Runwise raises $19 million to improve buildings' energy efficiency

FILE PHOTO: Runwise co-founders Lee Hoffman, Mike Cook and Jeff Carleton pose in this undated handout. Liesl Henrichsen/Runwise/Handout via REUTERS

(Reuters) - U.S.-based building technology firm Runwise said on Thursday it had raised $19 million in a funding round led by venture capital firm Fifth Wall, as it looks to tap into growing demand to make properties more environmentally friendly.

The Series A financing was also backed by several large real estate owners, including New York's Rudin and SOJA Ventures, the investment arm of the Swig family that owns Halstead and Brown Harris Stevens.