About Thermondo
Thermondo is a company based in Berlin (Germany) founded in 2012 by Florian Tetzlaff was acquired by Brookfield Asset Management in January 2021. 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. Thermondo operates in a competitive market with competitors including OVO Energy, Hometree, Harvest Thermal, Parity and Sealed, among others.
- Headquarter Berlin, Germany
- Founders Florian Tetzlaff
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Sectors
Energy & Utilities
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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 Thermondo Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$56.32 M (USD)
in 5 rounds
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Latest Funding Round
$24.42 M (USD), Series C
Nov 02, 2017
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Investors
Eneco
& 8 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Brookfield Asset Management
(Jan 08, 2021)
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People of Thermondo
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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.
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.
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Vorwerk Ventures is engaged in venture capital funding for tech startups.
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Venture capital funding is provided to digital company founders.
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Venture capital firm focused on multiple sectors
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Investor details for Thermondo
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Investments & Acquisitions by Thermondo
Thermondo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Febesol.
Investment portfolio details for Thermondo
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solar systems and photovoltaic solutions are provided regionally.
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Complete acquisition details for Thermondo
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Financial Statements - Thermondo
Detailed financials for Thermondo
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Thermondo Comparisons
Peer comparison for Thermondo
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Competitors of Thermondo
Thermondo 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 OVO Energy, Hometree, Harvest Thermal, Parity and Sealed, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Renewable energy is supplied via app-based platform by OVO Energy.
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Provider of an online platform for home insurance
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Smart thermal battery HVAC systems are developed for energy optimization.
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Energy consumption is monitored and optimized via cloud-based platforms.
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Energy audits are provided for homes and commercial buildings.
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Detailed competitors of Thermondo
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Latest news on 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's top competitors include OVO Energy, Hometree and Harvest Thermal.
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.