Fifth Wall led a $19m Series A round in Runwise.

Fifth Wall, a venture capital firm, led a $19m Series A round in Runwise, a building control company, with participation from Rudin Management, SOJA Ventures, Friedman, MCJ Collective, Derive Ventures, Helium-3, Silence VC, The Cannon Project and Waterman Ventures. “There is an aging building infrastructure crisis in the US. 45% of carbon emissions in most cities come from inefficient building operations, and almost all of these buildings are running on antiquated control infrastructure designed in the 1970s.” Jeff Carleton, Runwise CEO.