Self-Description

Founded in Munich, 2011, tado° is the leader in intelligent home climate management. With its Smart Thermostats for heating and cooling, tado° works as your Climate Assistant with Skills such as Geofencing, Weather Adaptation, Open Window Detection, Air Comfort, and more. Having secured over USD 100m in funding and with ~200 employees, tado° reshapes the way energy is consumed at home for more comfort, savings, and wellbeing. www.tado.com

Primary Company Info

Headquarters:
Munich, Germany
Country:
Germany
Year Founded:
2011
Company Segment:
Internet of Things
Website:

NC Company Overview

Tado is a technology company that specializes in smart heating and air conditioning systems for homes, offices and other buildings. Around one-third of energy consumption worldwide goes to temperature control in buildings, and in most cases, the amount used can be considerably reduced using smart technology, without any negative impact on the comfort of the user. Tado helps people to implement energy efficient smart heating and cooling using hardware and software it develops itself at its headquarters in Germany. This includes things like smart thermostats and systems that can be controlled remotely using mobile apps, or by using internet of things (IoT) technologies. Tado’s solutions employ cutting edge AI and IoT technologies to optimize the efficiency of the heating and cooling systems used, preventing wasted energy and saving the customer money. Tado, based in Munich, Germany, was founded with the vision of making it easier for people to play their part in reducing unnecessary energy consumption for heating and cooling of buildings, while also running their homes more cost-effectively. With hardware and software that offers smart control over heating and air conditioning systems, used all over the world, Tado has also formed a community of users who are interested in energy efficiency.

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Edition June 2019

The latest NOAH Bible is out! Featuring an update on our conferences and a valuation / industry KPI snapshot for:

  • Company valuation work
  • Peer group analysis
  • Industry KPI benchmarking
  • Financial analysis