# Ecovent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ecovent

- Industry: Consumer Products
- Headquarters: Boston, US
- Website: www.ecoventsystems.com
- Total disclosed funding: $9.7M
- Latest round: Series A (Jul 27, 2015)
- Investors on record: 5

## About

Ecovent is a company that specializes in smart ventilation solutions, optimizing indoor air quality and energy efficiency through innovative technology, providing homeowners with enhanced comfort and control over their environments.Founded in 2012 in Boston, US, Ecovent develops smart ventilation systems that aim to improve heating and cooling efficiency. Lata Bhatia, the founder, has a background in engineering and previously founded other technology ventures. In July 2015, Ecovent successfully raised USD 6.9 mn in a Series A round from investors including Emerson, Tamarisc Ventures, and Blue Fog Capital. The total amount raised to date is USD 6.9 mn across 4 deals, with the most recent deal closing on July 27, 2015.Ecovent provides smart ventilation systems designed to intelligently manage airflow in homes. Their technology allows for the adjustment of air flow based on room occupancy and temperature, enhancing overall comfort while potentially reducing energy costs. The products are aimed at residential customers seeking to improve indoor air quality and energy efficiency, making them suitable for a variety of homes across North America.Ecovent's revenue model is based on product sales of their smart ventilation systems, which are marketed directly to consumers. The company focuses on both individual sales and partnerships with home builders and HVAC professionals to expand their reach in the market. Their solutions cater to homeowners looking for energy-efficient alternatives to traditional heating and cooling systems.Looking ahead, Ecovent plans to introduce new products that enhance their smart ventilation offerings, with a focus on integrating more advanced sensors and AI capabilities. The company is also targeting expansion into emerging markets such as Europe and Asia by 2023, aiming to leverage the growing demand for energy-efficient home solutions. The recent Series A funding of USD 6.9 mn will be utilized to support product development and market entry strategies, ensuring that the company can effectively meet the needs of new customers.

## Funding rounds

- Series A, Jul 27, 2015, $6.9M — Emerson, Tamarisc Ventures, Blue Fog Capital
- Seed, Oct 14, 2014, $2.2M — Atlas Venture
- Angel, Mar 31, 2014, $0.6M — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Angel
- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed
- Emerson — Series A
- Tamarisc Ventures (https://capitalatlas.ai/funds/tamarisc-ventures) — Series A
- Blue Fog Capital (https://capitalatlas.ai/funds/blue-fog-capital) — Series A