
Zen Ecosystems
Intelligent energy management solutions to businesses and consumers.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
$5.0m | Series B | ||
Total Funding | 000k |
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | (9 %) | - | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Zen Ecosystems, established in 2012, offers intelligent energy management solutions designed to reduce energy consumption for both commercial and residential sectors. The company was founded by James McPhail, who now serves as the CEO. His background in engineering and a keen interest in sustainable technologies drove the creation of a company focused on making energy efficiency simple and accessible.
The core of Zen Ecosystems' offering revolves around smart thermostats and a powerful cloud-based platform, Zen HQ. This platform allows businesses, particularly those with multiple locations such as retail chains, restaurants, and convenience stores, to remotely control and automate their HVAC systems. This centralized control helps to significantly cut energy waste and lower operational costs. For residential customers, the Zen Thermostat provides a user-friendly interface and smart features to optimize home energy use.
The business model is multifaceted, generating revenue through direct sales of its hardware, including the Zen Thermostat and Zen Loop demand response devices. A significant portion of its strategy involves partnerships with national brands, utilities, and network operators. These collaborations enable the company to offer its solutions to a broader market, often integrated into utility-led demand response programs. In these programs, Zen's technology helps to balance the energy grid during peak demand periods, providing an additional value stream. The company primarily targets businesses with multi-site operations and residential consumers looking for energy savings and greater control over their environment.
Keywords: energy management, smart thermostats, IoT, energy efficiency, demand response, commercial HVAC control, building automation, sustainability, cleantech, residential energy