tado°
Intelligent home energy management
- 101-200 employees
- B2C
- B2B
- Energy
- Home improvement
- Mobile
- eCommerce
- London, UK
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Company mission
To create the most impactful smart energy efficiency platform.
6% employee growth in 12 months
Our take
As energy costs climb and environmental damage mounts, customers are looking for ways to heat and cool their homes while reducing their energy consumption. Since 2011, tado° has provided smart thermostats and an easy-to-use interface for customers to control their home heating and cooling systems, allowing users to cut costs and carbon while still keeping their homes comfortable.
tado° has grown strongly since its inception, and has been backed by major industry players such as Amazon, Siemens and E.On. In 2022, it revealed that it had sold 3 million smart thermostats since its founding. However, an IPO intended for 2022 did not go ahead, owing to headwinds in the tech sector and fears of global economic decline. tado° responded by doubling down on its growth strategy, aiming to capture a larger market share before going public.
The company has since raised funding which it will use to further expand its energy management solutions across Europe. Alongside this, it's looking into enhancing AI-driven efficiency for its heat pumps and climate system. With it's focus on making buildings smarter and greener, tado° is set to redefine energy-efficient home climate control.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 10 rounds)
Mar 2025
$34.4m
LATE VC
Apr 2023
$13.8m
SERIES H
Total funding: $251.4m
Leadership
Christian Deilmann
(Co-Founder & Managing Director)Previously an Investment Professional/Analyst for Target Partners. Prior to that, they were the CEO of BellPepper Mobile.
Johannes Schwarz
(Co-Founder & CTO)Prior to co-founding tado was a Patent Attorney for Ruschke, Madgwich, Sedie & Kollegen.