About Ecovent Systems
Ecovent Systems is a company based in Boston (United States) founded in 2012 was acquired by ConnectM in June 2017.. Ecovent Systems has raised $9.87 million across 3 funding rounds from investors including ConnectM, Techstars and Emerson Electric. Ecovent Systems operates in a competitive market with competitors including ecobee, MRI Software, Savant Systems, Tibber and tado°, among others.
- Headquarter Boston, United States
-
Sectors
Business ServicesEnergy & Utilities Technology
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Ecovent Systems
Ecovent Systems has successfully raised a total of $9.87M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.05 million completed in September 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 Total Funding
- Total Rounds 3
- Last Round Series A — $7.1M
-
First Round
First Round
(14 May 2014)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Series A - Ecovent Systems | Valuation | Emerson Electric | |
| Oct, 2014 | Amount | Seed - Ecovent Systems | Valuation | Otter Consulting , Techstars | |
| May, 2014 | Amount | Debt – Venture - Ecovent Systems | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ecovent Systems
Ecovent Systems has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ConnectM, Techstars and Emerson Electric. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Startups are accelerated globally without sector restrictions through structured programs.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ecovent Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ecovent Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecovent Systems Comparisons
Competitors of Ecovent Systems
Ecovent Systems 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, MRI Software, Savant Systems, Tibber and tado°, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
|
|
| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
|
|
| domain | founded_year | HQ Location |
Connected devices are managed via an app and hub system.
|
|
| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
|
|
| domain | founded_year | HQ Location |
IoT and SaaS solutions for building energy management are provided.
|
|
| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Ecovent Systems
When was Ecovent Systems founded?
Ecovent Systems was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Ecovent Systems located?
Ecovent Systems is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Ecovent Systems a funded company?
Ecovent Systems is a funded company, having raised a total of $9.87M across 3 funding rounds to date. The company's 1st funding round was a Debt – Venture of $605K, raised on May 14, 2014.
What does Ecovent Systems do?
Ecovent Systems was founded in 2012 in Boston, United States, and operates in the smart home HVAC sector. A wireless zoning system is provided for temperature control in individual rooms, with vents that adjust airflow based on local temperature, humidity, and motion detection. Empty rooms are identified via built-in sensors to redirect heating and cooling where needed, supporting efficient home climate management.
Who are the top competitors of Ecovent Systems?
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.