About ecobee
ecobee is a company based in Toronto (Canada) founded in 2007 was acquired by Generac Power Systems in November 2021. ecobee has raised $151.52 million across 11 funding rounds from investors including Carrier, AGL Energy and Just Energy. ecobee offers products and services including Smart Thermostat Premium, Smart Thermostat Enhanced, SmartSensor, and Smart Doorbell Camera. ecobee operates in a competitive market with competitors including Ooma, Vivint, ADT, Alarm.com and Ring Labs, among others.
- Headquarter Toronto, Canada
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Sectors
Business ServicesEnergy & Utilities Industrial Goods & Manufacturing Technology
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Email
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Phone
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Website
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Social
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- Legal Name Ecobee Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$151.52 M (USD)
in 11 rounds
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Latest Funding Round
$36.28 M (USD), Series C
May 31, 2018
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Investors
Carrier
& 15 more
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Employee Count
Not available
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Acquired by
Generac Power Systems
(Nov 01, 2021)
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Products & Services of ecobee
ecobee offers a comprehensive portfolio of products and services, including Smart Thermostat Premium, Smart Thermostat Enhanced, SmartSensor, and Smart Doorbell Camera.
Advanced smart thermostat for energy-efficient home temperature control.
Smart device for improved home heating and cooling automation.
Wireless sensor for monitoring rooms and enhancing home security.
Wired camera for outdoor surveillance and smart home integration.
People of ecobee
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Funding Insights of ecobee
ecobee has successfully raised a total of $151.52M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $36.28 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ecobee
ecobee has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Carrier, AGL Energy and Just Energy.
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Venture capital fund focused on growth-stage startups
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Investments are directed toward fintech, cybersecurity, and martech sectors.
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Investor details for ecobee
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Investments & Acquisitions by ecobee
Investment portfolio details for ecobee
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Financial Statements - ecobee
Detailed financials for ecobee
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Ecobee Comparisons
Peer comparison for ecobee
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Competitors of ecobee
ecobee operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ooma, Vivint, ADT, Alarm.com and Ring Labs, among others.
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Cloud-based business telephony and home security services are provided.
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Cloud-based smart security cameras are manufactured for home use.
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Cloud-based surveillance solutions for home and business security are provided.
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Cloud-based video intercoms and physical security systems are provided.
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Cloud-based video surveillance systems are provided for security monitoring.
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Detailed competitors of ecobee
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Latest news on Ecobee
Complete news archive for ecobee
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Frequently Asked Questions about ecobee
ecobee was founded in 2007.
ecobee is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
ecobee is a funded company, having raised a total of $151.52M across 11 funding rounds to date.
Ecobee was founded in 2007 in Toronto, Canada, and operates in the smart home technology sector. Thermostats are designed and developed for both residential and commercial applications, spanning multiple generations with touchscreen interfaces and companion mobile apps for control. Up to 32 remote sensors are supported to monitor temperature and occupancy, enabling adjustments to average room conditions. Smart switches with integrated occupancy and daylight sensors are also offered.
ecobee's top competitors include Ooma, Vivint and SimpliSafe.
ecobee offers Smart Thermostat Premium, Smart Thermostat Enhanced, SmartSensor, and Smart Doorbell Camera.
ecobee has 16 investors. Key investors include Carrier, AGL Energy, Just Energy, Generac Power Systems, and Northleaf.