E
ecobee
Energy · Toronto, Canada · Founded 2007
Smart thermostats keep your home comfortable while conserving energy and saving money MoreLess
Ecobee is a forward-thinking company that specializes in designing smart home devices aimed at enhancing comfort, security, and energy efficiency. Their product lineup includes intelligent thermostats, cameras, and sensors that seamlessly integrate with other smart home systems. Ecobee's flagship product, the SmartThermostat, is notable for its voice control capabilities via Siri and Alexa, allowing users to manage their home environment with simple voice commands.
The company primarily serves homeowners who are looking to optimize their living spaces through technology. Ecobee operates in the smart home market, a rapidly growing sector driven by increasing consumer demand for convenience, security, and energy savings. Their products are particularly appealing to tech-savvy individuals and environmentally conscious consumers who want to reduce their carbon footprint.
Ecobee's business model revolves around the sale of its smart devices and related accessories. They generate revenue by selling these products directly through their website and through various retail partners. Additionally, they offer subscription-based services for enhanced features, such as advanced home monitoring and security options.
The company has made significant strides in energy efficiency, claiming to have maximized energy savings in over one million homes. This not only benefits the environment but also helps customers save on their energy bills. Ecobee's commitment to data privacy and user-friendly design further enhances its appeal, making it a trusted name in the smart home industry.
In summary, Ecobee is a leader in the smart home market, offering innovative solutions that improve home comfort, security, and energy efficiency. Their products are designed to work effortlessly on their own and with other smart home systems, providing a seamless user experience.
Keywords: SmartThermostat, energy efficiency, smart home, voice control, security, sensors, Alexa, Siri, home automation, eco-friendly.
Company overview
ecobee company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2007
- Headquarters
- Toronto, Canada
- Employees
- 536
- Open positions
- 29
- Dealroom signal
- 73.2
Valuation & funding
ecobee funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Nov 2021 | $770M | $770M | Generac Power Systems | — |
| LATE VCOther financing | May 2020 | $0 | — | Energy Impact Partners | — |
| SERIES COther financing | May 2018 | $36M | $144M | Amazon · BDC Capital · AGL Energy · Amazon Alexa Fund | ↗ |
| SERIES COther financing | Mar 2018 | $80M | $320M | Northleaf · Thomvest Ventures · Relay Ventures · GXP Investments | — |
| EARLY VCOther financing | Aug 2016 | $0 | — | Amazon Alexa Fund | — |
| SERIES BOther financing | Aug 2016 | Amazon Alexa Fund · Thomvest Ventures · Relay Ventures | — | ||
| SERIES BOther financing | Aug 2012 | Tech Capital Partners · Relay Ventures · Just Energy | — | ||
| EARLY VCOther financing | Jan 2010 | Relay Ventures · Ontario Capital Growth · Tech Capital Partners | — | ||
| EARLY VCOther financing | Jan 2007 | Investeco Capital · Relay Ventures · Tech Capital Partners | — |
Growth signals
ecobee website traffic
Latest recorded traffic for ecobee is 2M monthly website visits, up 81.8% over the last three months. ecobee's team grew 5.3% over the past year.
Hiring
Open positions at ecobee
Current openings linked to this company in Dealroom.
Comparisons
ecobee compared with similar companies
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Talent graph
ecobee's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where ecobee has talent and traffic
team presence
In the news
Latest news about ecobee
Recent press, funding announcements, and product moves mentioning ecobee — open to read from the original sources.
Market sentiment
What the market is saying about ecobee
An AI-synthesized read of the highest-engagement posts about ecobee on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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