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EcoFactor Overview
EcoFactor provides personalized solutions for managing residential energy use for heating, ventilation and air conditioning (HVAC). Its SaaS platform collects, analyzes and acts upon thousands of data points relating to a home’s HVAC needs and preferences to help utilities improve demand management, and enable consumers to lower energy costs and save money on utility bills without sacrificing...More»
EcoFactor provides personalized solutions for managing residential energy use for heating, ventilation and air conditioning (HVAC). Its SaaS platform collects, analyzes and acts upon thousands of data points relating to a home’s HVAC needs and preferences to help utilities improve demand management, and enable consumers to lower energy costs and save money on utility bills without sacrificing comfort or giving up control. EcoFactor is working with leading energy and home service providers to maximize energy efficiency programs. Based in Redwood City, Calif., EcoFactor was founded in 2006 to provide an effective alternative to the current one-size-fits-all residential energy management solutions.«Less
Key People
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 11/2009 | Other | 0.25M | Unknown | |
| 04/2010 | Series B | 3.5M | Unknown |
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Products
| Name: | EcoFactor |
| Product URL: | http://www.ecofactor.com/solutions.php |
| Description: | EcoFactor’s SaaS-based energy management engine collects, stores and processes 24,000 points of data each day from individual homes, local weather stations and numerous other geographic inputs – 12,000 from inside the home and 12,000 from outside the home. The result is an individualized HVAC Auto-Pilot program that can easily save homeowners 20 to 30 percent in HVAC energy usage without sacrificing comfort or convenience. |
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Competitors
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Ecobee
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04/22/2010 12:03PM by smartypam
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Jun 15, 2011 - 0 comments
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