
EcoFactor offers a cloud-based platform for energy management, focusing on Proactive Energy Efficiency, Optimized Demand Response, and HVAC Performance Monitoring. Their patented algorithms analyze data from connected thermostats and other sources to automate energy savings and optimize demand response for consumers and utilities. The platform is hardware-agnostic, integrating with various internet-connected thermostats via open APIs. EcoFactor aims to provide superior savings and an integrated consumer experience across mobile, web, and thermostat interfaces, with a SaaS model that simplifies deployment and maintenance. Their InSite toolset assists with consumer onboarding, customer care, and reporting. They claim up to 25% greater load shed than other DR programs and over 20% HVAC energy savings for consumers.

EcoFactor offers a cloud-based platform for energy management, focusing on Proactive Energy Efficiency, Optimized Demand Response, and HVAC Performance Monitoring. Their patented algorithms analyze data from connected thermostats and other sources to automate energy savings and optimize demand response for consumers and utilities. The platform is hardware-agnostic, integrating with various internet-connected thermostats via open APIs. EcoFactor aims to provide superior savings and an integrated consumer experience across mobile, web, and thermostat interfaces, with a SaaS model that simplifies deployment and maintenance. Their InSite toolset assists with consumer onboarding, customer care, and reporting. They claim up to 25% greater load shed than other DR programs and over 20% HVAC energy savings for consumers.
What: Cloud-based home energy management and analytics platform (SaaS) for residential customers delivered via channel partners.
Tech: Patented predictive algorithms and machine learning applied to thermostat and home data; hardware-agnostic integrations via open APIs.
Claims: Up to 25% greater load shed for demand response and over 20% HVAC energy savings for consumers (company claims).
Founded: 2006 (Redwood City, California)
Funding: Total reported funding: 32000000.00 USD
Exit: Acquired by Trane (acquisition announced June 13, 2019)
Residential/home energy management, demand response, HVAC performance monitoring
2006
Home energy management and analytics
“Backed by Claremont Creek Ventures, RockPort Capital Partners, NRG, and Aster Capital”