We make wi-fi enabled smart thermostats for residential and commercial applications that are intuitive to use and beautiful to look at. We help you maximize comfort and savings without compromising your lifestyle.

Before founding ecobee in 2007, Stuart Lombard was on a mission to reduce his family’s carbon footprint and save money. He found a lot of ways to conserve energy but most were complex and costly. However, he discovered that heating and cooling made up the majority of his home energy use. So, he tried a programmable thermostat. It turned out to be really complicated, even for someone with an engineering degree. And, unreliable. When Stuart and his family came home one winter day to find their house freezing, they'd had enough. He knew there had to be a better way and decided to build his own thermostat. A truly smart thermostat, that was easy to install, smart enough to deliver comfort, conserving energy and pay for itself in energy savings. That day, ecobee was born.

Company Growth (employees)
Toronto, CA
Size (employees)
210 (est)+6%
ecobee was founded in 2007 and is headquartered in Toronto, CA

ecobee Office Locations

ecobee has offices in Toronto, Northborough, Monterrey and Melbourne
Toronto, CA (HQ)
333 Adelaide Street West
Northborough, US
Avalon Dr

ecobee Data and Metrics

Summary Metrics

Founding Date


Total Funding

$51.1 m

Latest funding size


Time since last funding

6 months


ecobee's latest funding round in February 2017 was reported to be $100. In total, ecobee has raised $51.1 m

Traffic Overview of ecobee

ecobee Online and Social Media Presence

ecobee News and Updates

Popular smart thermostat manufacturer Ecobee is bringing Alexa to its devices

This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here. Popular smart thermostat manufacturer Ecobee, which sells a thermostat that enables users to change the temperature via a mobile app and uses machine learni…

Ecobee is building Alexa into its thermostats and light switches

 Ecobee unveiled its latest connected thermostat at the Collision conference today. Far and away the most interesting bit is its inclusion of a microphone that utilizes Amazon’s far-field voice recognition to deliver Alexa functionality. And if that weren’t enough Alexa in your life, the company wil…

Ecobee kicks off a new voluntary energy study to help fight climate change

 Connected thermostat maker ecobee is launching a new program that lets users of its devices opt-in to sharing their anonymized usage data as part of a large-scale study regarding home energy efficiency. The program will share info like home age, size and occupancy numbers as well as temperature out…

Beyond Thermostats: Ecobee Dreams Of Being A Billion-Dollar Smart Home Giant

Smart thermostat maker Ecobee has grand ideas about its future. But first it'll have to knock out Nest. Smart thermostat maker Ecobee has grand ideas about its future. But first it'll have to knock out Nest.For the last nine years, Ecobee hasn't strayed from being a maker of sm…

Ecobee launches a sub-$200 version of its smart thermostat

 The new ecobee3 lite cuts a full $80 of its namesake (and, for that matter, its chief competitor, the latest Nest), while maintaining the majority of the original’s functionality, minus ecobee’s room sensors, designed to locate hot and cold areas in the home. Otherwise, you’ve still got the same 3.…

Amazon Alexa Fund invests in smart thermostat company Ecobee’s $35 million round

Ecobee announced today that it has received a $35 million round of funding for its smart Wi-Fi thermostat. This latest infusion of capital came from Amazon’s Alexa Fund, Thomvest, and Relay Ventures. This is the largest investment that the Alexa Fund has made thus far, Ecobee said in a statement. Ec…

ecobee Company Life and Culture

You may also be interested in