Ecobee
Toronto, CA · Founded 2007 · Canada (Federal Level) corporation · 548 employees on LinkedIn · 4 known investors
Find your way into Ecobee
285 people in our graph share verified history with the Ecobee team — schools, employers, funds. One of them is your warm intro.
Greg Rudinunlockedknows Stuart Lombard · together at Creative Destruction Lab (overlapped)
×7knows the team · via Creative Destruction Lab
×3knows the team · via International Rescue Committee
knows the team · via Relay Ventures
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.
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Stuart LombardinFounder 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.
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Jonathan ProsserNamed on SEC filing
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Rajan GoelNamed on SEC filing
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Deborah MerrilNamed on SEC filing
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Chris CarradineNamed on SEC filing
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John MetselaarNamed on SEC filing
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Lawrence PentlandNamed on SEC filing
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Alek KrstajicNamed on SEC filing
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Mark MalchiondoNamed on SEC filing
Board
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John AlbrightBoard director
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Andrew AboucharBoard director
Investors · 4
Reported raises · per SEC filings
Form D private placements$26.8M disclosed across 3 rounds · 2016–2018
▶$25MraisedJun 2018 · 4 investors · Other TechnologyRule 506(b)
▶$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
▶$267KraisedDec 2016 · 1 investors · Other TechnologyRule 506(b)
▶$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
▶$1.5MraisedAug 2016 · 1 investors · Other TechnologyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
The Ecobee mafia →6 people who came through Ecobee went on to found or lead other companies.
John AlbrightBoard MemberFounded Relay VenturesLindsay LugerBoard MemberFounded Energy Impact PartnersKatherine HomuthManager, Marketing CommunicationsFounded SRTXCG ChenUser Experience DesignerFounded Ruta HealthGeordie GrahamUser ResearcherFounded Ruta HealthLalit LalSoftware Engineer InternFounded Keye
Competitors · 4
by search overlapRing1152 shared keywordsRing provides video doorbells and security cameras that allow homeowners to monitor their property and enhance security across indoor and outdoor spaces.
Wyze1032 shared keywordsWyze designs and sells affordable smart home devices, starting with the $19.99 Wyze Cam, and builds AI-powered software to make its connected products more capable. It targets everyday consumers in the smart home and IoT market.
Vivint726 shared keywordsVivint offers smart home security systems for residential customers, including security hubs, sensors, cameras, and smart locks with professional installation. The company provides 24/7 professional monitoring, home automation controls, and financing options across the United States.
Cielo Wigle700 shared keywordsCielo develops smart thermostats and Wi-Fi AC controllers (such as Breez Max, Breez Eco, and Breez Plus) that add smart control to mini-splits, heat pumps, furnaces, and central HVAC systems. Its free Cielo Home app lets homeowners manage temperature, scheduling, energy monitoring, and geofencing across multiple HVAC systems to improve energy efficiency.
Companies competing with Ecobee for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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 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.