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Berlin, December 14th, 2016 – Thermondo, the market leader for heating replacements in single and two-family houses, has again been recognized in the 2016 growth ranking of the German start-up economy. The company grew by an average of 638 percent annually between 2013 and 2015, securing 7th place in this year’s growth ranking by Gründerszene. Last year, the company took 5th place.

Thermondo has developed an algorithm that identifies the right heating for almost every living situation. The company sees itself not only as a digital company but also as a craft business – 140 of Thermondo’s 300 employees nationwide install heating systems in their respective regions or carry out the maintenance of the installed systems.

“We were the only company that was able to maintain our top positions in the growth ranking for the second time in a row. Not only this enormous number but above all the extensive positive feedback from our customers, employees and investors proves that it is possible to successfully digitize the craft,” says Philipp Pausder, co-founder and managing director of Thermondo , about the award from Gründerszene.

In November, Thermondo, together with the Berliner Volksbank, presented a new range of condensing boilers and solar thermal systems. The all-round carefree package from 75 euros per month includes not only a new heating system but also annual maintenance, repair and material costs as well as chimney sweep costs over the entire contract period.

“The heating market is the biggest lever of the energy transition. Our goal is to use smart energy solutions to ensure that global warming stays below two degrees Celsius, so that the dangerous consequences of climate change can be avoided,” says Pausder, explaining Thermondo’s vision.

The benchmark for the growth ranking of the start-up scene was the average annual growth rate of the last three completed financial years. The auditing company KPMG was responsible for the validation, the law firm CMS Hasche Sigle accompanied the process from a legal point of view. Further information: http://ranking.gruenderszene.de/ .

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