Thermondo
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | - | - | 27.5m | 41.1m | 64.6m | 100m |
| % growth | - | - | - | 49 % | 57 % | 55 % |
| EBITDA | (10.0m) | (9.0m) | (8.0m) | (8.3m) | (4.4m) | - |
| % EBITDA margin | - | - | (29 %) | (20 %) | (7 %) | - |
| Profit | - | (9.6m) | (8.2m) | (10.1m) | (7.7m) | - |
| % profit margin | - | - | (30 %) | (24 %) | (12 %) | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | $100k | Grant | |
€600k | Seed | ||
€2.3m | Series A | ||
* | €6.0m | Series B | |
€23.0m | Series C | ||
* | N/A | Support Program | |
€21.0m | Late VC | ||
€9.5m | Debt | ||
N/A | Acquisition | ||
N/A | Growth Equity VC | ||
| Total Funding | $58.3m | ||
Recent News about Thermondo
EditThermondo 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.
