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Thermondo

company

About

Thermondo promote the energy transition with innovative heat solutions.

  • 101 - 250

Highlights

Total Funding Amount
€41.70M
Funding Rounds
4
Investors
3

Details

Last Funding Type
Series A
Last Funding Money Raised
€2.30M
Industries
Energy,Energy Efficiency,Renewable Energy
Founded date
Oct 1, 2012
Number Of Employee
101 - 250
Operating Status
Active

Thermondo promote the energy transition with innovative heat solutions.Directly to the customer, providing superior energy products. Thermondo is a an integrated energy company offering state-of-the-art energy efficiency services. Thermondo became the largest installer of heating solution in Germany applying digital process excellence and quality management. They believe in deep vertical integration in order to achieve market disrupting quality and an outstanding customer experience.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
€41.70M
Thermondo has raised a total of €41.70M in funding over 2 rounds. Their latest funding was raised on Nov 8, 2017 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 8, 2017 Debt Financing €9.50M 1 — — Detail
May 30, 2016 Series C €23.50M 1 — — Detail
Apr 14, 2015 Series B €6.40M 1 — — Detail
Sep 18, 2014 Series A €2.30M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
—
3
Thermondo is funded by 3 investors. Volksbank Berlin and Rocket Internet are the most recent investors.
Investor Name Lead Investor Funding Round
Volksbank Berlin — Debt Financing
Rocket Internet — Series C
Mutschler Ventures AG — Series A
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