Ecopilot
Ecopilot Canada | USA provides AI-powered HVAC optimization software that layers onto existing Building Automation Systems to deliver guaranteed energy savings for commercial real estate owners, REITs, and institutional facilities across North America.
- Company typePrivate
- Founded2008
- HeadquartersDartmouth, Canada
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Ecopilot does
Ecopilot Canada | USA, founded in 2008 and headquartered in Dartmouth, Nova Scotia, operates as a division of The Shea Group of Companies. The company sells iBOS Energy, an AI-driven optimization layer that integrates with existing Building Automation Systems (BACNet, Modbus) to autonomously recalculate HVAC setpoints every two minutes using a proprietary balance point temperature algorithm fed by real-time indoor sensor data, five-day weather forecasts, and building thermal mass models. The platform reports an average 25% reduction in HVAC energy consumption across customer installations and is paired with a 24/7 online dashboard for measurement, verification, and portfolio reporting. Through a May 2024 authorized reseller agreement with Sweden-based NODA Intelligent Systems, EcoPilot also distributes NODA Building (15-minute AI heating optimization for smaller-to-mid-sized buildings) and NODA Energy Network (district thermal energy management), broadening its product surface beyond single-building HVAC.
EcoPilot serves commercial real estate owners, REITs, property managers, and institutional facilities across healthcare, senior living, education, hospitality, and affordable housing, with named customers including Crombie REIT, Ravelin REIT, Concert Properties, Minto Group, Southwest Properties, Shannex, Colliers Canada, Halifax Marriott Harbourfront, and VIDA. The revenue model is outcome-based: EcoPilot charges fees tied to verified, documented HVAC energy savings with no upfront installation cost, aligning vendor incentives with customer results. Distribution combines direct enterprise field sales with channel partnerships including Colliers PropTech Lab, NYC Accelerator, ConEd RTEM, Emissions Reduction Alberta, and regional system integrators (AEM, PMC Energy, Acela Energy Group). The company reports 1,300+ cumulative global installations since commercialization, with active market presence in Atlantic Canada, Ontario, Western Canada, and the United States.
Ecopilot firmographics
Firmographics- Name
- Ecopilot
- Legal name
- EcoPilot Canada Inc. and EcoPilot USA Inc.
- Website
- https://ecopilotai.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Ecopilot Canada | USA provides AI-powered HVAC optimization software that layers onto existing Building Automation Systems to deliver guaranteed energy savings for commercial real estate owners, REITs, and institutional facilities across North America.
- Ownership category
- akta.pro rank
Ecopilot industry classification
Industry- Product category
- Building Energy Management Software
- NAICS
- Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513)
- SIC
- Auto Controls For Regulating Residential & Comml Environments (3822), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Smart HVAC, IAQ & Energy Optimization (HSAPAPAB)
- akta.pro secondary industries
- HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls) (BPABAGAB), Building Automation & Controls (BAS/BMS) (HSAPAPAA)
Keywords
Where Ecopilot is headquartered
LocationHeadquarters
- HQ city
- Dartmouth
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Ecopilot business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain
Revenue model
- Performance-based HVAC optimization fees (iBOS Energy): EcoPilot charges fees tied to verified, documented HVAC energy savings — customers pay only from what they save. There is no upfront installation cost. This performance-based model aligns EcoPilot's incentives with customer outcomes and is the primary revenue stream.
- NODA product reselling: As authorized reseller of NODA Intelligent Systems AI products (NODA Building, NODA Network), EcoPilot earns revenue from sales of these products and services across North America.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Pay-as-you-go | Performance-based model with guaranteed savings |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels7 records
Ecopilot product offering
Product offeringCore offering
EcoPilot sells AI-powered HVAC optimization software that layers onto existing Building Automation Systems (BAS) to autonomously adjust heating, cooling, and ventilation setpoints every two minutes using real-time indoor data, weather forecasts, and building thermal mass analysis. The core product, iBOS Energy, is sold on a performance-based pricing model with no upfront installation cost; customers pay only from verified energy savings. EcoPilot also resells NODA Building and NODA Network products from NODA Intelligent Systems for heating-specific and district energy optimization across North America.
Product overview
EcoPilot Canada | USA offers a portfolio of AI-driven building energy optimization products. The core product is iBOS Energy, an AI layer that integrates with existing Building Automation Systems (BAS) to autonomously optimize HVAC operations in commercial buildings every 2 minutes, delivering guaranteed energy savings with no upfront cost. Through a partnership with NODA Intelligent Systems (Sweden), EcoPilot also resells two additional products: NODA Building — a heating-specific AI optimization system targeting smaller-to-mid-sized multi-residential and commercial buildings that fine-tunes heating every 15 minutes; and NODA Energy Network — a district and local energy management platform for thermal networks, demand-side management, and supply-side optimization across city-wide heating/cooling infrastructure. All three products leverage real-time data, weather forecasting, and building thermodynamics to reduce energy consumption and carbon emissions.
