# EECOMOBILITY

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

- Industry: Software
- Headquarters: Ontario, Canada
- Website: www.eecomobility.ca
- Latest round: Seed (Nov 19, 2024)
- Investors on record: 3

## About

Founded in 2018, and based in Ontario, Canada, EECOMOBILITY Inc. engaged in AI-driven solutions aimed at monitoring and diagnosing operational conditions. The company has executed a single deal as of November 19, 2024. In November 2024, EECOMOBILITY Inc. raised an amount of seed funding led by investor RiSC Capital Corp, with participation from other investors Automotive Ventures, and Emerson Ventures. An individual investor also participated in the round. Saeid Habibi is leading the firm as CEO as of 2024.

EECOMOBILITY offers AI software solutions focused on condition monitoring, fault detection, diagnosis, and prognosis. The company’s core offerings include a platform that can operate as stand-alone applications or be integrated into existing customer solutions. This software is cloud and hardware-agnostic, utilizing self-learning technology that has been rigorously tested in various production, endurance, and performance environments. The primary goal of EECOMOBILITY's products is to provide analyses to support operations across multiple sectors. Their client base includes companies in sectors such as manufacturing, transportation, and energy, with a focus on the North American and European markets. 

EECOMOBILITY generates revenue through a subscription-based model for its software offerings, allowing clients to access its AI capabilities regularly. The company also engages in partnerships with organizations that integrate EECOMOBILITY’s software into their operational frameworks. 

In November 2024, EECOMOBILITY Inc. raised an undisclosed amount of Seed funding led by RiSC Capital, with participation from Automotive Ventures, Emerson Ventures, and an individual investor. The company will use the funding to accelerate growth, expand its sales network, and further develop its EECOPower battery testing technology. Future plans include the design and launch of new products aimed at enhancing their AI capabilities and expanding into additional markets, particularly within North America and Europe, by mid-2025.

## Funding rounds

- Seed, Nov 19, 2024 — RiSC Capital Corp, Automotive Ventures, Emerson Ventures

## Investors

- RiSC Capital Corp (https://capitalatlas.ai/funds/risc-capital-corp) — Seed
- Automotive Ventures (https://capitalatlas.ai/funds/automotive-ventures) — Seed
- Emerson Ventures (https://capitalatlas.ai/funds/emerson-ventures) — Seed