Termo (formerly Termostore) provides a fully digital service platform for sustainable HVAC systems installation and maintenance for households. The platform allows customers to book qualified technicians and deduct environmental tax credits directly from the invoiced amount. In 2020 the company launched two new business lines leveraging management of Italian government environmental tax credits: home renovation and energy-efficiency contracting as a general contractor, and BPO services for financial institutions. Founded in 2014 in Fondi (Latina), Italy, Termo employed 84 people at the time of the article. Revenues doubled from €2.4 million in 2019 to about €5 million in 2020. The company intends to use the new funds to grow beyond the greentech sector and expand into adjacent business areas.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2020