About Telkonet
Telkonet is a publicly listed company based in Milwaukee (United States) founded in 1999, and was acquired by VDA Group in January 2022. It operates as a HVAC energy management solutions are provided for commercial spaces. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Telkonet has raised $24.23 million across 13 funding rounds from investors including JPMorgan Chase, Thermo Credit and VDA Group. Telkonet offers products and services including Rhapsody, EcoTouch+, Touch Combo, and Aida. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Building Energy Management. Its legal entity is Telkonet, Inc. Its competitors include Particle, Signify, Danfoss, Landis+Gyr and MRI Software and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Telkonet was founded in 1999 and is headquartered in Milwaukee, United States. Operations focus on the energy management sector, where HVAC solutions for commercial buildings are delivered. EcoSmart products and the EcoCentral platform are offered to lower energy use, HVAC operation time, and utility expenses across various building types. An Android app is also made available for user access.
- Headquarters Milwaukee, United States
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction Technology
- Website telkonet.com
- Social LinkedIn X Facebook
- Acquired by VDA Group (Jan 2022)
- Legal Name Telkonet, Inc.
- Annual Revenue$5.48 M (USD)-27.58as on Dec 31, 2025
- Net Profit-$1.24 M (USD)-26.48as on Dec 31, 2025
- EBITDA-$1.2 M (USD)-31.56as on Dec 31, 2025
- Total Equity Funding$24.23M (USD)
in 13 rounds
- InvestorsJPMorgan Chase
& 2 more
- Acquired byVDA Group
(Jan 2022)
Products & Services of Telkonet
Telkonet offers a comprehensive portfolio of products and services, including Rhapsody, EcoTouch+, Touch Combo, and Aida.
Software for maximizing energy efficiency in buildings
Intelligent device for room-by-room energy savings
Combined hardware for smart energy management
Platform for quick energy saving assessments
Funding Insights of Telkonet
Telkonet has successfully raised a total of $24.23M across 13 strategic funding rounds. 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 $24.23M
- Total Rounds 13
- First Round $300,000
(May 2003)
- Investors Count 2
Latest 10 of 13 funding rounds of Telkonet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | – | Grant | – | – | |
| Oct 2014 | $2M | Debt – Conventional | – | – | – |
| Apr 2011 | $1.36M | Series A | – | – | – |
| Aug 2010 | $1.34M | Series A | – | – | – |
| Dec 2009 | $1.08M | Series A | – | – | – |
| Jun 2008 | $3.5M | Debt – Conventional | – | – | – |
| May 2008 | $400,000 | Debt – Conventional | – | – | – |
| Feb 2008 | $1.5M | Debt – Conventional | – | – | |
| Nov 2007 | $4.47M | Series A | – | – | – |
| Feb 2007 | $10M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in Telkonet
Telkonet has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include JPMorgan Chase, Thermo Credit and VDA Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial services are provided to consumers and corporations worldwide. | 2000 | jpmorganchase.com | New York, United States | |
Business loans are provided to companies by Thermo Credit. | 2002 | thermocredit.com | New Orleans, United States | |
Offers room management systems, smart switches, and interactive TV for hotels worldwide. | 1980 | vdagroup.com | Pordenone, Italy |
Investor details for Telkonet
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People of Telkonet
17 people are tracked at Telkonet (7 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Jeffrey J. Sobieski | CTO | Leadership |
Piercarlo Gramaglia | CEO & Director | Leadership |
Richard E. Mushrush | CFO | Leadership |
Albert Lebron | International Sales Director | Leadership |
Gene Mushrush | Chief Financial Officer | Leadership |
John Srouji | Chief Operating Officer | Leadership |
Rob Frei | Director of Engineering | Leadership |
Gregoire Poirier, MBA | Regional Business Leader, Mid-atlantic, NE USA & Eastern Canada | Team |
Bob Beranek | Channel Account Manager | Team |
Ken Harris | Sr. Developer | Team |
Kevin Thompson | Project Development Engineer | Team |
Christine Olson | Operations Manager | Team |
Mark Chelliah | Regional Sales Manager APAC | Team |
Sanjay K. | Regional Sales Manager | Team |
Stephanie Maresh, MBA | Staff Accountant | Team |
Shannon Hilger | Project Manager | Team |
Robert McKendry | Project Manager | Team |
Complete people profiles for Telkonet
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IPO & Listings of Telkonet
Telkonet is a publicly listed company on the OTC with ticker symbol TKOI in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Oct 2013
- Listed onOTCMKTS: TKOI
- Listed entityTelkonet, Inc.
