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 BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
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