About Montamo
Montamo is a company based in Berlin (Germany) founded in 2023 by Alexander Boehm and Ole Schaumberg.. Montamo has raised $8.76 million across 2 funding rounds from investors including Alter Equity, Rethink Capital Partners and Project A. Montamo offers products and services including Heat Pump Installation. Montamo operates in a competitive market with competitors including Bundesagentur für Arbeit, PageGroup, Michael Page, WorkerHero and TalentSpace, among others.
- Headquarter Berlin, Germany
- Founders Alexander Boehm, Ole Schaumberg
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Montamo Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.76 M (USD)
in 2 rounds
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Latest Funding Round
$6.5 M (USD), Seed
Mar 31, 2025
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Investors
Alter Equity
& 3 more
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Employee Count
Employee Count
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Products & Services of Montamo
Montamo offers a comprehensive portfolio of products and services, including Heat Pump Installation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
End-to-end installation of heat pumps for efficient and sustainable heating solutions
Funding Insights of Montamo
Montamo has successfully raised a total of $8.76M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6.5 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $6.5M
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First Round
First Round
(11 Dec 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Montamo | Valuation | Alter Equity | |
| Dec, 2023 | Amount | Seed - Montamo | Valuation | Project A |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Montamo
Montamo has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Alter Equity, Rethink Capital Partners and Project A. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Alter Equity is focused on impact investing in sustainable startups.
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Founded Year | Domain | Location | |
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Real estate, venture capital investments, and financial services are provided.
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Founded Year | Domain | Location | |
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Project A is recognized as an early-stage venture capital firm focused on European startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Montamo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Montamo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Montamo Comparisons
Competitors of Montamo
Montamo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bundesagentur für Arbeit, PageGroup, Michael Page, WorkerHero and TalentSpace, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Recruitment services and labor market support are provided nationwide.
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| domain | founded_year | HQ Location |
Recruitment consultancy services are provided to businesses and professionals.
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| domain | founded_year | HQ Location |
Recruitment services and job searches are facilitated across UK industries.
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| domain | founded_year | HQ Location |
Recruitment services for workers are provided by WorkerHero in Germany.
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| domain | founded_year | HQ Location |
Recruitment services are provided by TalentSpace for talent acquisition needs.
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| domain | founded_year | HQ Location |
Recruitment services are provided to connect professionals with employers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Montamo
Frequently Asked Questions about Montamo
When was Montamo founded?
Montamo was founded in 2023.
Where is Montamo located?
Montamo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Montamo a funded company?
Montamo is a funded company, having raised a total of $8.76M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.26M, raised on Dec 11, 2023.
What does Montamo do?
Montamo was founded in 2023 and is headquartered in Berlin, Germany. Operations focus on the provision of skilled labor within the renewable energy and HVAC sectors. Services encompass gardening and landscaping tasks, the dismantling of old gas heaters, the installation of new heat pumps, and electrical connections. These activities support residential and commercial transitions to efficient heating solutions in the local market.
Who are the top competitors of Montamo?
Montamo's top competitors include PageGroup, Michael Page and Bundesagentur für Arbeit.
What products or services does Montamo offer?
Montamo offers Heat Pump Installation.
Who are Montamo's investors?
Montamo has 4 investors. Key investors include Alter Equity, Rethink Capital Partners, Project A, and Firstminute Capital.