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EcoFactor - About the company

EcoFactor is a series C company based in Redwood City (United States), founded in 2006. It operates as a Data analytics platform for home energy management. EcoFactor has raised $31.1M in funding from investors like RockPort Capital, Aster and NRG Energy. The company has 5211 active competitors, including 677 funded and 477 that have exited. Its top competitors include companies like ecobee, SPAN and Landis+Gyr.

Company Details

EcoFactor formerly known as GreenDeeds, provides residential energy management solutions for heating, ventilation, and air conditioning by its SaaS-based energy management engine which collects stores, and processes data points from individual homes, local weather stations, and various other geographic inputs. The company provides energy management solutions, including energy efficiency, demand response, diagnostics, and recommendations by applying data analytics. It serves utilities, energy retailers, and home services providers.
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Key Metrics
Founded Year
2006
Location
Redwood City, United States
Stage
Series C
Total Funding
$31.1M in 5 rounds
Latest Funding Round
Ranked
Employee Count
10 as on Sep 30, 2026
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EcoFactor's funding and investors

EcoFactor has raised a total funding of $31.1M over 5 rounds. Its first funding round was on Nov 17, 2009. EcoFactor has 7 institutional investors.

Here is the list of recent funding rounds of EcoFactor:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2015
9301
Series C
5372
5357
3573
2831
Oct 15, 2013
9133007
Series B
9165498
4382522
5834179
Oct 11, 2012
9335647
Series B
9093885
4736625
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EcoFactor's founders and board of directors

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EcoFactor's employee count trend

EcoFactor has 10 employees as of Sep 26. Here is EcoFactor's employee count trend over the years:
Employee count trend for EcoFactor
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EcoFactor's Competitors and alternates

Top competitors of EcoFactor include ecobee, SPAN and Landis+Gyr. Here is the list of Top 10 competitors of EcoFactor, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ecobee
ecobee
2007, Toronto (Canada), Acquired
Manufacturer of smart thermostats, sensors, cameras, and security system bundles
$155M
75/100
2nd
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
74/100
3rd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
73/100
4th
Logo for Enel X
Enel X
2001, Boston (United States), Acquired
Developer of utility-scale renewable energy projects
$169M
71/100
5th
Logo for Savant Systems
Savant Systems
2005, Barnstable (United States), Late Stage
App and hub for connected device management
$90M
71/100
6th
Logo for Bidgely
Bidgely
2011, Mountain View (United States), Series C
Provider of a solution for consumers to monitor and manage their household energy use
$87.7M
71/100
7th
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
69/100
8th
Logo for Deako
Deako
2015, Seattle (United States), Series B
Manufacturer of modular smart lighting systems and related accessories
$65.1M
69/100
9th
Logo for Smart Joules
Smart Joules
2014, Delhi (India), Series B
Provider of AI-powered energy efficiency solutions for commercial buildings
$20.7M
69/100
10th
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
69/100
141st
Logo for EcoFactor
EcoFactor
2006, Redwood City (United States), Series C
Data analytics platform for home energy management
$31.1M
52/100
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EcoFactor's Investments and acquisitions

EcoFactor has made no investments or acquisitions yet.

Reports related to EcoFactor

Here is the latest report on EcoFactor's sector:

News related to EcoFactor

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