ecobee

Acquired

Smart Thermostats & Smart Home Devices

Toronto, Canada · Founded 2007 · $96.0M raised

Headquarters
Toronto
Employees
501–1000
Founded
2007
Business Model
B2C
Website
ecobee.com
Total Funding
$96.0M
Last Round
$61.0M Series CMar 2018
Rounds
2

About

Founded in 2007 in Toronto, ecobee launched the world's first Wi-Fi connected smart thermostat in 2009. The company builds smart home devices including thermostats, room sensors, cameras, and security systems. Acquired by Generac in 2021 for $770M, ecobee has delivered over 53.9 TWh of energy savings across North America.

Summary

ecobee is a Clean Energy company based in Toronto, Canada, founded in 2007. It has raised $96.0M in total across 2 rounds, most recently a $61.0M Series C round in Mar 2018. Investors include Amazon Alexa Fund, Energy Impact Partners and Thomvest Ventures.

Tech & App Stack

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Funding History

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Series CSeries CMar 2018
$61.0M

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Series B through Series C — per-round amounts, valuations, and who invested in each round.

Investors

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