- Exchange sectorProducer manufacturing
- ISINUS8796041064
- Share price$0.03 (-1.39% on the day) · 2026-10-13
- Market capitalisation$8.2M
- Volume (last session)52,100
Financials of Telkonet
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $5.5M | -$1.2M | -$1.2M |
| 2024 | $7.6M | -$983,110 | -$915,940 |
| 2023 | $8.9M | -$1.2M | -$1.1M |
| 2022 | $8.4M | -$1.3M | -$1.2M |
| 2021 | $6.3M | -$412,790 | -$2.2M |
Detailed financial statements for Telkonet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Telkonet
5 dated milestones of Telkonet across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Telkonet is founded.
- Funding First funding round of $300K.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Grant,.
- Exit Acquired by VDA Group.
Competitors of Telkonet
Telkonet has 10 listed competitors in our database, 7 of them funded. They include Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| danfoss.com | 1933 | Nordborg, Denmark | $41.22M | 27,491 | Manufacturer of energy efficiency products | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| mrisoftware.com | 1971 | Solon, United States | $125M | 781 | Property management software is provided for residential and commercial properties. | |
| tibber.com | 2016 | Stockholm, Sweden | $177M | 61 | Provider of solutions for energy monitoring for residential building | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| powersecure.com | 1991 | Wake Forest, United States | – | 1,030 | Energy efficiency and smart grid management solutions | |
| osram.com | 1919 | Munich, Germany | – | 13 | Automotive lighting equipment is manufactured by Osram in Germany. | |
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. |
Detailed competitors of Telkonet
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Web traffic of Telkonet
The website of Telkonet (telkonet.com) receives about 4.6K visits a month.
- Monthly visits4.6K
▼ 32.1% vs previous month
Websites whose visitors overlap most with Telkonet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ramscompany.com | ramscompany.com | 100% | – | – | – |
wesnetwork.com | wesnetwork.com | 100% | – | – | – |
computer-frontiers.com | computer-frontiers.com | 100% | – | – | – |
cereplex.com | cereplex.com | 100% | – | – | – |
fenestra.com | fenestra.com | 100% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Telkonet
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Top companies in Facility Management Platforms
10 companies that operate in the same segment as Telkonet (Facility Management Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | – | 463 | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based video intercoms and physical security systems are provided. | 2000 | Tysons, Virginia, United States | USD 137.36 M | USD 1.01 B | 2,009 | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 | |
Cloud and app-based facility management and service automation platform | 1999 | New York, New York, United States | USD 54 M | – | – | |
SaaS-based CAFM software is delivered for commercial facility management. | 1995 | Leicester, England, United Kingdom | USD 23.43 M | USD 98.38 M | 774 |
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Related news about Telkonet
Complete news archive for Telkonet
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Frequently Asked Questions about Telkonet
Telkonet was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Telkonet is headquartered in Milwaukee, United States. It is registered at Milwaukee, Wisconsin, United States.
Telkonet is a funded company, having raised a total of $24.23M across 13 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on May 2003.
Annual revenue of Telkonet is $5.48M as on Dec 31, 2025.
Telkonet was founded in 1999 and is headquartered in Milwaukee, United States. Operations focus on the energy management sector, where HVAC solutions for commercial buildings are delivered. EcoSmart products and the EcoCentral platform are offered to lower energy use, HVAC operation time, and utility expenses across various building types. An Android app is also made available for user access.
Telkonet's top competitors include Particle, Landis+Gyr and Danfoss.
Telkonet offers Rhapsody, EcoTouch+, Touch Combo, and Aida.
Yes, Telkonet is publicly traded on OTC under the ticker symbol TKOI.
Telkonet has 3 investors. Key investors include JPMorgan Chase, Thermo Credit, and VDA Group.
Telkonet operates through Telkonet, Inc..
Yes. Telkonet was acquired by VDA Group in January 2022.