EcoFactor
EcoFactor is a cloud-based home energy management platform founded in 2006 that delivers residential energy optimization services to utilities and home service providers from Palo Alto, California.
- Company typePrivate
- Founded2006
- HeadquartersRedwood City, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What EcoFactor does
EcoFactor is a cloud-based home energy management platform that delivers energy-saving services to utilities and home service providers. Founded in 2006 and headquartered at 441 California Avenue, Suite 2, Palo Alto, California, the company operates with a small team (11–50 employees) and runs a B2B2C model in which utility and service-provider customers deploy EcoFactor's residential energy optimization technology to their end consumers — most likely via connected thermostat and HVAC control software hosted in the cloud.
The company has raised approximately $32 million in disclosed venture funding across five rounds from 2009 to 2015, with Aster, Claremont Creek Ventures, and RockPort Capital as the most consistent backers. A strategic $10 million round led by NRG Energy in October 2013 embedded a major U.S. competitive power retailer as both investor and likely anchor customer, reinforcing the utility-channel orientation of the business. EcoFactor's underlying technology is described in firmographic terms as a cloud-based energy management platform; specific architectural or product details are not disclosed in the available source material.
Beyond operating its energy services business, EcoFactor has historically been an active patent assertion player, most visibly in EcoFactor v. Google LLC. The Federal Circuit issued an en banc decision in late 2025 reversing a $20 million patent damages verdict against Google on Daubert grounds, and the U.S. Supreme Court subsequently denied EcoFactor's appeal in October 2025 — closing that litigation without recovery and removing a material contingent asset from the company's balance sheet. The company continues to maintain an active website and operating presence into 2026, but there are no disclosed recent product launches, partnerships, or capital raises.
EcoFactor firmographics
Firmographics- Name
- EcoFactor
- Legal name
- EcoFactor
- Website
- https://ecofactor.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EcoFactor is a cloud-based home energy management platform founded in 2006 that delivers residential energy optimization services to utilities and home service providers from Palo Alto, California.
- Ownership category
- akta.pro rank
EcoFactor industry classification
Industry- Product category
- Home Energy Management Software
- NAICS
- Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Auto Controls For Regulating Residential & Comml Environments (3822)
- akta.pro primary industry
- Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF)
- akta.pro secondary industries
- Residential Demand Response (Smart Thermostats, HVAC, Water Heating, Home Batteries) (EUAFAGAA), Smart Appliance & Energy Management Integration (HSAHADAG)
Keywords
Where EcoFactor is headquartered
LocationHeadquarters
- HQ city
- Redwood City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
EcoFactor business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
EcoFactor product offering
Product offeringCore offering
EcoFactor provides a cloud-based home energy management platform that delivers energy-saving services to utilities and home service providers. The platform uses HVAC and thermostat optimization analytics to reduce residential energy consumption, and is offered to utility and service-provider partners who deploy it across their customer bases.
Differentiator
Problem solved
Functional benefit
Products and services
- EcoFactor Home Energy Management Platform Cloud-based platform that delivers automated residential energy savings through HVAC and thermostat optimization, providing utilities and home service providers with energy efficiency, demand response, and customer engagement capabilities across their subscriber base.
Companies that use EcoFactor
Customer profileIdeal customer profiles1 record
EcoFactor technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
EcoFactor partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights3 records
EcoFactor competitors and assessment
Company assessmentDirect peers
- Uplight: Utility SaaS for customer energy management, including thermostat/DR programs, formed via merger of EnergySavvy and AutoGrid — competes directly for utility HEMS and DR program contracts.
- EnergyHub: Provides a cloud-based residential DER/DR management platform sold to utilities — closest pure-play B2B peer to EcoFactor's utility-channel model.
- Bidgely: AI-driven home energy disaggregation and personalization platform sold to utilities and energy retailers — overlapping utility-channel customer base and home-energy analytics scope.
- ecobee (Generac): Smart thermostat vendor now owned by Generac with utility-grade demand-response programs — directly competes with EcoFactor in cloud-based residential energy optimization for utilities.
Broad incumbents
- Google Nest: Google's smart thermostat and home energy line — the most direct large-scale competitor to EcoFactor's residential energy management platform and the defendant in EcoFactor's patent litigation.
- Honeywell Home (Resideo): Long-established thermostat/HVAC-controls incumbent with utility programs (e.g., Honeywell Lyric/utility partnerships) — competes with EcoFactor on the same utility and home-service-provider RFPs.
- Itron: Utility-facing energy and water data platform that includes residential DER management — broader incumbent competing for utility-side HEMS/DR software budgets.
Emerging players
- GridPoint: Energy management platform with both commercial and residential offerings, including utility-facing DER/DR programs — partial overlap to EcoFactor's utility-channel energy management business.
- Alarm.com: Smart-home and energy-management platform sold through security/home-service providers — overlaps EcoFactor's home service provider channel and energy feature set.
- Emerson Sensi: Smart thermostat line with utility demand-response integrations — niche competitor with partial overlap to EcoFactor's residential energy management offering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
EcoFactor social profiles
Digital presenceEcoFactor financial estimates
Financial estimateRevenue estimate
Valuation estimate
EcoFactor leadership team
Management profileNumber of profiles
Profiles2 records
EcoFactor funding detail
Funding detailFunding overview
Funding rounds5 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EcoFactor M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EcoFactor
What does EcoFactor do?
EcoFactor provides a cloud-based home energy management platform that delivers energy-saving services to utilities and home service providers. The platform uses HVAC and thermostat optimization analytics to reduce residential energy consumption, and is offered to utility and service-provider partners who deploy it across their customer bases.
Is EcoFactor a public or private company?
EcoFactor is a private company. It is classified as venture growth investor backed and is currently operating.
When was EcoFactor founded?
EcoFactor was founded in 2006. It employs 11 to 50 people.
Where is EcoFactor based?
EcoFactor is headquartered in Redwood City, United States, in the North America region.
Who are EcoFactor's main competitors?
Direct peers on record are Uplight, EnergyHub, Bidgely and ecobee (Generac). Broad incumbents are Google Nest, Honeywell Home (Resideo) and Itron. Emerging players are GridPoint, Alarm.com and Emerson Sensi.
Does EcoFactor have an API?
No public API is recorded for EcoFactor.
What industry is EcoFactor in?
EcoFactor's product category is Home Energy Management Software. Its primary akta.pro industry code is HSAPAQAF, Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers), with a secondary code of EUAFAGAA, Residential Demand Response (Smart Thermostats, HVAC, Water Heating, Home Batteries). Its NAICS code is 334512 and its SIC code is 3822.