About EcoFactor
EcoFactor is a company based in Redwood City (United States) founded in 2006. EcoFactor has raised $30.99 million across 5 funding rounds from investors including NRG Energy, Aster and RockPort Capital. EcoFactor offers products and services including Proactive Energy Efficiency, Optimized Demand Response, and HVAC Performance Monitoring. EcoFactor operates in a competitive market with competitors including ecobee, Enel X, Particle, Signify and Landis+Gyr, among others.
- Headquarter Redwood City, United States
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Sectors
Business ServicesEnergy & Utilities
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Phone
Locked
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Website
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Social
Locked
- Legal Name Ecofactor 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
$30.99 M (USD)
in 5 rounds
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Latest Funding Round
$7.1 M (USD), Series C
Jun 01, 2015
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Investors
NRG Energy
& 4 more
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Employee Count
Not available
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Products & Services of EcoFactor
EcoFactor offers a comprehensive portfolio of products and services, including Proactive Energy Efficiency, Optimized Demand Response, and HVAC Performance Monitoring.
Automates thermostat for maximum energy savings and comfort.
Manages energy use to reduce costs during peak periods.
Tracks and optimizes heating and cooling systems efficiency.
People of EcoFactor
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Software Development Team
251 people
Sales and Marketing
73 people
Leadership Team
47 people
Human Resources and Administration
43 people
Product Management Team
43 people
Finance and Accounting
39 people
Senior Team
22 people
Legal and Compliance
20 people
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Funding Insights of EcoFactor
EcoFactor has successfully raised a total of $30.99M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $7.1 million completed in June 2015. 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 EcoFactor
EcoFactor has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include NRG Energy, Aster and RockPort Capital.
| Investor | Description | Founded Year | Domain | Location |
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Stage-agnostic venture capital investments are made in US companies.
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Aster is engaged in venture capital for deep tech and climate solutions.
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Seed and early-stage venture capital firm investing in digital solutions for healthcare and energy industries.
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Investor details for EcoFactor
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Investments & Acquisitions by EcoFactor
Investment portfolio details for EcoFactor
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- Transaction dates
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Financial Statements - EcoFactor
Detailed financials for EcoFactor
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- Historical revenue
- Profit trends
- Statement rows
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Ecofactor Comparisons
Peer comparison for EcoFactor
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- Headcount comparison
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Competitors of EcoFactor
EcoFactor 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 ecobee, Enel X, Particle, Signify and Landis+Gyr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of smart thermostats for commercial and residential applications
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Utility-scale renewable energy projects are developed by Enel X.
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Detailed competitors of EcoFactor
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Latest news on Ecofactor
Complete news archive for EcoFactor
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Frequently Asked Questions about EcoFactor
EcoFactor was founded in 2006 and raised its 1st funding round 3 years after it was founded.
EcoFactor is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
EcoFactor is a funded company, having raised a total of $30.99M across 5 funding rounds to date.
EcoFactor was established in 2006 in Redwood City, United States, within the home energy sector. A SaaS engine is employed to gather, store, and analyze data from homes, weather stations, and geographic sources. Focus is placed on heating, ventilation, and air conditioning systems. Energy efficiency, demand response, diagnostics, and recommendations are supplied through analytics. Utilities, energy retailers, and home services providers are served across residential markets.
EcoFactor offers Proactive Energy Efficiency, Optimized Demand Response, and HVAC Performance Monitoring.
EcoFactor has 5 investors. Key investors include NRG Energy, Aster, RockPort Capital, Claremont Creek Ventures, and Cleantech Open.