/Companies

ecoVent

acquired by ConnectM Technology SolutionsTechstars '14

Boston, US · Founded 2013 · Delaware corporation · 3 employees on LinkedIn · 1 known investors

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Acquired by ConnectM Technology Solutions June 2017 · terms undisclosed · source ↗

ecoVent made a wireless, sensor-driven smart-vent and hub system allowing homeowners to control room-by-room heating/cooling airflow via smartphone app.

Founders & leadership

ecoVent was founded in 2013 by Dipul Patel and Joel Kelman.

DPDipul Patel
Dipul PatelCo-Founder and CEO2012–2016Dipul Patel founded ecoVent in 2013 and later joined Soluna as an executive focused on energy-efficient data center solutions for green energy sites.
JK
Joel KelmanCo-founder
YK
Yoel KelmanNamed on SEC filing

Board

CJ
Craig JohnsonBoard director
MW
Michael WohlBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$10.5M disclosed across 3 rounds · 2013–2015

▶$7.1MraisedSep 2015 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Yoel KelmanExecutive Officer, Director
  • Craig JohnsonDirector
  • Michael WohlDirector
  • Dipul PatelExecutive Officer, Director
Offering amount
$7.1M
Amount sold
$7.1M
First sale
Jun 2015
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.8MraisedOct 2014 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael WohlDirector
  • Dipul PatelExecutive Officer, Director
  • Joel KelmanExecutive Officer, Director
Offering amount
$2.8M
Amount sold
$2.8M
First sale
Sep 2014
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$605KraisedMay 2014 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dipul PatelExecutive Officer, Director
  • Joel KelmanExecutive Officer, Director
Offering amount
$605K
Amount sold
$605K
First sale
Dec 2013
Incorporated
Corporation, Delaware, 2013
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 ecoVent went on to found or lead other companies.

Frequently asked questions

What does ecoVent do?
ecoVent made a wireless, sensor-driven smart-vent and hub system allowing homeowners to control room-by-room heating/cooling airflow via smartphone app.
Who founded ecoVent?
ecoVent was founded by Dipul Patel, Joel Kelman in 2013.
Who are ecoVent's investors?
ecoVent's investors include Techstars.
How much funding has ecoVent raised?
ecoVent has disclosed $10.5M raised across 3 rounds.
Who acquired ecoVent?
ecoVent was acquired by ConnectM Technology Solutions.
Where is ecoVent headquartered?
ecoVent is headquartered in Boston, US.