About ecobee
ecobee is a Business Services company based in Toronto (Canada) founded in 2007, and was acquired by Generac Power Systems in November 2021. Provider of smart thermostats for commercial and residential applications. It operates in the Business Services, Energy & Utilities, and Industrial Goods & Manufacturing sectors. ecobee has raised $151.52 million across 11 funding rounds from investors including Carrier, AGL Energy and Just Energy. Its website ecobee.com draws about 1.4 million monthly visits. ecobee offers products and services including Smart Thermostat Premium, Smart Thermostat Enhanced, SmartSensor, and Smart Doorbell Camera. Its focus areas include High Tech, Smart Homes, Smart Home Suite and Internet First Brands. Its legal entity is ECOBEE INC.
Company details
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.
- Headquarters Toronto, Canada
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Industrial Goods & Manufacturing Technology
- Website category Computers Electronics and Technology
- Email••••••••
- Phone•••• ••••
- Website ecobee.com/en-us
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Generac Power Systems (Nov 2021)
- Legal Name Ecobee Inc.
- Total Equity Funding$151.52M (USD)
in 11 rounds
- Latest Funding Round$36.28M (USD), Series C
May 2018
- InvestorsCarrier
& 15 more
- Acquired byGenerac Power Systems
(Nov 2021)
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.
Apps and channels of ecobee
ecobee publishes 2 mobile apps with over 1M+ downloads; its YouTube channel ecobee has 10.4K subscribers.
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.
- Total Funding $151.52M
- Total Rounds 11
- Last Round Series C — $36.28M
- First Round $2.58M
(Jan 2007)
- Investors Count 15
Latest 10 of 11 funding rounds of ecobee with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $36.28M | Series C | – | Caisse de depot et placement du Quebec, AGL | – |
| Mar 2018 | $61M | Series C | – | Energy Impact Partners | |
| Dec 2016 | $267,012 | Series C | – | – | – |
| Aug 2016 | $35M | Series C | – | – | |
| Jan 2015 | Series B | – | Carrier | – | |
| Aug 2012 | $7.5M | Series B | – | Just Energy | |
| Jan 2010 | $6.54M | Series A | – | Tech Capital Partners, Venture Ontario | |
| Feb 2008 | $100,000 | Seed | – | – | – |
| Nov 2007 | $750,000 | Seed | – | – | – |
| Oct 2007 | $1.5M | Seed | – | Relay Ventures | – |
16 investors in total: 16 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment strategies are provided across diverse asset classes and markets. | 1965 | cdpq.com | Quebec City, Canada | |
Venture capital fund focused on growth-stage startups | energyimpactpartners.com | New York, United States | ||
Investments are directed toward fintech, cybersecurity, and martech sectors. | thomvest.com | San Francisco, United States | ||
Private fund focused on equity, secondary market, fund of funds, and multiple investments | 2009 | northleafcapital.com | Toronto, Canada | |
Early-stage VC firm investing in the US & Canada | techcapital.com | Waterloo, Canada | ||
Early-stage venture capital investments are provided by Relay Ventures. | relayventures.com | Toronto, Canada | ||
| alexafund.com | Seattle, United States | |||
Investments in multiple sectors are made by Venture Ontario. | ventureontario.ca | Toronto, Canada | ||
Venture capital is invested in North American tech companies. | investeco.com | Toronto, Canada | ||
Renewable energy utilities are supplied by AGL in Australia. | 1837 | agl.com.au | Melbourne, Australia |
Investor details for ecobee
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of ecobee
235 people are tracked at ecobee (24 in leadership, 211 in team).
| Name | Role | Group |
|---|---|---|
Casey McKinnon | VP of Product | Leadership |
Scott Cleaver | COO | Leadership |
Tom Kirby | Director, Brand And Marketing Operations | Leadership |
Andree Gosselin O'Meara | VP Customer Support | Leadership |
John Healy | Sr Director, Engineering | Leadership |
Daniela Amorim Cpa, Ca | Senior Director Finance | Leadership |
Pratik Shah | Vice President Finance | Leadership |
Michael Sinclair | Director Of Product, Energy | Leadership |
Stephanie Kessler | Director, Human Resources | Leadership |
Jean-Luc Dery | VP Of Engineering | Leadership |
Mark Malchiondo | VP of Software Development | Leadership |
Bill Wood | VP of Manufacturing | Leadership |
Loretta Ryan | Art Director | Leadership |
Chrp Anu Sharma | Senior HR Business Partner | Leadership |
Adam Welton | Senior Director, Channel Marketing - Pro & Retail | Leadership |
Julie Gass | Sr. Director, Ecommerce | Leadership |
Nicole Avery | Vice President & Head Of Marketing | Leadership |
Philip Cheng | Chief Financial Officer | Leadership |
David Lynch | Senior Director, Mechanical Engineering | Leadership |
Mark Strofton | Director Of Engineering | Leadership |
215 more people are available in the full profile.
Complete people profiles for ecobee
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Timeline of ecobee
4 dated milestones of ecobee across 14 years, from founding to its latest funding, stage changes and deals.
- Founded ecobee is founded.
- Funding First funding round of $2.6M.
- Funding Latest funding round, Series C, of $36.3M.
- Exit Acquired by Generac Power Systems.
Web traffic of ecobee
The website of ecobee (ecobee.com) receives about 1.4M visits a month and ranks #25,332 among all websites worldwide, #3,223 in Computers Electronics and Technology.
- Monthly visits1.4M
▼ 18.2% vs previous month
- Unique visitors710.7K
per month
- Global rank#25,332
among all websites
- Category rank#3,223
Computers Electronics and Technology
- Bounce rate30%
- Pages per visit5.3
- Average visit2 min 17 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with ecobee. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| radiothermostat.com | 100% | View details | |||
| nest.com | 100% | 5.6M | #9,586 | View details | |
| homeauto.com | 96% | View details | |||
home-assistant.io | home-assistant.io | 90% | #6,528 | – | |
| imgur.com | 87% | 73.6M | #569 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for ecobee
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- 40 similar websites
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- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about 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. The company's 1st funding round was a Seed of $1.5M, raised on Jan 2007.
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 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.
ecobee operates through Ecobee Inc..
Yes. ecobee was acquired by Generac Power Systems in November 2021.
Yes. ecobee publishes ecobee and 1 more app, with over 1 million downloads.
The website of ecobee receives about 1.4 million visits a month and ranks #25,332 among all websites worldwide.