Skip to main content
Caplight Logo









thermondo

thermondo

Private
BerlinEnergy & Sustainabilityhttps://thermondo.de

Last Round

Debt

Jul 18, 2025

Total Funding Raised

$123.74M

Momentum

Top 25%

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, Energy Management, Green Building, D2C Brands, Lending & Credit

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.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

thermondo Comparables

Compare thermondo with similar companies based on industry and business-model similarity.

thermondo comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Aira
84%
Enpal
82%
BOXT
78%

thermondo Funding Rounds

Historical fundraising activity

Data table
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

thermondo investors
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.

  • May 10, 2026

    Job posting discloses a strategic project to harmonize two companies within the thermondo group, implying a recent merger or acquisition.

  • May 10, 2026

    Announced 'thermondo easy' and 'thermondo flex' financed products.

thermondo Filings

Explore SEC and related filing metadata, where available.

thermondo filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Request access

Firmographic Details

HeadquartersBerlin
Employee Range488
Year Founded2012
Last FundingJul 18, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.

See something wrong or outdated?