ecobee

ecobee is a Canadian home automation company that makes thermostats for residential and commercial use. It provides Wi-Fi enabled smart thermostats for residential and commercial applications.

ecobee delivers energy conservation solutions. The company offers ecobee Smart Thermostat, a digital programmable thermostat that helps in customizing temperature settings. The thermostat connects the clients to their WiFi, and gives them remote access to the thermostat settings from any computer and helps in energy conservation. Its products are used in single family homes, multi-family dwellings, and offices.

ecobee was founded in 2007 byJohn Metselaar, Mark Malchiondo & Stuart Lombard and is is based at Toronto, Ontario, Canada.

 

ecobee's product ecobee4 is flagship product which was originally launched May 3, 2017. It is a touchscreen thermostat that works with up to 32 remote temperature/motion sensors to adjust the thermostat based on where you are. It also has IFTTT integration. An updated version of the ecobee3 was released in 2015 that works with Apple HomeKit. The ecobee3 lite was released on October 17, 2016.

 

ecobee is backed by Alexa Fund, Business Development Bank of Canada, AGL Energy, Export Development Canada and others.

 

ecobee has been recognized with a number of awards, including the Deloitte Technology Green 15 Award for Canadian green technology companies, and the 2011 AHR Expo Innovation Award in the category of building automation.

 

 

  • Year founded: 2007
  • Funding Info: $149.4M in 6 funding rounds (Last funding type: series C)
  • Yearly Revenue: $20M-$50M (2018)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Toronto
  • State: Ontario
  • Country: Canada
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