Ecovent Closes Series A Funding Round With $6.9 Million, Brings In Over $1 Million In Pre-Orders

The room-by-room climate control system maker Ecovent has closed its Series A funding round, led by Emerson Climate Technologies, with a total of $6.9 million in new funding, according to a recent press release.

In addition to participation from the Emerson subsidiary, Blue Fog Capital and Tamarisc were participants in this funding round.

In addition to the good news concerning the Series A funding round, the company reported that it has already received more than $1 million in pre-orders for the product, which was awarded Automation Product of the Year at CES 2015.

The press release provides a bit more information:

Ecovent is transforming the home by giving consumers control over their comfort in every room. Ecovent’s advanced system of wireless vents and sensors intelligently diagnose the factors impacting room temperature and automatically adjust airflow into each room to achieve the perfectly desired temperature. With Ecovent, homeowners have the ability to control the temperature of each room individually through an app, saving energy and money by heating and cooling only the rooms that need conditioning instead of the entire home.

For HVAC contractors and other industry professionals looking to deliver home climate control to their customers, Ecovent provides a complete, wireless zoning system that is more cost effective, less invasive and far easier to install than traditional zoning systems.

“Today’s cars allow passengers and drivers to set individual temperatures, yet most homes have only one adjustable zone, and it’s time to change that,” stated Dipul Patel, CEO and co-founder of Ecovent. “We developed the Ecovent system to give people room-by-room temperature control in any home – automatically. It’s incredibly exciting to have the support of an industry titan like Emerson to help us bring Ecovent to a larger audience as we change the way homeowners experience comfort in their homes.”

“With Ecovent, we see the potential to fix an issue that has gone unsolved in the residential HVAC industry for decades,” commented Bob Sharp, Emerson executive vice president and climate technologies business leader. “Ecovent’s ability to function seamlessly in tandem with Emerson’s solutions for home comfort and energy efficiency makes them a natural fit as an investment and strategic partner.”

It’s a wonder that it has taken so long for a company to bring this idea this far. Those interested in finding out more about the system can do so here.

Image Credit: Ecovent