ecobee logo — We’re ecobee, a proudly Canadian consumer product company th...

ecobee

We’re ecobee, a proudly Canadian consumer product company that is transforming the smart home.

Founded 2007 Canada Toronto, Canada 565 employees Series C Total: $178.81M Consumer Electronics, Energy +1

General Information

Company Name ecobee
Founded Year 2007
Location Canada Toronto, Canada
Founders / Decision Makers
Team member
Employees 565
Industries Consumer Electronics, Energy, IoT
Funding Stage Series C
Social

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About ecobee

ecobee is a Canadian consumer product company founded in 2007 with a mission to transform the smart home industry. Known for launching the world's first smart thermostat in 2009, the company has since been dedicated to helping SmartOwners across North America save energy and reduce their carbon footprint. Their innovations have resulted in over 25 terra watt hours of energy saved, equivalent to powering all the homes in Los Angeles for a year. ecobee continues to focus on creating smart home solutions that prioritize comfort, security, and conservation. The company's latest award-winning products can be explored at ecobee.com. Notably, ecobee received a significant $47.00M Series C investment on 31 May 2018. The investors included Amazon Alexa Fund, Caisse de Depot et Placement du Quebec, Business Development Bank of Canada, BDC Venture Capital, and AGL Energy.

Business keywords: smart thermostats, home energy management, business energy management, Wi-Fi thermostats, Connected Home, Smart Home, Energy Conservation, Sustainable Living, Environmental Impact, Smart Technology, Energy Efficiency, Innovation, Consumer Products, Commercial Applications

Funding Rounds & Investors (6)

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Funding Stage Amount Investors Lead Investors Date
Series C $47.00M 5
Amazon Alexa Fund, Caisse de Depot et Placement du Quebec +3
31 May 2018
Series C $80.00M 9
Amazon Alexa Fund, Evergy Ventures +7
07 Mar 2018
Series B $35.00M 4
Amazon Alexa Fund, HIGHLINE vc +2
18 Aug 2016
Series B $7.50M 4
HIGHLINE vc, Tech Capital Partners +2
01 Aug 2012
Venture Round $6.73M 3
HIGHLINE vc, Tech Capital Partners +1
20 Jan 2010
Venture Round $2.58M 3
HIGHLINE vc, InvestEco Capital +1
01 Jan 2007

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FAQ About ecobee

We’re ecobee, a proudly Canadian consumer product company that is transforming the smart home.
ecobee was founded in 2007.
ecobee is headquartered in Toronto, Canada.
ecobee operates in Consumer Electronics, Energy and IoT. Its work centres on smart thermostats, home energy management, business energy management and Wi-Fi thermostats.
ecobee has approximately 565 employees.
ecobee has completed 6 funding rounds, raising a total of $178.81M. The latest funding stage is Series C.
Top alternatives and competitors to ecobee include Sengled, Steam, Control4, Kelvin, Deep Intelligent Control. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ecobee and Sengled are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ecobee, https://bouncewatch.com/company/ecobee, updated 3 March 2025. When citing, please name BounceWatch and link this page.

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