Tado GmbH
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Tado GmbH - overview
Established
2011
Location
Munich, -, Germany
Primary Industry
Consumer Products
About
Tado GmbH, located in Munich, Germany, specializes in developing and marketing innovative energy-efficient heating and cooling solutions through smart home technology. Tado GmbH focuses on smart energy management products, specifically smart thermostats and control devices. Founded in 2011 in Munich, Germany, the company has completed 12 deals to date. It has raised a total of EUR 30.
00 mn, with its latest funding round being Series I on March 17, 2025, led by Panasonic Europe Ltd. The company was founded by Christian Deilmann and Johannes Schwarz, and is currently led by CEO Riku Fujito. Tado° provides energy-efficient heating and cooling solutions, prominently featuring the Smart Thermostat X and Smart Radiator Thermostat X, which integrate with various heating systems. Their offerings include advanced functionalities like Geofencing, Smart Schedules, and Open Window Detection for optimized energy use.
Tado° also offers the Smart AC Control V3+, suitable for efficient cooling management. Their target market includes both residential consumers and property developers across Europe, North America, and parts of Asia, aiming to help users save an average of 22% on energy bills through an intuitive mobile app. In the most recent year of 2023, Tado° reported a revenue of EUR 57,248,685. 60 and an EBITDA of EUR 14,183,792.
90. Their revenue model is based on the direct sale of smart home devices, along with potential ongoing revenues from app-related services that enhance device functionality. Tado° supports its product quality with a 10-year warranty, fostering customer trust and loyalty. Tado GmbH plans to leverage its recent funding through a deal on March 17, 2025, to further enhance energy efficiency and sustainability by integrating Panasonic's Air to Water systems with their Internet of Things technology.
The company seeks to expand its product offerings with upcoming launches aimed at improving energy management. Additionally, Tado° is exploring new market opportunities to grow its international presence.
Current Investors
Inven Capital, Target Partners, European Investment Bank
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics, Green IT, Web Applications
Website
www.tado.com
Verticals
Clean Technology, E-commerce, IoT (Internet of Things), Mobile Apps
Total Amount Raised
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