EcoFactor is a startup that was founded in 2006 and is based in the United States. The company focuses on transforming energy usage in homes through advanced analytics applied to connected devices. Its cloud-based application actively manages thermostats, aiming to improve comfort, save time, energy, and money for occupants. Utilities, home service providers, and homeowners rely on EcoFactor for demand response, energy efficiency, and HVAC performance monitoring services.
The startup secured a significant $7.10M Series C investment on 21 May 2015, with participation from notable investors including Claremont Creek Ventures, RockPort Capital, and Aster. EcoFactor's focus on energy, enterprise software, and SaaS places it in a promising position within the market, with its innovative approach to home energy management attracting attention from both consumers and industry professionals.
For more information on EcoFactor, visit www.ecofactor.com.
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