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November 26, 2015 11:56 AM ET

Internet Software and Services

Company Overview of EcoFactor, Inc.

Company Overview

EcoFactor, Inc. provides residential energy management solutions for heating, ventilation, and air conditioning. Its Software-as-a-Service-based energy management engine collects, stores, and processes data points from individual homes, local weather stations, and various other geographic inputs. The company provides energy management solutions, including energy efficiency, demand response, diagnostics and recommendations, measurement and verification, and building envelope evaluation. It serves utilities, energy retailers, and home services providers. The company was formerly known as GreenDeeds, Inc. EcoFactor, Inc. was founded in 2006 and is based in Redwood City, California.

1775 Woodside Road

Suite 100

Redwood City, CA 94061

United States

Founded in 2006



Key Executives for EcoFactor, Inc.

Chief Executive Officer
Co-Founder and Senior Vice President of Products
Co-Founder and Vice President of Engineering
Chief Financial Officer and Chief Operating Officer
Chief Technology Officer and Vice President of Engineering
Compensation as of Fiscal Year 2015.

EcoFactor, Inc. Key Developments

EcoFactor Inc. Announces Management Changes

EcoFactor, Inc. announced significant additions to its executive team. Devkumar Das, Senior Vice President of Sales. Dev brings to EcoFactor 20 years of software sales leadership in the cable and telecom industries, having led multiple companies through periods of high revenue growth. Richard Huntley and Charlie Gloeckner, Vice Presidents, Utility Solutions. Rich has spent 20 years delivering successful demand side management (DSM) initiatives to utilities. Charlie brings more than 16 years of experience developing solutions for the energy industry and was a founding member of Touchstone Energy Cooperatives, which consists of 750 utilities serving 30 million customers. Shayan Habib, CFO/COO. Shayan will focus on fundraising and on scaling EcoFactor's capabilities to its growing user base. He'll also lead strategic initiatives. Prior to EcoFactor, he was a partner with the early stage VC fund Ideavelopers, an investment banker with Lehman Brothers, and an entrepreneur in the energy space. In connection with these hires, co-founder John Steinberg will step away from the company.

EcoFactor Appoints Matthew Plante as CEO

EcoFactor announced the appointment of Matthew Plante as Chief Executive Officer, effective immediately. Plante joins EcoFactor from Bidgely, where he served as Vice President of Sales. He will be responsible for accelerating market adoption of EcoFactor and setting the company's vision as it moves into its next chapter of market expansion and growth.

EcoFactor, Inc. Presents at Fifth-Annual Smart Energy Summit, Feb-18-2014 08:45 AM

EcoFactor, Inc. Presents at Fifth-Annual Smart Energy Summit, Feb-18-2014 08:45 AM. Venue: Four Seasons, Austin, Texas, United States. Speakers: Ted Fagenson, CMO.

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