About Thermondo
Thermondo is an Energy & Utilities company based in Berlin (Germany) founded in 2012 by Florian Tetzlaff, and was acquired by Brookfield Asset Management in January 2021. Energy-efficient heating systems are installed in single-family homes. Thermondo has raised $56.32 million across 5 funding rounds from investors including Eneco, E.ON and Rocket Internet. Thermondo has completed 1 acquisition, including Febesol. Its website thermondo.de draws about 418 thousand monthly visits. Its focus areas include Energy Tech, Energy Efficiency Tech, ESCO and HVAC as a Service. Its legal entity is Thermondo GmbH.
Company details
Thermondo was founded in 2012 in Berlin, Germany, as a provider of installation services for heating systems in the residential sector. Operations focus on single-family homes, with offerings that include condensing boilers, solar heaters, fuel cell heaters, gas heaters, oil heaters, and solar thermal solutions. These services address energy-efficient technologies for heating equipment within the German market.
- Headquarters Berlin, Germany
- Founders Florian Tetzlaff
- Stage Acquired
- SectorsEnergy & Utilities
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Email••••••••
- Phone•••• ••••
- Website thermondo.de
- Social LinkedIn X Instagram YouTube
- Acquired by Brookfield Asset Management (Jan 2021)
- Legal Name Thermondo Gmbh
- Total Equity Funding$56.32M (USD)
in 5 rounds
- Latest Funding Round$24.42M (USD), Series C
Nov 2017
- InvestorsEneco
& 8 more
- Investments & Acquisitions
- Acquired byBrookfield Asset Management
(Jan 2021)
Apps and channels of Thermondo
its YouTube channel thermondo has 3.62K subscribers and 30 videos.
Videos from Thermondo
The most watched videos on Thermondo's YouTube channel, thermondo (3.62K subscribers). Click a video to play it here.
More on thermondo.
Funding Insights of Thermondo
Thermondo has successfully raised a total of $56.32M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $24.42 million completed in November 2017. 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 $56.32M
- Total Rounds 5
- Last Round Series C — $24.42M
- Investors Count 8
All 5 funding rounds of Thermondo 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 |
|---|---|---|---|---|---|
| Nov 2017 | $24.42M | Series C | – | Eneco, Vorwerk Ventures | |
| May 2016 | $25.55M | Series C | – | Global Founders Capital | |
| Apr 2015 | $6.35M | Series B | – | Rocket Internet, HV Capital | |
| Sep 2014 | Series A | – | E.ON | – | |
| Jul 2013 | Seed | – | IBB Ventures | – |
9 investors in total: 9 institutional.
Investors in Thermondo
Thermondo has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Eneco, E.ON and Rocket Internet.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Vorwerk Ventures is engaged in venture capital funding for tech startups. | vorwerkventures.com | Berlin, Germany | ||
Venture capital funding is provided to digital company founders. | hvcapital.com | Munich, Germany | ||
Venture capital firm focused on multiple sectors | ibbventures.de | Berlin, Germany | ||
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses | picuscap.com | Munich, Germany | ||
Venture capital firm focused on early-stage startups | globalfounderscapital.com | Berlin, Germany | ||
Global investments in internet and technology startups are facilitated. | 2006 | rocket-internet.com | Berlin, Germany | |
Focus is placed on real estate and renewable energy investments. | 1899 | brookfield.com | Toronto, Canada | |
Producer and supplier of natural gas, electricity, and heat | 1995 | eneco.nl | Rotterdam, Netherlands | |
Provider of electricity and natural gas distribution services | 2000 | eon.com | Essen, Germany |
Investor details for Thermondo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Thermondo
14 people are tracked at Thermondo (10 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Florian Tetzlaff | Co-Founder | Leadership |
David Hanf | Leadership | |
Stephan Herwig | Leadership | |
Armin Krahl | Chief Product Officer | Leadership |
Stas Mytsyk | Head Of Engineering | Leadership |
Josef Gatzek | Chief Financial Officer | Leadership |
Benjamin Purrmann | Head Of Partnermanagement - SHK & Elektro | Leadership |
Felix Plog | Chief Executive Officer | Leadership |
Richard Lucht | Vice President Brand, Communications & Public Affairs | Leadership |
Dominique Vandamme | VP Commercial Product & Data | Leadership |
Maik Schiering | Sales | Team |
Dennis Braun | Sales Manager | Team |
Christina Walke | Brand Marketing Expert | Team |
Sara Dias | Senior Analytics Engineer | Team |
Complete people profiles for Thermondo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Thermondo
Thermondo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Febesol.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Solar systems and photovoltaic solutions are provided regionally. | febesol.de | Sankt Leon Rot, Germany | 2009 | Apr 2024 | •••• |
Complete acquisition details for Thermondo
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
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- Exports
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Timeline of Thermondo
5 dated milestones of Thermondo across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Thermondo is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $24.4M.
- Exit Acquired by Brookfield Asset Management.
- Acquisition Acquires Febesol.
Web traffic of Thermondo
The website of Thermondo (thermondo.de) receives about 417.9K visits a month and ranks #118,824 among all websites worldwide, #905 in Construction and Maintenance.
- Monthly visits417.9K
▲ 4.6% vs previous month
- Unique visitors265.6K
per month
- Global rank#118,824
among all websites
- Category rank#905
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate64%
- Pages per visit2.6
- Average visit45 sec
- DevicesDesktop 19% · Mobile 81%
Websites whose visitors overlap most with Thermondo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
buderus.de | buderus.de | 100% | #137,394 | – | |
vaillant.de | vaillant.de | 93% | #144,525 | – | |
haustechnikdialog.de | haustechnikdialog.de | 89% | #61,964 | – | |
dein-heizungsbauer.de | dein-heizungsbauer.de | 86% | #392,544 | – | |
stiebel-eltron.de | stiebel-eltron.de | 80% | #264,469 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Thermondo
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Thermondo
Complete news archive for Thermondo
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Frequently Asked Questions about Thermondo
Thermondo was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Thermondo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Thermondo is a funded company, having raised a total of $56.32M across 5 funding rounds to date.
Thermondo was founded in 2012 in Berlin, Germany, as a provider of installation services for heating systems in the residential sector. Operations focus on single-family homes, with offerings that include condensing boilers, solar heaters, fuel cell heaters, gas heaters, oil heaters, and solar thermal solutions. These services address energy-efficient technologies for heating equipment within the German market.
Thermondo has made 1 acquisition, including Febesol.
Thermondo has 9 investors. Key investors include Eneco, E.ON, Rocket Internet, Brookfield Asset Management, and Vorwerk Ventures.
Thermondo operates through Thermondo Gmbh.
Yes. Thermondo was acquired by Brookfield Asset Management in January 2021.
The website of Thermondo receives about 418 thousand visits a month and ranks #118,824 among all websites worldwide.