German Tado 1M 46M
Fund Raised$46M
InvestorNoventic Group
Co-Founder/CEOToon Bouten
Valuation Approx $510 Million

German Tado 1M IPOmiller FinancialTimes

Smart Home App, German Based Tado raised $46 million in its last fundraising round from ex and new investors. Todo is capturing the market and competing with Hive, Google’s Nest and Honeywell. CEO Toon Bouten said that we invest these funds for R&D on home apps. 

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Moreover, we are making more home accessories available on our app. One can find 18,000 hearting systems and 21,000 air conditioners access on the app.  

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