/Companies

Ecobee

Toronto, CA · Founded 2007 · Canada (Federal Level) corporation · 548 employees on LinkedIn · 5 known investors

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ecobee makes smart home devices including smart thermostats and cameras, along with its eco+ software that delivers energy savings and demand flexibility for the electricity grid. The company focuses on comfort, security, and energy conservation for homeowners while supporting sustainability goals.

Founders & leadership

Ecobee was founded in 2007 by Stuart Lombard.

SLStuart Lombard
Stuart LombardFounder and CEO2007–2023Stuart Lombard founded ecobee, a smart home device company, after encountering personal challenges with thermostat programming; he brings three decades of experience in venture capital, early-stage company building, and operating leadership at large corporations.
JP
Jonathan ProsserNamed on SEC filing
RG
Rajan GoelNamed on SEC filing
DM
Deborah MerrilNamed on SEC filing
CC
Chris CarradineNamed on SEC filing
JM
John MetselaarNamed on SEC filing
LP
Lawrence PentlandNamed on SEC filing
AK
Alek KrstajicNamed on SEC filing
MM
Mark MalchiondoNamed on SEC filing

Board

JAJohn Albright
John AlbrightBoard Member2016–2021Board Member at Alate Partners
AA
Andrew AboucharBoard director

Investors · 5

Reported raises · per SEC filings

Form D private placements

$26.8M disclosed across 3 rounds · 2016–2018

▶$25MraisedJun 2018 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • John AlbrightDirector
  • Jonathan ProsserExecutive Officer
  • Mark MalchiondoExecutive Officer
  • Rajan GoelDirector
  • Andrew AboucharDirector
  • Deborah MerrilDirector
  • Lawrence PentlandDirector
  • John MetselaarExecutive Officer
  • Alek KrstajicDirector
  • Chris CarradineExecutive Officer
  • Stuart LombardExecutive Officer, Director
Offering amount
$25M
Amount sold
$25M
First sale
Feb 2018
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$267KraisedDec 2016 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Stuart LombardExecutive Officer, Director
  • John AlbrightDirector
  • Jonathan ProsserExecutive Officer
  • Andrew AboucharDirector
  • Rajan GoelDirector
  • Deborah MerrilDirector
  • Lawrence PentlandDirector
  • Alek KrstajicDirector
  • Mark MalchiondoExecutive Officer
  • John MetselaarExecutive Officer
  • Chris CarradineExecutive Officer
Offering amount
$267K
Amount sold
$267K
First sale
Dec 2016
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.5MraisedAug 2016 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathan ProsserExecutive Officer
  • Rajan GoelDirector
  • Deborah MerrilDirector
  • John AlbrightDirector
  • Chris CarradineExecutive Officer
  • Andrew AboucharDirector
  • John MetselaarExecutive Officer
  • Stuart LombardExecutive Officer, Director
  • Lawrence PentlandDirector
  • Alek KrstajicDirector
  • Mark MalchiondoExecutive Officer
Offering amount
$1.5M
Amount sold
$1.5M
First sale
Aug 2016
Incorporated
Corporation, Canada (federal Level)
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

4 people who came through Ecobee went on to found or lead other companies.

Related companies · 5

Companies working in the same space as Ecobee.

Frequently asked questions

What does Ecobee do?
ecobee makes smart home devices including smart thermostats and cameras, along with its eco+ software that delivers energy savings and demand flexibility for the electricity grid. The company focuses on comfort, security, and energy conservation for homeowners while supporting sustainability goals.
Who founded Ecobee?
Ecobee was founded by Stuart Lombard in 2007.
Who are Ecobee's investors?
Ecobee's investors include BDC Growth Venture Fund, Energy Impact Partners, Relay Ventures, Venture Ontario, Amazon Alexa Fund.
How much funding has Ecobee raised?
Ecobee has disclosed $26.8M raised across 3 rounds.
Where is Ecobee headquartered?
Ecobee is headquartered in Toronto, CA.