Differentiator
Problem solved
Functional benefit
Brands
- iBOS® Energy: AI-driven optimization layer for Building Automation Systems (BAS) that continuously improves HVAC performance, enhancing comfort stability while reducing energy use and emissions. Calculates optimal setpoints every two minutes using indoor data, weather, and building thermal characteristics.
- NODA Building
- NODA Network
- Carbon Hero Award
Products and services
- iBOS Energy AI-powered HVAC optimization software that layers onto existing Building Automation Systems (BAS) and continuously optimizes heating, cooling, and ventilation setpoints every two minutes using real-time indoor data, weather forecasts, and building thermal mass analysis. Delivers guaranteed energy savings with no upfront installation cost; EcoPilot is paid only from verified savings. Targets commercial real estate owners, REITs, property managers, senior living operators, schools, and healthcare facilities.
- NODA Building AI-based heating optimization system sold in North America by EcoPilot under authorized reseller agreement with NODA Intelligent Systems. Automatically fine-tunes energy usage every 15 minutes based on real heating needs, leveraging temperature sensors, weather forecasts, and self-learning AI models. Targets smaller-to-middle-sized multi-residential and commercial buildings.
- NODA Energy Network District and local energy management platform sold by EcoPilot as authorized reseller of NODA Intelligent Systems. Specializes in thermal network optimization, demand-side management, and supply-side management across heat networks, cooling systems, HVAC, heat pumps, gas infrastructure, and geothermal applications. Provides dynamic control of supply and demand, load control, virtual storage, and city-wide active demand response.
Quantifiable outcome
- 25% average annual HVAC energy consumption reduction
- +7 more outcomes
Companies that use Ecopilot
Customer profileNamed customers17 records
Segments5 records
Ideal customer profiles4 records
Ecopilot technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability4 records
Feature6 records
Ecopilot partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered major, core and minor.
- Emissions Reduction Alberta (ERA)majorEmissions Reduction Alberta (ERA) supports EcoPilot's rapid expansion across Western Canada by providing funding and credibility for AI energy solutions. ERA backs technology initiatives that reduce emissions and advance sustainable building management in Alberta.
- NODA Intelligent SystemscoreEcoPilot Canada | USA partnered with NODA Intelligent Systems (founded 2005, based in Karlshamm, Sweden) as authorized reseller of NODA's AI products including NODA Building and NODA Network across North America. NODA specializes in thermal energy optimization for district heating, cooling, heat pumps, and gas systems using AI. NODA spun off from Blekinge Institute of Technology and maintains ties with universities and research institutes. The partnership expands EcoPilot's offerings to smaller/mid-sized buildings with faster payback.
- Colliers PropTech LabcoreColliers PropTech Lab evaluates PropTech solutions and guides clients in selecting tools for construction, building management, and energy conservation. EcoPilot's iBOS Energy received immediate green light from Colliers' PropTech team after a successful pilot at Maritime Centre (owned by Ravelin REIT), achieving 10%+ reduction in heating/electricity costs within 10 months. Colliers provides referrals and endorsement to its property management client base.
- Con Edison (RTEM Program)coreEcoPilot is an approved contractor in Con Edison's Real-Time Energy Management (RTEM) program for NYC commercial buildings. RTEM systems work with existing BAS, using sensors and advanced analytics to visualize energy consumption, diagnose faulty equipment, and identify low-cost operational improvements. EcoPilot qualifies customers for ConEd incentives.
- NYC AcceleratorcoreNYC Accelerator is a program of the NYC Mayor's Office of Climate & Environmental Justice designed to help building stakeholders meet decarbonization targets and Local Law 97 compliance. EcoPilot is an approved service provider offering AI for HVAC solutions to reduce energy and carbon emissions for NYC buildings.
- Constellation (Efficiency Made Easy)minoriBOS was added to Constellation's Efficiency Made Easy program, which helps identify, implement, and fund efficiency improvements with no upfront capital. Constellation connects iBOS to large energy consumers in the US market.
- EnPoweredcoreEcoPilot partnered with EnPowered to combine peak demand prediction with autonomous HVAC curtailment during peak demand events. The integrated solution delivers superior energy savings during expensive peak periods.
- Advanced Energy Management Ltd. (AEM)coreAEM (Halifax, NS) is a system integration partner that has collaborated with EcoPilot on multiple projects including Winchester Place (with Honeywell Canada) and Sacred Heart School. AEM handles BAS integration and calibration to maximize efficiency.
- PMC EnergyminorPMC Energy (Dartmouth, NS) integrated NODA Building with Distech Controls at Lakecrest Estates for EcoPilot's NODA product deployment.
- Acela Energy GroupminorMassachusetts-based firm representing iBOS in the US market as part of EcoPilot's US expansion strategy.
