# ecobee funding: rounds and investors

> ecobee has raised $148M across 6 rounds since 2007. Investors include Relay Ventures, Tech Capital Partners and Amazon Alexa Fund. Every round with its source.

Source: https://millionrounds.com/company/ecobee (Millionrounds; every figure on the page links to its filing or article)

Canada · [Series D startup](https://millionrounds.com/companies)

# Who invested in *ecobee*

6 rounds we have observed, with the 18 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Consumer Services Industry 4.0

Funding summary Updated 26 Oct 2026

**$148M** raised across 6 rounds since 2007, from 7 sources

**$2.2M** Round **$6.4M** Venture **$7.5M** Series B **$35M** Round **$61M** Series C **$36M** Series D

- **Latest round:** Series D, $36M May 2018
- **Biggest round:** $61M Series C · Mar 2018
- **Investors:** 18 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2007 2009 2011 2013 2015 2017

**$2.2M** Round

**$6.4M** Venture

**$7.5M** Series B

**$35M** Round

**$61M** Series C

**$36M** Series D

- **First round:** Round, $2.2M
- **Biggest round:** $61M
- **Usual gap between rounds:** 2.5 years

## The rounds

- **May 2018** Series D **$36M** *2 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [AGL Energy](https://millionrounds.com/fund/agl-energy) Reported by FinSMEs SEC filing: $25M sold, first sale Feb 2018
- **Mar 2018** Series C **$61M** *7 new* *1 returning* [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [Amazon Alexa Fund](https://millionrounds.com/fund/amazon-alexa-fund) [Relay](https://millionrounds.com/fund/relay) [Evergy Ventures](https://millionrounds.com/fund/evergy-ventures) [Tech Ventures](https://millionrounds.com/fund/tech-ventures) Energy Impact Partners/ Thomvest North Leaf Ontario Capital Reported by FinSMEs SEC filing: $21M sold, first sale Feb 2018
- **Aug 2016** Round **$35M** *3 new* *1 returning* [Amazon Alexa Fund](https://millionrounds.com/fund/amazon-alexa-fund) Lead [Relay Ventures](https://millionrounds.com/fund/relay-ventures) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Amazon's Alexa Fund](https://millionrounds.com/fund/amazon-s-alexa-fund) Reported by VentureBeat and 1 other SEC filing: $1.5M sold, first sale Aug 2016
- **Aug 2012** Series B **$7.5M** *1 new* *3 returning* [Relay Ventures](https://millionrounds.com/fund/relay-ventures) [Tech Capital Partners](https://millionrounds.com/fund/tech-capital-partners-inc) [Ontario](https://millionrounds.com/fund/ontario) [Just Energy](https://millionrounds.com/fund/just-energy) From a historical funding record
- **Jan 2010** Venture **$6.4M** *2 new* *1 returning* [Relay Ventures](https://millionrounds.com/fund/relay-ventures-4) [Tech Capital Partners](https://millionrounds.com/fund/tech-capital-partners-inc) [Ontario](https://millionrounds.com/fund/ontario) Reported by finsmes.com
- **Jan 2007** Round **$2.2M** *3 new* [Relay Ventures](https://millionrounds.com/fund/relay-ventures) [Tech Capital Partners](https://millionrounds.com/fund/tech-capital-partners-inc) [Investeco Capital](https://millionrounds.com/fund/investeco-capital) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2007 **Venture** 2010 **Series B** 2012 **Round** 2016 **Series C** 2018 **Series D** 2018 [Relay Ventures](https://millionrounds.com/fund/relay-ventures) [Tech Capital Partners](https://millionrounds.com/fund/tech-capital-partners-inc) [Amazon Alexa Fund](https://millionrounds.com/fund/amazon-alexa-fund) L [Ontario](https://millionrounds.com/fund/ontario) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Relay Ventures](https://millionrounds.com/fund/relay-ventures-4) [Relay](https://millionrounds.com/fund/relay) [Evergy Ventures](https://millionrounds.com/fund/evergy-ventures)

## Everyone who backed them

[Relay Ventures](https://millionrounds.com/fund/relay-ventures) VC firm **3** rounds

[Tech Capital Partners](https://millionrounds.com/fund/tech-capital-partners-inc) VC firm **3** rounds

[Amazon Alexa Fund](https://millionrounds.com/fund/amazon-alexa-fund) Corporate VC **2** rounds, led 1

[Ontario](https://millionrounds.com/fund/ontario) Government **2** rounds

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round

[Export Development Canada](https://millionrounds.com/fund/export-development-canada) Government **1** round

[Thomvest Ventures](https://millionrounds.com/fund/thomvest) VC firm **1** round

[Relay Ventures](https://millionrounds.com/fund/relay-ventures-4) VC firm **1** round

[Relay](https://millionrounds.com/fund/relay) Growth equity **1** round

[Evergy Ventures](https://millionrounds.com/fund/evergy-ventures) Corporate VC **1** round

[Investeco Capital](https://millionrounds.com/fund/investeco-capital) VC firm **1** round

[Amazon's Alexa Fund](https://millionrounds.com/fund/amazon-s-alexa-fund) Investment firm **1** round

[AGL Energy](https://millionrounds.com/fund/agl-energy) Corporate VC **1** round

[Just Energy](https://millionrounds.com/fund/just-energy) Corporate VC **1** round

[Tech Ventures](https://millionrounds.com/fund/tech-ventures) VC firm **1** round

Energy Impact Partners/ Thomvest no record of our own yet **1** round

North Leaf no record of our own yet **1** round

Ontario Capital no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ecobee).

## Also claim to have backed them

This firm lists ecobee as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm Per its own site

## Quick answers about ecobee

### Who invested in ecobee?

ecobee's investors include Relay Ventures, Tech Capital Partners, Amazon Alexa Fund, Ontario and BDC Capital, and 13 more on record.

### How much has ecobee raised?

ecobee has raised $148M across 6 rounds since 2007.

### When did ecobee last raise?

ecobee's most recent round was a Series D of $36M in May 2018.

### What was ecobee's biggest round?

ecobee's largest round on record is $61M (Series C), in Mar 2018.

### Who backed ecobee first?

ecobee's first round on record, in Jan 2007, was backed by Relay Ventures, Tech Capital Partners and Investeco Capital.

### What stage is ecobee at?

ecobee's latest named round is a Series D, in May 2018.

### Where is ecobee based?

ecobee is based in Canada.

### Who led ecobee's rounds?

Amazon Alexa Fund led the Undisclosed round in 2016.

## Companies like ecobee

In the same sector, and raised in the last eighteen months.

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**Cyclic Materials** $150M · Aug 2026](https://millionrounds.com/company/cyclic-materials)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**Nunavut Nunkiksautiit Corporation** $10M · Jun 2026](https://millionrounds.com/company/nunavut-nunkiksautiit-corporation)[**BrandPilot** $549K · May 2026](https://millionrounds.com/company/brandpilot)

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