T
Thermondo
Energy · Berlin, Germany · Founded 2012
Promotes the energy transition with innovative heat solutions MoreLess
Thermondo operates in the residential heating market, providing innovative heating solutions that enhance energy efficiency and sustainability. The company primarily serves homeowners looking to upgrade or replace their heating systems with more efficient and environmentally friendly options. Thermondo's business model revolves around offering a comprehensive service that includes consultation, installation, and maintenance of heating systems. The company generates revenue through the sale and installation of heating systems, as well as ongoing maintenance services. By leveraging technology and a skilled workforce, Thermondo aims to streamline the heating system upgrade process, making it more accessible and efficient for its clients.
Keywords: heating solutions, residential properties, energy efficiency, sustainability, homeowners, consultation, installation, maintenance, technology, skilled workforce.
Company overview
Thermondo company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2012
- Headquarters
- Berlin, Germany
- Employees
- 496
- Open positions
- 67
- Dealroom signal
- 86.9
- Investment activity
- 1 companies · latest Apr 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Thermondo funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Jul 2025 | $55M | — | Undisclosed | ↗ |
| GROWTH EQUITY VCOther financing | May 2020 | $0 | — | Redstone · Berliner Volksbank Ventures | — |
| ACQUISITIONOther financing | Jan 2020 | $0 | — | Brookfield Asset Management | — |
| DEBTDebt | Nov 2017 | $10M | — | Volksbank | — |
| LATE VCOther financing | Aug 2017 | $23M | $92M | Vorwerk Ventures · IBB · Eneco · HV Capital | ↗ |
| SUPPORT PROGRAMOther financing | Apr 2017 | BloombergNEF | ↗ | ||
| SERIES COther financing | May 2016 | IBB Ventures · E.ON · Picus Capital · HV Capital | ↗ | ||
| SERIES BOther financing | Apr 2015 | Grey Corp GmbH · HV Capital · Global Founders Capital · IBB Ventures | ↗ | ||
| SERIES AOther financing | Sep 2014 | IBB Ventures · E.ON | — | ||
| SEEDOther financing | Jul 2013 | Grey Corp GmbH · IBB Ventures | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $110M | 0% | −$4.8M | -4.4% |
| 2025 | $110M | 0% | −$4.8M | -4.4% |
| 2024 | $110M | 0% | −$4.8M | -4.4% |
| 2023 | $110M | 0% | −$4.8M | -4.4% |
| 2022 | $110M | +54.9% | −$4.8M | -4.4% |
| 2021 | $71M | +57% | −$4.8M | -6.8% |
| 2020 | $45M | — | −$9.1M | -20.1% |
Growth signals
Thermondo website traffic
Latest recorded traffic for Thermondo is 610K monthly website visits, up 45.2% over the last three months. Thermondo's team grew 2.3% over the past year.
Hiring
Open positions at Thermondo
Current openings linked to this company in Dealroom.
Comparisons
Thermondo compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
Thermondo investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Thermondo's talent
Source: Dealroom Talent Intelligence.
Investors
15 investors on Thermondo's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Thermondo has talent and traffic
team presence
In the news
Latest news about Thermondo
Recent press, funding announcements, and product moves mentioning Thermondo — open to read from the original sources.
Market sentiment
What the market is saying about Thermondo
An AI-synthesized read of the highest-engagement posts about Thermondo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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