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EcoFactor
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Developer of a cloud-based software-as-a-service (SaaS) platform for personalized, in-home HVAC control and Home Energy Management

Founded in 2006
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Redwood City, CA Redwood City, United States
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Updated by Tamara Patterson at EcoFactor on 02/05/2016

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  • 1 M&A items
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Date Partner Type
09/25/2013
iControl Networks iControl Networks
iControl Networks and EcoFactor are partnering to deliver a smart energy service that integrates energy devices and appliances with data analytics about HVAC energy usage on iControl's open, device-agnostic platform.
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Confirmed by iControl Networks
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Date Investors Type Amount
10/15/2013 NRG Energy NRG Energy , Claremont Creek Ventures Claremont Creek Ventures , RockPort Capital Partners RockPort Capital Partners , Aster Capital Aster Capital (4)
Post-money valuation of
The company says the new round will be used for growing the business and launching new products.
 Growth Equity $10,000,000
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Automated Energy Efficiency

Uses data collected from connected thermostats to run patented energy algorithms that minimize home energy consumption. These algorithms adapt to individual preferences in real time, automatically adjusting to homeowner lifestyle needs while maximizing savings.

 Wide Commercial Availability Subscription
$/kW (current)
$/kW (projected)
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