Ecoisme
Smart home energy monitor identifying appliance consumption.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
€600k | Seed | ||
| Total Funding | 000k | ||
| USD | 2022 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Ecoisme developed a smart home energy management system designed to monitor the electricity consumption of individual household appliances. The company's offering consisted of a single sensor attached to the main power line and a software component, which included a mobile application. Using a combination of spectrum and power analysis, the system could identify the unique energy signatures of different devices, such as refrigerators, TVs, and phone chargers.
The platform provided homeowners with a detailed breakdown of their energy usage by appliance, offered personalized tips for reducing consumption, and sent alerts for devices accidentally left running. It also featured capabilities to switch users to more favorable utility tariffs and integrate with other smart home devices like Nest and Amazon Alexa for automated control. The stated goal was to help users save up to 15-30% on their electricity bills. The business model was based on the sale of the hardware sensor and access to the analytics software.
Founded in 2013 by Ukrainian entrepreneurs Ivan Pasichnyk, Alexander Diatlov, and Anton Diatlov, the startup emerged from an energy-focused hackathon. The company, which was headquartered in London and had operations in Krakow, Poland, gained early traction through a successful Indiegogo crowdfunding campaign that raised over $67,000. Ecoisme participated in several accelerator programs, including Virgin Media Accelerator in partnership with TechStars and received support from EIT InnoEnergy. Over its lifetime, the company raised approximately $274,000 in funding from various investors and grants. According to public records, the company is now out of business.
Keywords: home energy monitoring, smart home sensor, appliance recognition, energy consumption analysis, electricity saving, utility management, IoT device, power analysis, spectrum analysis, smart energy advisor, residential energy management, energy efficiency tips, real-time alerts, connected home, smart grid technology, energy data, Ivan Pasichnyk, cleantech, greentech