Tado

Munich, Germany · Founded 2011 · Privately Held (backing)

Manufacturer of smart thermostats intended to optimize energy consumption at home. Tado is based in Munich, Germany and was founded in 2011. Its last reported valuation was $408 million in Mar 2024. It has raised $358 million.

Last reported valuation
$408.0M
Oct 2026
Priced at
—
Total raised
$357.6M
Last round
—

Tado key facts

as of Oct 2026
  • Manufacturer of smart thermostats intended to optimize energy consumption at home.
  • Tado is valued at approximately $408.0M as of Oct 2026 (last reported valuation).
  • It has raised $357.6M; the latest was Later Stage VC ($31.9M) in Mar 2025.
  • Notable investors include S2G Investments, Bayern Kapital, European Investment Bank, Amazon Alexa Fund, Statkraft Ventures — 18 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$408.0M

Tado's last reported valuation, Mar 2024. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Tado funding rounds

No rounds on record

No funding rounds for Tado are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Tado valuation

Tado's last reported valuation was $408 million in Mar 2024. No priced round, secondary trade or fund mark has surfaced since.

Tado investors

18 investors are on record for Tado, including S2G Investments, Bayern Kapital, European Investment Bank and Amazon Alexa Fund.

About Tado

Manufacturer of smart thermostats intended to optimize energy consumption at home. The company offers thermostats for radiators, boilers and underfloor heating, heat pumps, and air conditioning systems that can be controlled through a mobile application that automatically detects a user's proximity to their residence and adjusts the appliances accordingly, enabling users to optimize energy consumption at home without sacrificing comfort.

Sector
Consumer Products and Services (B2C)
HQ
Munich, Germany
Founded
2011
Employees
200
Website
tado.com/
Ownership
Privately Held (backing)

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