ecobee is a Climate & Home Energy company founded in 2007 and based in Toronto, Canada. It has raised $832M in total funding, most recently an Acquisition (Generac) in 2021 at a $770M valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Nov 1, 2021 | Acquisition (Generac) | $770M | $770M | Generac Holdings |
A user replaced their Ecobee thermostat with Aqara's W200 after adopting Apple's Adaptive Temperature feature.

TVA offers free home energy kits and smart thermostats to customers through its EnergyRight program.

ecobee launches Smart Thermostat Essential, a lower-cost smart thermostat for connected homes.
A user replaced their ecobee smart thermostat with Aqara's W200 model after Apple's Adaptive Temperature feature increased perceived value.
ecobee's flagship Wi-Fi smart thermostat, pairing a color touchscreen with included wireless SmartSensors that read temperature and occupancy in multiple rooms so heating and cooling track where people actually are. It supports Alexa and Siri voice control, Matter, HomeKit, and a built-in air-quality monitor, plus radar-based presence detection. Homeowners use it to cut HVAC energy use and enroll in utility demand-response programs, and it doubles as a home hub with a speaker and smart-home automations.
ecobee's home-security line, including indoor SmartCameras and a wired Smart Doorbell Camera with person detection, two-way audio, and 1080p or higher video. The devices integrate into the ecobee app alongside thermostats and sensors, letting households monitor entries and rooms while reusing the same occupancy data that informs climate control. Subscription tiers add cloud video storage and smart alerts, positioning ecobee as a whole-home platform rather than a thermostat-only brand.
1 patent on file, but none with both an extractable figure and an abstract on Google Patents yet.
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