ecobee Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 520


  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $770M

ecobee General Information


Developer of smart home monitoring devices designed to deliver intelligent energy management. The company's devices are wifi-enabled smart thermostats and cameras with remote sensors for residential and commercial applications without compromising customers' lifestyles and keeping the home comfortable while conserving energy, enabling homeowners and consumers to understand, manage and reduce their energy consumption and save money.

Contact Information

Formerly Known As
Ownership Status
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Specialty Retail
Electronics (B2C)
Parent Company
Corporate Office
  • 25 Dockside Drive
  • Suite 700
  • Toronto, Ontario M5A 0B5
  • Canada
+1 (877) 000-0000

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ecobee Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 01-Dec-2021 $770M 00000 00000 Completed Generating Revenue
8. Reverse Merger Cancelled Generating Revenue
7. Later Stage VC 05-May-2020 00000 Completed Generating Revenue
6. Later Stage VC (Series C) 31-May-2018 0000 00000 Completed Generating Revenue
5. Later Stage VC 18-Aug-2016 0000 000.00 Completed Generating Revenue
4. Later Stage VC 26-Jan-2015 000.00 Completed Generating Revenue
3. Later Stage VC (Series B) 01-Aug-2012 00.00 000.00 Completed Startup
2. Early Stage VC 20-Jan-2010 $17.1M $19.4M Completed Startup
1. Early Stage VC (Series A) 01-Jan-2007 $2.23M $2.23M Completed Startup
To view ecobee’s complete valuation and funding history, request access »

ecobee Comparisons

HQ Location
Total Raised
Post Valuation
Developer of smart home monitoring devices designed to deliver intelligent energy management. The company's devices are
Electronic Equipment and Instruments
Toronto, Canada
520 As of 2022
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00000000000 (000)
New York, NY
00 As of 0000
00000000000 00.000


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00000000000 (000)
Boulogne-Billancourt, France
000 As of 0000
000000&0 000.00
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ecobee Competitors (7)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ThinkEco Venture Capital-Backed New York, NY 00 00.000 00000000000 00.000
Netatmo Formerly VC-backed Boulogne-Billancourt, France 000 000.00 000000&0 000.00
Minut Venture Capital-Backed Malmo, Sweden 00 000.00 00000000000 000.00
Canary Formerly VC-backed New York, NY 00 00.00 000000000 00.00
Mysa Venture Capital-Backed St. John's, Canada 000 000.00 00000000000 000.00
You’re viewing 5 of 7 competitors. Get the full list »

ecobee Patents

ecobee Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230243541-A1 Mpc for hvac with thermal model selection Pending 02-Feb-2022 000000000 00
US-20220198620-A1 Camera system and method for determining a viewing frustum Pending 17-Dec-2020 000000000
CA-188481-S Remote sensor device Active 31-Dec-2018
CA-181086-S Switch with trim plate Active 21-Mar-2018
EP-3635715-A1 Computerized device with voice command input capability Inactive 10-May-2017 G10L15/22
To view ecobee’s complete patent history, request access »

ecobee Executive Team (22)

Name Title Board Seat Contact Info
Stuart Lombard Co-Founder, President, Chief Executive Officer & Board Member
Philip Cheng Chief Financial Officer
Scott Cleaver Chief Operating Officer
Kevin Banderk Chief Marketing Officer & Chief Revenue Officer
John Metselaar Co-Founder & Chief Hardware Architect
You’re viewing 5 of 22 executive team members. Get the full list »

ecobee Board Members (9)

Name Representing Role Since
Alek Krstajic Self Board Member 000 0000
Andrew Abouchar Tech Capital Partners Board Member 000 0000
John Albright Relay Ventures Board Member 000 0000
Lawrence Pentland Self Board Member 000 0000
Lindsay Luger Energy Impact Partners Board Member 000 0000
You’re viewing 5 of 9 board members. Get the full list »

ecobee Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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ecobee Former Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
AGL New Energy Investments Corporation Minority 000 0000 000000 0
Amazon Alexa Fund Corporate Venture Capital Minority 000 0000 000000 0
BDC Capital Growth/Expansion Minority 000 0000 000000 0
Caisse de dépôt et placement du Québec Asset Manager Minority 000 0000 000000 0
Carrier Global Corporation Minority 000 0000 000000 0
You’re viewing 5 of 17 investors. Get the full list »

ecobee Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Cocoon (Electronics) 0000000000 Electronics (B2C)
To view ecobee’s complete acquisitions history, request access »

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