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Company Market Research Report: Thermondo GmbH



Company Overview



  • Name: Thermondo GmbH

  • Mission: Thermondo aims to make residential living spaces climate neutral by focusing on the most significant energy consumption aspect: home heating.

  • Founded: 2013

  • Founders: No information is available

  • Key People:

  • Felix Plog, Chief Executive Officer

  • Ildiko Witte, Chief Financial Officer

  • René Bretschneider, Chief People & Sustainability Officer

  • Dr. Gerke Gersema, Chief Operating Officer

  • Armin Krahl, Chief Product Officer

  • Andree Linke, Chief Sales Officer

  • Sami Fahed, Chief Technical Officer

  • Dr. Richard Lucht, VP Communication and Brand

  • Thomas Kraker von Schwarzenfeld, VP New Business & Innovation

  • Dominique Vandamme, VP Commercial Product & Data

  • Alexander Greif, VP Supply Chain Management

  • Antonius Michielsen, VP Customer Success

  • Jason Goldstein, VP Strategic Finance & Treasury

  • Headquarters: Berlin, Germany

  • Number of Employees: Over 1,000 professionals, including more than 600 handworkers, over 100 salespeople, and over 50 software developers.

  • Revenue: No information is available

  • Known For: Leading the energy transition in single-family homes in Germany by offering a comprehensive approach to heating system upgrades, notably focusing on heat pump technology.


Products



  • Heat Pumps (e.g., LG Therma V R290):

  • Description: Thermondo offers heat pumps as a climate-friendly and efficient heating solution. The LG Therma V R290 is a prominent offering.

  • Key Features:

  • Uses natural refrigerant propane

  • Designed for efficiency and low noise

  • Benefits from up to 70% state funding


  • Comprehensive Package for Heat Pump Transition:

  • Description: Thermondo provides an all-inclusive service package for transitioning to heat pumps, which encompasses planning, financing, state funding, decommissioning old systems, installation, and maintenance.

  • Key Features:

  • Standardized, digitalized processes for quick transition with customers

  • Fixed-price offer without initial acquisition costs

  • Regular maintenance included

  • Support with obtaining state funding incentives


Recent Developments



  • New Products Launched:

  • Thermondo has expanded its offerings to include full packages combining photovoltaic systems with heat pumps, available nationwide as of September 2024.


  • New Features:

  • Enhanced capabilities in combining heat pumps with renewable energy sources such as photovoltaics, promoting energy autonomy.

  • Continuous improvement of their process through proprietary software leading to faster and more efficient installations.


  • New Partnerships:

  • Details on new partnerships are not specifically mentioned, but the expansion into photovoltaic solutions implies potential collaborations with solar technology firms.


Additional Information



  • Thermondo has been recognized for having replaced more than 40,000 heating systems and has contributed to a reduction of over a million tons of CO2 since its inception.

  • The company ensures rapid transition times from contract to installation, leveraging early procurement contracts and digital processes.

  • Thermondo actively engages with media and has been covered by various media outlets like E-Fahrer and PV Magazine for its market leadership and innovations in renewable energy solutions.


(Note: This report includes only available information regarding Thermondo GmbH. Any unavailable information is noted as such.)