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EcoFactor

720 Bay Rd #201
Redwood City, CA 94063
USA
650.716.4760
Website Company Summary Management Team
Management

Finance: Douglas Sinclair (1/31/2013)
Technology: Scott Hublou (2006)
Business Development: John Steinberg
Board

Outside board: (May no longer be on the board) Nat Goldhaber (Claremont Creek Ventures) Abe Yokell (RockPort Capital Partners Principal)
Advisory board: Gerhard Eschelbeck (Webroot Software) Steve Goldberg (DataRunway co-Founder) Andy Coleman (Flywheel/SciEnergy CFO) Nathan Shedroff (California College of the Arts) Jonathan Livingston (Ecos Consulting VP Product & Services) Andrew Wheeler (Tendril Networks Former CTO)
Former outside board: William Grosso (Twofish Former CTO)
Company

Business description: EcoFactor is the leading residential energy management company that enables home service providers to offer an intelligent energy management service to their customers. Homeowners get an automated way to reduce energy consumption, save money and stay comfortable, and partners have the opportunity to take advantage of broader initiatives for energy efficiency, demand response and load shaping. The EcoFactor platform uses data from communicating thermostats to determine the unique thermal characteristics of an individual home and automatically optimize the energy use of that home's heating and cooling systems to save energy and money. Currently in homes across the country, EcoFactor continually documents and quantifies energy savings for its users and already has proven to reduce energy consumption of heating and cooling systems by up to 20 percent. Based in Redwood City, Calif., EcoFactor was founded in 2006 to provide an automated alternative to behavior-based residential energy management solutions. The company has been awarded nine patents to date for its residential energy management technology and methodology. EcoFactor is privately held and funded by Claremont Creek Ventures and RockPort Capital Partners.
Capital

Rounds: 3
Recent Fundings: Oct 2013   Oct 2012
Capital raised: 23.9M
Last Round: 10.0M
Ownership: Private  
VCs include: Claremont Creek VenturesRockPort Capital Partners ;  Aster Capital
Corporate investors: NRG Energy

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Overview
Record updated: Sep 2014
Sector: Clean Technology
Year Founded: 2006
Headcount: 26-50 as of Mar 2012
Rounds: 3
Recent Fundings: Oct 2013   Oct 2012
Capital Raised: 23.9M
Last Round: 10.0M
Ownership: Private