About EcoFactor
EcoFactor is a Business Services company based in Redwood City (United States) founded in 2006. Residential energy management is enabled by data analytics platform. It operates in the Business Services and Energy & Utilities sectors. 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. Its focus areas include Energy Tech, Energy Efficiency Tech, Energy Management System and HVAC Management. Its legal entity is ECOFACTOR INC. Its competitors include Enel X, Particle and MRI Software; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Redwood City, United States
- SectorsBusiness ServicesEnergy & Utilities
- Website ecofactor.com
- Social LinkedIn X Facebook
- Legal Name Ecofactor Inc
- Total Equity Funding$30.99M (USD)
in 5 rounds
- Latest Funding Round$7.1M (USD), Series C
Jun 2015
- InvestorsNRG Energy
& 4 more
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.
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.
- Total Funding $30.99M
- Total Rounds 5
- Last Round Series C — $7.1M
- First Round $250,000
(Nov 2009)
- Investors Count 5
All 5 funding rounds of EcoFactor 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 |
|---|---|---|---|---|---|
| Jun 2015 | $7.1M | Series C | – | – | – |
| Oct 2013 | $10M | Series B | – | NRG Energy | |
| Oct 2012 | $8M | Series B | – | Aster | |
| Apr 2010 | $5.89M | Series A | – | RockPort Capital | |
| Nov 2009 | $250,000 | Grant | – | – |
5 investors in total: 5 institutional.
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 |
|---|---|---|---|---|
Stage-agnostic venture capital investments are made in US companies. | rockportcap.com | Boston, United States | ||
Aster is engaged in venture capital for deep tech and climate solutions. | 2000 | aster.com | Paris, France | |
Seed and early-stage venture capital firm investing in digital solutions for healthcare and energy industries. | claremontcreek.com | |||
Cleantech startups are supported through a global accelerator program. | 2005 | cleantechopen.org | Los Angeles, United States | |
Energy generation and storage are managed on a large scale. | 1989 | nrg.com | Princeton, United States |
Investor details for EcoFactor
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
Verified entity values are shown only after access is granted.
People of EcoFactor
760 people are tracked at EcoFactor (156 in leadership, 11 in board & advisors, 593 in team).
| Name | Role | Group |
|---|---|---|
Mairéad Magner | SVP & Chief Human Resources Officer | Leadership |
Carrie Ruddy | SVP & Chief Communications & Marketing Officer | Leadership |
Costantino Florio | Engineering Director | Leadership |
Hillary Gray | Director Of Innovation | Leadership |
Dean Evans | Director Of Cloud And Infrastructure Architecture | Leadership |
Bryan Davenport | Vice President, Independent Distribution | Leadership |
Jessica Klomparens | Sr. Director, Global Executive Compensation & Benefits | Leadership |
Kirby Bicknell | Director Of Engineering | Leadership |
Trey Hendricks | Director Of International Logistics Operations | Leadership |
Judy Welsh | HR Solutions Partner, Canada | Leadership |
Claire Delecolle | Senior Finance Business Partner | Leadership |
Ajit Venkataraman | Vice President | Leadership |
Jose La Loggia | Group President, EMEA | Leadership |
Karin De Bondt | SVP & Chief Strategy Officer | Leadership |
Sai Srikanth Dm Pinisetti | Vice President - Engineering And Technology | Leadership |
Alessandro Araldi | Vice President Digital Commercial HVAC | Leadership |
Marianna Dalakaki | Human Resources Director | Leadership |
Tom Stanford | President, Nuvolo | Leadership |
Johana Soriano | Human Resources Business Partner | Leadership |
Lina M. Garnica | HR Director Brazil | Leadership |
740 more people are available in the full profile.
Complete people profiles for EcoFactor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of EcoFactor
3 dated milestones of EcoFactor across 9 years, from founding to its latest funding, stage changes and deals.
- Founded EcoFactor is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Series C, of $7.1M.
Competitors of EcoFactor
EcoFactor has 3 listed competitors in our database, 3 of them funded. They include Enel X, Particle and MRI Software.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enelx.com | 2001 | Boston, United States | $168M | 513 | Utility-scale renewable energy projects are developed by Enel X. | |
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| mrisoftware.com | 1971 | Solon, United States | $125M | 781 | Property management software is provided for residential and commercial properties. |
Detailed competitors of EcoFactor
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of EcoFactor
The website of EcoFactor (ecofactor.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 37.4% vs previous month
Websites whose visitors overlap most with EcoFactor. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nvenergy.com | 100% | 1.3M | #34,665 | View details | |
| tendrilinc.com | 86% | 15K | #1,989,779 | View details | |
| energyhub.com | 25% | 33.2K | #637,275 | View details |
Top companies in Facility Management Platforms
3 companies that operate in the same segment as EcoFactor (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about 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. The company's 1st funding round was a Grant of $250K, raised on Nov 2009.
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's top competitors include Enel X, Particle and MRI Software.
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.
EcoFactor operates through Ecofactor Inc.