nightmare for tenants and landlords. We’ve actually come up with a solution for this problem: Smart sensors that detect the leaks and alerts management BEFORE the point of a gas shutoff. The landlord mentioned in the Real Deal article, Edward, actually just signed up for Runwise’s gas sensors in his building. I’ll keep you updated on how it goes for him. Thanks Mariam Lobjanidze for including me in the story!
Buildings account for 40% (sometimes more) of the carbon emissions in cities. Our CEO and Co-Founder, Jeffrey Carleton, explains what our product does: We provide a way to significantly cut back building emissions and reduce energy costs, simply by running building systems more efficiently. For the impact you get, Runwise smart controls are the lowest cost investment you can make towards energy efficiency.
Everyone wants to make big cuts in their building's energy costs, and that usually leads to debates about major energy efficiency projects that cost a fortune. Often, over-looked, boring maintenance and no/low cost changes can cut 30-40% off an energy budget. In the video, Jeffrey Carleton, our CEO and Co-Founder, makes this point at the Energy Efficiency Speaker Series event we held last week. You don't always have to spend a ton of money or take on enormous projects to improve your building's energy use.
Should your building go all electric right now or wait until sometime in the future? We had a solid discussion about this at our Energy Efficiency Speaker Series event last week - it's something everyone in real estate is talking about across the country. In the video below, John Skipper, Director of Energy Management at FirstService Energy, sums up where the discussion ultimately landed with everyone - it probably doesn't make sense to take the big electrification step if your existing system still has life in it and room for efficiency improvement. Get the most out of what you've got right now and start planning ahead for the big electrification project (that may still be years down the road).
Our Energy Efficiency Speaker Series event last week provided so many actionable tips for cutting energy costs this heating season. One example that Dan Levy from Approved Oil gave is to make sure your steam system is properly vented. In the video below he explains, if the system isn't vented properly, it means your boiler is running far more than it needs to - which means you're spending thousands more on your heating bills than you should be.
Thanks John Skipper, Dan levy, and Christopher lima for leading discussions today at the kickoff for our speaker series on energy efficiency! And thanks to all the energy consultants from around the city that made it out to the event. We're looking forward to the next one!
Buildings are not prepared for extreme weather and climate. Most are operating on antiquated technology from 50+ years ago and are not capable of detecting issues or adapting in real time to extreme conditions. As extreme weather has increased in frequency and intensity, this has become a tangible problem not just for building owners, but for those living and working in the buildings. In the article below, our president and cofounder, Lee Hoffman, talks about where the industry is headed and what can be done today to make buildings safer, cost less to operate, and more environmentally responsible.

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Runwise | LinkedIn (original) (raw)

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