ecobee Analysis: $162M Raised
What is ecobee?
ecobee designs intelligent thermostats, cameras, and sensors that work better together. Their approach integrates various smart home technologies to enhance comfort, security, and energy efficiency. This results in improved everyday life for users through seamless home automation.
HQ Country
Toronto, Canada
Employees
501-1000
Founded
2007
Industry
IoT, Climate Tech
Product Features & Capabilities
- Smart Thermostat Premium with advanced features
- Smart Thermostat Enhanced for energy savings
- SmartSensor for temperature and occupancy detection
- Smart Doorbell Camera with voice control
- Smart Security subscription for home protection.
How much ecobee raised
Series B - $35 million
August 22, 2016Lead Investor: Amazon, Thomvest, Relay Ventures
Series C - $80 million
March 7, 2018Lead Investor: Energy Impact Partners, Thomvest, Relay Ventures, Amazon Alexa Fund, North Leaf Capital Partners, Export Development Canada, Ontario Capital Growth Corporation, Tech Capital, GXP Investments
Series C - $47 million
May 30, 2018Lead Investor: Caisse de dépôt et placement du Québec, AGL Energy Ltd., Business Development Bank of Canada
Financial Overview
$162MTotal Raised
Series B$35 million
August 22, 2016
Investors: Amazon, Thomvest, Relay Ventures
Series C$80 million
March 7, 2018
Investors: Energy Impact Partners, Thomvest, Relay Ventures, Amazon Alexa Fund, North Leaf Capital Partners, Export Development Canada, Ontario Capital Growth Corporation, Tech Capital, GXP Investments
Series C$47 million
May 30, 2018
Investors: Caisse de dépôt et placement du Québec, AGL Energy Ltd., Business Development Bank of Canada
