According to a recent LinkedIn post from Runwise, the company has introduced a Smart Toilet Monitoring product aimed at addressing water consumption, described as a major utility cost for many building operators. The post notes that the launch was marked by an event in New York attended by more than 150 customers and partners.
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The company’s LinkedIn post highlights commentary from CNBC’s Diana Olick and Menlo Ventures’ Steve Sloane on what makes real estate technology investments compelling, emphasizing solutions that address real operational problems for building managers. Industry participants from Douglas Elliman Property Management and other operators reportedly discussed day-to-day challenges and the capabilities they seek from building technology.
As shared in the LinkedIn post, Runwise positions Smart Toilet Monitoring as an extension of its existing heating controls platform, providing building operators with a more comprehensive view of system performance across their portfolios. The post suggests that the product is intended to help reduce water bills, citing an example of a potential 22% reduction in water costs, which could be meaningful for buildings operating on tight margins.
For investors, the content implies that Runwise is expanding its product suite deeper into water and utility management, which may enhance the stickiness and monetization potential of its platform among property managers. If the reported savings and operational benefits are validated at scale, this type of solution could support higher customer retention, increase cross-sell opportunities, and strengthen Runwise’s positioning within the broader real estate technology and building-efficiency market.