October 28, 2016 11:46 AM ET

Electronic Equipment, Instruments and Components

Company Overview of ecobee, Inc.

Company Overview

ecobee, Inc. manufactures and sells Wi-Fi enabled smart thermostats with remote sensors for residential and commercial applications. The company also offers a mobile application in support to its products through iOS, Android, and BlackBerry platforms. It sells its products through retail stores, professional HVAC contractors, and resellers, as well as its own and other online stores in North America. ecobee, Inc. was formerly known as Avaning Inc. and changed its name to ecobee, Inc. in October 2008. The company was founded in 2007 and is based in Toronto, Canada.

250 University Avenue

Suite 400

Toronto, ON M5H 3E5


Founded in 2007





Key Executives for ecobee, Inc.

Founder, Chief Executive Officer and President
Vice President of Finance
Executive Vice President of Business Development
Vice President of IT
Vice President of Software Development
Compensation as of Fiscal Year 2016.

ecobee, Inc. Key Developments

ecobee, Inc. Presents at Parks Associates' 2016 Smart Energy Summit: Engaging the Consumer, Feb-24-2016 01:30 PM

ecobee, Inc. Presents at Parks Associates' 2016 Smart Energy Summit: Engaging the Consumer, Feb-24-2016 01:30 PM. Venue: Omni Hotel Downtown, Austin, Texas, United States. Speakers: Stuart Lombard, Founder, Chief Executive Officer and President.

ecobee, Inc. Announces the ecobee3 Smarter Wi-Fi Thermostat

ecobee Inc. announced that the ecobee3 smarter wi-fi thermostat with room sensors is the first thermostat to be directly compatible with Amazon Echo, offering homeowners added convenience and comfort in their everyday lives through Amazon’s cloud-based voice service, Alexa. Alexa, the brain behind Amazon Echo, will be able to facilitate requests from across the room. For example, users can say, “Alexa, set my thermostat to 72,” or, “Alexa, increase the temperature in my house,” to control their ecobee3. As the No. 2-selling wi-fi thermostat in North America, the ecobee3 is the only thermostat that uses room sensors to deliver comfort in the rooms that matter most. This unique design resolves a fundamental flaw in traditional thermostat design of only measuring temperature in one location, which contributes to hot and cold spots throughout the home. The ecobee3 saves homeowners an average of 23% on their heating and cooling bills. Compatible with 95% of residential homes in North America, the ecobee3 does not rely on batteries but receives power through a C-wire or its Power Extender Kit (PEK). With its Amazon Echo integration, ecobee leads the category in compatibility with smart home platforms. The ecobee3 smart thermostat is available for $249 on/in Amazon, Apple, Best Buy and Home Depot. The ecobee3 thermostat comes with one free wireless room sensor and supports up to 32 sensors. Additional room sensors can be purchased in a package of two for $79. The ecobee3 is compatible with Amazon Echo, Apple HomeKit, Samsung SmartThings and Wink. The ecobee3 is designed to be compatible with 95% of residential heating and cooling systems in North America and does not require a C-wire when using the included Power Extender Kit.

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