EcoFactor
Latest round
- Series B
Last raised
- Oct 2013
Total raised
- $16M
Investors
- 4
About EcoFactor
Founded in 2006 in Redwood City, US, EcoFactor specializes in energy management solutions aimed at optimizing residential energy usage., and RockPort Capital Partners.53 mn, consolidating its position in the energy technology sector.EcoFactor provides a comprehensive suite of residential energy solutions focused on maximizing energy efficiency and consumer savings. The core offerings include Proactive Energy Efficiency, Optimized Demand Response, and HVAC Performance Monitoring, all supported by a robust cloud-based platform. These services leverage patented algorithms to analyze large datasets, allowing for intelligent automation of thermostat settings to reduce energy costs and improve overall comfort for homeowners. The end users of these services primarily include residential consumers, with EcoFactor also serving a diverse client base composed of utilities, home service providers, and energy retailers across various geographic markets in North America.EcoFactor generates revenue through a business model that encompasses partnerships with utilities and direct engagements with consumers. The company’s offerings are structured around subscription-based services that allow clients to access various features of the platform, such as energy analytics and performance monitoring. Transactions typically occur between EcoFactor and its clients, who may include utilities looking to enhance their energy efficiency programs or homeowners seeking to optimize their energy usage. Specific pricing plans for the services are aligned with the unique needs of clients, providing flexibility in how they utilize EcoFactor’s technology. The company plans to expand its product offerings in the near future, including new features designed to enhance energy analytics and consumer engagement. Specific geographic markets targeted for expansion remain to be detailed, although the company aims to broaden its footprint across North America.
Who invested in EcoFactor
4 investors across 3 rounds
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Questions about EcoFactor
Who invested in EcoFactor?
EcoFactor has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has EcoFactor raised?
EcoFactor has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did EcoFactor last raise money?
EcoFactor's most recent round on record is a Series B, in Oct 2013.
What does EcoFactor do?
Founded in 2006 in Redwood City, US, EcoFactor specializes in energy management solutions aimed at optimizing residential energy usage.
Where is EcoFactor headquartered?
EcoFactor is headquartered in Redwood City, US.
Which VCs invest in companies like EcoFactor?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at EcoFactor's stage. Their profiles are linked below.
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