New Energy Pioneers: Thermondo


Heating change fast & easy

Founded: 2012

CEO: Philipp Pausder

HQ: Germany


What does Thermondo do?

Thermondo upgrades home heating systems. They have not only digitized the processes of heating retrofitting, allowing customers to get their new heating systems delivered faster and at a lower price, but also decreased household emissions.

How are they disrupting their industry?

Thermondo’s sophisticated algorithm, ‘Manfred’, collects extensive data to determine the best-fit heating system — gas, oil or solar based — for a household. ‘Manfred’ processes individual household data and delivers real-time heating solutions without prior inspection.

There are an estimated 15m heating systems in the German home-heating market that Thermondo aims to tap into.

CFO David Hanf on the future of Thermondo:

Is your company the next BNEF New Energy Pioneer?

If your company is bringing great developments to the clean energy sector, or you would like to nominate a company for the 2018 New Energy Pioneer awards, visit our NEP website here.

About Bloomberg New Energy Finance

Bloomberg New Energy Finance (BNEF) is an industry research firm focused on helping energy professionals generate opportunities. With a team of experts spread across six continents, BNEF provides independent analysis and insight, enabling decision-makers to navigate change in an evolving energy economy.
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