-12%

est. 2Y upside i

Vertical SaaSSeries B

Runwise monitors and automatically controls and monitors heating and water systems for large residential and commercial buildings.

Rank

#2578

Sector

PropTech

Est. Liquidity

~5Y

Data Quality

Data: Low

Equity upside potential is highly uncertain due to missing financial data (current valuation, growth rate).

Last updated: July 3, 2026

Bull (15%)+152%

Runwise achieves category leadership with IPO or acquisition, exit multiple expands to 5x forward revenue. Projected $80M revenue yields $400M exit, net of 15% dilution delivering ~152% upside.

Base (55%)-8%

Exit multiple converges to 2x forward revenue, $160M exit before dilution. After 15% dilution, upside becomes -8.3% relative to $150M entry valuation.

Bear (30%)-100%

Exit multiple compresses to 1x forward revenue ($80M) or below. Preference stack of $79M wipes out common stock, resulting in -100% return.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

5270%

Total funding of $79M implies a 53% preference overhang relative to estimated $150M entry valuation.

Dilution Risk

high

Capital-intensive model may require another round within 24 months, diluting common by 15-25%.

Secondary Liquidity

none

No secondary implied valuation reported, suggesting no active market.

Other — 14 roles

View all 14 open roles at Runwise →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Runwise's data — designed to show you've done your homework.

  • 1

    “How does Runwise plan to compete against incumbent building automation giants like Honeywell?”

  • 2

    “What is the current ARR growth rate and path to profitability?”

  • 3

    “How frequently do secondary market transactions occur and at what valuations?”

Community

Valuation Sentiment

Our model estimates -12% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.