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thermondo

thermondo

Private
BerlinEnergy & Sustainabilityhttps://thermondo.de

Last Round

Debt

Jul 18, 2025

Total Funding Raised

$123.74M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Thermondo is a cleantech company that provides installation services for climate-friendly heating systems, such as heat pumps, and solar solutions.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Green Building, PropTech Services

Business Model

B2C

Customer Profile

Hardware Sales, Hardware + Subscription, Services & Consulting

AI Layer

Non-AI

Keywords

heat pump installationHVAC installationphotovoltaic system installationPV system installationheating-as-a-servicecleantechenergy-efficient heatingheating rentalvertically integrated installergreentechdirect-to-consumerD2Cconstruction techheating system financingheating system maintenancesolar thermal systems

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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thermondo Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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thermondo Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
DebtJul 18, 2025
M&AJan 8, 2021
Convertible DebtJun 1, 2019
Series CNov 2, 2017
Series CMay 30, 2016
Series B
Apr 15, 2015

Key People

Founding team and executive leadership

Daniel Fellhauer

CTO (Chief Transformation Officer)

Executive Team

Ildiko Witte

Chief Financial Officer

Executive Team

Josef Gatzek

Chief Financial Officer

Executive Team

Gerke Gersema

COO

Executive Team

thermondo Investors

Notable investors and investment history

InvestorRounds
Brookfield Infrastructure Partners L.P.M&A
HV CapitalSeries C, Series B
10X GroupSeed
Global Founders CapitalSeries C
IBB VenturesSeed, Series B, Series A, Series C
Eneco VenturesSeries C
Vorwerk VenturesSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 2, 2025

    LG will supply heat pumps for the company's product portfolio.

  • Oct 2, 2025

    Partnering with Buderus for heat pump products.

thermondo Filings

SEC and related filings with document metadata.

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thermondo Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about thermondo's valuation, stock price, and market status.

Firmographic Details

HeadquartersBerlin
Employee Range488
Year Founded2012
Last FundingJul 18, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.