- Forbes / Ali Hoss (Colliers)majorForbes article by Ali Hoss, Head of Sustainability & Asset Optimization at Colliers, titled 'Beyond The Hype: The True ROI Of Generative AI In Building Operations' featured EcoPilot's AI-driven HVAC optimization as a practical, measurable AI application in commercial buildings.
- The Shea Group of CompaniescoreEcoPilot Canada | USA is a division of The Shea Group of Companies, a diversified holding company with operations including Castone Construction, Grey Cardinal (construction management), commercial and residential real estate developments, and hospitality accommodations. The Shea Group generates over $55 million in annual revenue and is led by Dean Shea, inducted into Atlantic Business Magazine's Hall of Fame.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Ecopilot competitors and assessment
Company assessmentDirect peers
- BrainBox AI: Canadian AI-HVAC optimization company serving commercial real estate with a deep-learning layer over existing BAS. Closest direct competitor to EcoPilot's iBOS Energy, targeting the same customer profile and outcome-based value proposition.
- 75F: US-based provider of IoT and AI-driven HVAC optimization for commercial buildings, offering cloud-based building management and predictive control similar to iBOS Energy's autonomous setpoint optimization.
- Switch Automation: Building analytics and automation platform delivering real-time HVAC and energy optimization for portfolios of commercial buildings. Competes with EcoPilot on AI-driven operational savings for CRE owners.
- GridPoint: Energy management and HVAC optimization platform for commercial and small-business buildings. Competes with EcoPilot on AI-driven BAS optimization, energy analytics, and decarbonization reporting.
- Budderfly: Energy-as-a-service provider for commercial buildings that funds and manages HVAC and lighting upgrades, charging on outcome basis similar to EcoPilot's performance-based model. Targets multi-site commercial customers with no-upfront-cost energy savings.
Emerging players
- Kode Labs: Smart-building operating system that integrates data from multiple BAS vendors and applies analytics to optimize building performance. Overlaps with EcoPilot's analytics and integration capabilities but with a broader portfolio-management orientation.
- Enverid Technologies: Provider of HVAC indoor air quality solutions and clean air technology that integrates with building management systems. Adjacent to EcoPilot's HVAC optimization focus, especially in IAQ-conscious institutional customers.
Broad incumbents
- Honeywell Building Technologies: Major BAS vendor (Honeywell Niagara, Forge) used by EcoPilot customers as the underlying system iBOS integrates with. Represents both a partnership surface and the largest competitive threat if it bundles in-house AI optimization.
- Johnson Controls (OpenBlue): Global building automation incumbent with OpenBlue digital platform for AI-driven HVAC optimization and analytics. Competes with EcoPilot across large commercial portfolios and may displace specialized AI overlays via bundled offerings.
- ABB Electrification: Industrial and building automation incumbent with smart-building control offerings. Adjacent competitor with the scale and R&D resources to expand AI-driven HVAC optimization into EcoPilot's territory.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Ecopilot social profiles
Digital presenceEcopilot compliance and trust
Trust signalCompliance1 record
Ecopilot financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ecopilot leadership team
Management profileNumber of profiles
Profiles6 records
Ecopilot funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ecopilot 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 Ecopilot
What does Ecopilot do?
EcoPilot sells AI-powered HVAC optimization software that layers onto existing Building Automation Systems (BAS) to autonomously adjust heating, cooling, and ventilation setpoints every two minutes using real-time indoor data, weather forecasts, and building thermal mass analysis. The core product, iBOS Energy, is sold on a performance-based pricing model with no upfront installation cost; customers pay only from verified energy savings. EcoPilot also resells NODA Building and NODA Network products from NODA Intelligent Systems for heating-specific and district energy optimization across North America.
Is Ecopilot a public or private company?
Ecopilot is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ecopilot founded?
Ecopilot was founded in 2008. It employs 1 to 10 people.
Where is Ecopilot based?
Ecopilot is headquartered in Dartmouth, Canada, in the North America region.
How does Ecopilot make money?
Two revenue lines are on record. Performance-based HVAC optimization fees (iBOS Energy) is the primary driver. The others are NODA product reselling.
Who are Ecopilot's main competitors?
Direct peers on record are BrainBox AI, 75F, Switch Automation, GridPoint and Budderfly. Emerging players are Kode Labs and Enverid Technologies. Broad incumbents are Honeywell Building Technologies, Johnson Controls (OpenBlue) and ABB Electrification.
Does Ecopilot have an API?
No public API is recorded for Ecopilot.
What industry is Ecopilot in?
Ecopilot's product category is Building Energy Management Software. Its primary akta.pro industry code is HSAPAPAB, Smart HVAC, IAQ & Energy Optimization, with a secondary code of BPABAGAB, HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls). Its NAICS code is 334512 and its SIC code is 3822.