ecobee

Consumer ProductsSeries CToronto, Canadaecobee.com

Latest round

Series C

Last raised

May 2018

Total raised

$136M

Investors

13

About ecobee

Based in Ontario, Canada, and founded in 2007 by John Metselaar, Mark Malchiondo, and Stuart Lombard, ecobee, Inc. operates and manufactures smart thermostats with remote sensors for users to conserve energy, save money, and reduce their environmental impact. In May 2018, ecobee, Inc. In November 2021, Generac Holdings Inc announced to acquire the shares of ecobee Inc. in a transaction valued up to USD 770 million contingent on the achievement of certain performance targets. ecobee, Inc’s. the product line includes smart thermostats, smart cameras, accessories, and smart home solutions. The smart thermostat is a digital programmable thermostat that helps in customizing temperature settings, including remote access to the thermostat settings from any computer by connecting to wi-fi. In addition, the company offers smart security, ecobee air filters, and professional installation services for the home. For businesses, the company provides smart buildings, a contractor portal, and ecobee energy. The company also provides support services, which include thermostat compatibility, product installation, help center, compatible platforms, and discover eco+. The company plan to close its acquisition during the fourth quarter of the financial year 2021.

Who invested in ecobee

13 investors across 4 rounds

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Funding rounds

  1. Series C

    May 31, 2018

    Amount

    $36M

    Investors

    Locked

  2. Series C

    Mar 7, 2018

    Amount

    $62M

    Investors

    Locked

  3. Series B

    Aug 18, 2016

    Amount

    $35M

    Investors

    Locked

  4. Seed

    Sep 1, 2007

    Amount

    $3M

    Investors

    Locked

Questions about ecobee

Who invested in ecobee?

ecobee has 13 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ecobee raised?

ecobee has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did ecobee last raise money?

ecobee's most recent round on record is a Series C, in May 2018.

What does ecobee do?

Based in Ontario, Canada, and founded in 2007 by John Metselaar, Mark Malchiondo, and Stuart Lombard, ecobee, Inc.

Where is ecobee headquartered?

ecobee is headquartered in Toronto, Canada.

Which VCs invest in companies like ecobee?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at ecobee's stage. Their profiles are linked below.

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