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themo logo — We create smart heating products for efficient electricity g...

themo

We create smart heating products for efficient electricity grids

Founded 2015 Estonia Estonia 20 employees Series Unknown Total: $1.30M IoT

General Information

Company Name themo
Founded Year 2015
Location Estonia Estonia +1
Employees 20
Industries IoT
Funding Stage Series Unknown
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About themo

Themo is a cleantech startup based in Estonia that aims to transform electric heating for more efficient electricity grids. With a focus on reducing energy consumption and carbon emissions, Themo utilizes IoT solutions and cloud algorithms to optimize electric heating based on factors such as inertia, electricity prices, and outside weather conditions. The company's flagship offering, the Themo Service, caters to Finnish real estate companies, particularly rental apartment providers, offering a compelling value proposition of immediate cash-flow positive returns and minimal installation requirements. Founded in 2014, Themo recently secured a notable €1.30M in its Venture Round investment on 14 March 2024, with backing from investors including Sunly, Ali Omar, Finnish Indie Investments, and Henry Nilert. With a strong market potential and a compelling value proposition, Themo is well-positioned to capitalize on the growing demand for sustainable heating solutions in the global market.

Taxonomy: Cleantech, Smart Heating, IoT Solutions, Energy Optimization, Energy Efficiency, Smart Thermostat, Green Energy, Electric Heating, Energy Consumption, Sustainable Entrepreneurship, Internet of Things, Smart Home, Energy Market

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 3
Investor
•••• •••• 		14 Mar 2024

Latest News

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Smart thermostat Themo helps Finns earn money by participating in balancing the grid — Tech
Smart thermostat Themo helps Finns earn money by participating in balancing the grid
Tech Mar 14, 2024
£108M equity for Flagstone, Ada Ventures' inclusion in practice, and €672 million was invested in te... — Tech
£108M equity for Flagstone, Ada Ventures' inclusion in practice, and €672 million was invested in tech this week
Tech Nov 23, 2025

themo Alternatives & Competitors

themo vs
Rointe heating
Rointe heating United Kingdom

Your Electric Heating Experts.

95 employees
Energy, Industrial
themo vs
Enion
Enion Finland

Energy automation for households and small businesses. Save in cost, profit more with your resources

4 employees
themo vs
Enviroheat HET®
Enviroheat HET® United Kingdom

A fresh approach.

2 employees
Consumer Electronics, Manufacturing
Also compare with: themo vs PROXISERVE PROXISERVE

FAQ About themo

We create smart heating products for efficient electricity grids
themo was founded in 2015.
themo is headquartered in Estonia.
themo operates in the following industries: IoT.
themo has approximately 20 employees.
themo has completed 1 funding round, raising a total of $1.30M. The latest funding stage is Series Unknown.
Top alternatives and competitors to themo include Rointe heating, Enion, Enviroheat HET®, Herschel Infrared Heaters, PROXISERVE. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
themo and Rointe heating are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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