About tado°
tado° is a company based in Munchen (Germany) founded in 2011. tado° has raised $245.02 million across 10 funding rounds from investors including Siemens, Zurcher Kantonalbank and Panasonic. The company has 201 employees as of December 31, 2023. tado° has completed 1 acquisition, including aWATTar. tado° offers products and services including Smart Radiator Thermostat X, Smart Thermostat X, and tado° App. tado° operates in a competitive market with competitors including ecobee, MRI Software, Savant Systems, Tibber and Span.IO, among others.
- Headquarter Munchen, Germany
- Employees 201 as on 31 Dec, 2023
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Sectors
Energy & UtilitiesTechnology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Tado Gmbh
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Annual Revenue
$715.19 K (USD)362as on Dec 31, 2023
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Net Profit
$14.35 K (USD)1as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$245.02 M (USD)
in 10 rounds
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Latest Funding Round
$32.7 M (USD), Series E
Mar 18, 2025
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Investors
Siemens
& 20 more
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Employee Count
201
as on Dec 31, 2023
- Investments & Acquisitions
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Products & Services of tado°
tado° offers a comprehensive portfolio of products and services, including Smart Radiator Thermostat X, Smart Thermostat X, and tado° App.
Device for controlling radiator heating efficiently via app.
App-controlled thermostat for room temperature management.
Mobile app for monitoring and optimizing home energy use.
People of tado°
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Funding Insights of tado°
tado° has successfully raised a total of $245.02M across 10 strategic funding rounds. The most recent funding activity was a Series E round of $32.7 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.
Investors in tado°
tado° has secured backing from 21 investors, including institutional and venture fund investors. Prominent investors backing the company include Siemens, Zurcher Kantonalbank and Panasonic.
| Investor | Description | Founded Year | Domain | Location |
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Stage agnostic venture capital firm
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High-tech industries are targeted for investments by Bayern Kapital.
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Locked | Locked | Locked | |
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Venture capital investment in clean tech or climate tech
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Locked | Locked | Locked |
Investor details for tado
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by tado°
tado° has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include aWATTar.
Investment portfolio details for tado
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Energy transaction and e-charging services are provided by aWATTar.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for tado
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - tado
Detailed financials for tado
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Tado° Comparisons
Peer comparison for tado
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Competitors of tado°
tado° 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 ecobee, MRI Software, Savant Systems, Tibber and Span.IO, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Provider of smart thermostats for commercial and residential applications
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Property management software is provided for residential and commercial properties.
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Connected devices are managed via an app and hub system.
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Provider of solutions for energy monitoring for residential building
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of tado
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Latest news on Tado°
Complete news archive for tado
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Frequently Asked Questions about tado°
tado° was founded in 2011 and raised its 1st funding round 1 year after it was founded.
tado° is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Toon Bouten is the current CEO of tado°.
tado° is a funded company, having raised a total of $245.02M across 10 funding rounds to date.
As of Dec 31, 2023, the latest employee count at tado° is 201.
Annual revenue of tado° is $715.19K as on Dec 31, 2023.
tado was founded in 2011 in Munich, Germany, and operates in the IoT and SaaS sector focused on building energy management. Solutions for optimizing energy use in residential and commercial spaces are delivered through connected devices. Products encompass smart thermostats for air conditioning and radiators, infrared controls for remote AC operation, and wireless temperature sensors integrated with the core offerings. Operations emphasize efficient climate control across European markets.
tado°'s top competitors include ecobee, Span.IO and Savant Systems.
tado° offers Smart Radiator Thermostat X, Smart Thermostat X, and tado° App.
tado° has made 1 acquisition, including aWATTar.
tado° has 21 investors. Key investors include Siemens, Zurcher Kantonalbank, Panasonic, E.ON, and HomeServe.