EcoFactor

About:

EcoFactor is a cloud-based home energy management platform providing energy-saving services to utilities and home service providers

Website: http://www.ecofactor.com

Twitter/X: EcoFactorCo

Top Investors: Aster, NRG Energy, RockPort Capital, Claremont Creek Ventures

Description:

EcoFactor® is the leader in cloud-based home energy management services. EcoFactor delivers cloud-based home energy management services that improve energy efficiency, reduce energy bills and vastly increase DR efficacy – all while maintaining consumer comfort. EcoFactor’s patented big-data analytics and machine learning algorithms collect and process massive amounts of residential data – including home thermodynamics, family comfort preferences and schedules, plus external data such as weather – to continually monitor, adapt and learn for optimum energy savings. The company provides homeowners significant cost savings automatically, without the need to manually adjust temperature levels or change behavior. EcoFactor’s award-winning service is available through channel partners such as utilities, energy retailers, broadband service providers and HVAC companies. Based in Redwood City, Calif., EcoFactor is privately held, and funded by Aster Capital, Claremont Creek Ventures, NRG and RockPort Capital Partners.