Ecovent
Ecovent is a technology company.
Financial History
Ecovent has raised $7.7M across 3 funding rounds.
Frequently Asked Questions
How much funding has Ecovent raised?
Ecovent has raised $7.7M in total across 3 funding rounds.
Ecovent is a technology company.
Ecovent has raised $7.7M across 3 funding rounds.
Ecovent has raised $7.7M in total across 3 funding rounds.
Ecovent refers to multiple entities in the indoor air quality and HVAC space, but the most prominent technology company matching the description is ecoVent Systems (also known as Ecovent), a US-based innovator in smart home climate control.[3][2][5] It builds a whole-home zoning system comprising wireless smart vents, sensors, a hub, and app integration with thermostats like Sensi, replacing up to 80% of existing air vents to redirect airflow dynamically.[2][4][5] This serves homeowners with central forced-air HVAC systems, solving uneven room temperatures, energy inefficiency, and poor comfort by enabling room-by-room control based on occupancy, custom setpoints, and schedules via a mobile app.[2][3][4] The system optimizes HVAC performance, with bundles starting for 1,500 sq. ft. homes including 8 vents, 4 sensors, 1 hub, and a thermostat.[4] Founded in 2013, it raised $10.22M in Series A funding (last in ~2015), holds 5 patents (e.g., on parameter gradients for environmental control), and has been acquired or evolved into Keen Home's offerings, showing sustained momentum in smart HVAC.[3][2]
A separate Ecovent (Romanian, founded 2017) focuses on air quality hardware like dehumidifiers, purifiers, and heat-recovery ventilation, launching the Evoair brand in recent years with 1,000+ products and market leadership in Romania.[1] Panasonic's EcoVent is a distinct bathroom fan product line.[7] This analysis centers on the US smart systems company as the primary tech innovator.
ecoVent Systems was founded in 2013 in the US, emerging from the need to make homes smarter and more efficient amid rising smart home adoption.[3][5] Key origins trace to MIT-affiliated innovation, with early development of wireless vents and sensors for precise HVAC zoning—pivotal moments included targeting custom installers and residential builders for room-by-room control.[5][6] The company secured $10.22M total funding, including a $6.9M Series A round about 10 years ago, fueling patents and product scaling.[3] It gained traction through partnerships like Sensi thermostats and app-based controls, later integrating into Keen Home, which now markets the Ecovent system with features like embedded sensors for temperature/pressure monitoring and 1+ year battery life.[2][4] This evolution humanizes it as a pioneer adapting from standalone startup to ecosystem player in home automation.
ecoVent rides the smart home and IoT wave, specifically HVAC optimization amid energy efficiency mandates and rising utility costs, enabling precise zoning without ductwork changes.[2][5] Timing aligns with post-2013 smart thermostat booms (e.g., Nest), where uneven home heating drove demand—market forces like ENERGY STAR standards and builder adoption favor retrofit solutions.[3][4][6] It influences the ecosystem by pushing wireless vent tech, inspiring competitors like Keen Home, and integrating with platforms for broader automation, reducing global home energy waste (HVAC ~50% of usage).[5] In a fragmented IAQ market, it bridges consumer hardware with pro installs, amplifying trends in climate-adaptive homes.
ecoVent's legacy in smart zoning positions it for growth in AI-driven HVAC, with integrations like advanced occupancy AI and energy analytics via Keen Home.[2][4] Trends like net-zero homes, variable-speed HVAC compatibility, and voice assistants will shape expansion, potentially boosting influence through retail scaling and builder partnerships.[3][6] As climate tech accelerates, expect evolved bundles tackling humidity/IAQ holistically—tying back to its core: transforming inefficient homes into zoned sanctuaries of comfort.
Ecovent has raised $7.7M in total across 3 funding rounds.
Ecovent's investors include Allegory, Alsop Louie Partners, Bonfire Ventures, CASC Ventures, Celesta, Craft Ventures, ff Venture Capital, Fifth Wall, Freestyle Capital, Great Oaks Venture Capital, LAUNCH, Prefix Capital.
Ecovent has raised $7.7M across 3 funding rounds. Most recently, it raised $7.0M Series A in June 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2015 | $7.0M Series A | Allegory | |
| Dec 1, 2014 | $610K Seed | Alsop Louie Partners, Bonfire Ventures, CASC Ventures, Celesta, Craft Ventures, ff Venture Capital, Fifth Wall, Freestyle Capital, Great Oaks Venture Capital, LAUNCH, Prefix Capital, Redpoint Ventures, Seven Seven Six, Gary Benitt, Teamworthy Ventures, Y Combinator, David Chang, Doug Barry, Joe Caruso, Michael McCartney, Scott Tannen, Tom McInerney, Wayne Chang | |
| Jan 1, 2014 | $120K Seed | Great Oaks Venture Capital, Seven Seven Six, Teamworthy Ventures, Y Combinator, David Chang, Joe Caruso |