Themo develops smart thermostats that utilize an advanced algorithm to optimize electricity consumption for heating by adjusting to real-time exchange electricity prices. This technology enables users to reduce their energy bills by up to 50% while maintaining comfort in residential properties.
Funding
$1.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SFounders
Product
Problem
Residential and commercial properties with electric heating systems often consume excessive energy due to inefficient temperature control and a lack of responsiveness to fluctuating electricity prices. Traditional thermostats lack the intelligence to optimize heating schedules based on occupancy patterns, weather conditions, and real-time energy costs, leading to higher bills and unnecessary environmental impact.
Solution
Themo offers a suite of smart thermostats and controllers that leverage advanced algorithms to optimize electricity consumption for heating. The system adapts to real-time exchange electricity prices, occupancy patterns, and weather forecasts to minimize energy usage while maintaining comfort. For individual rooms, Themo Smart Thermostats provide granular control and remote management via a mobile app. For larger properties, Themo Control centrally manages underfloor heating, offering property managers remote control and energy savings across multiple units. Themo DIN is a smart electric heating controller that attaches to the switchboard of a residential property. The device identifies and utilizes the lowest exchange electricity rates to heat domestic water and control heat pumps or underfloor heating in a centralized manner.
Target Audience
The primary target audience includes homeowners and property managers with electric heating systems seeking to reduce energy consumption, lower electricity bills, and minimize their environmental footprint.
Features
- Real-time optimization of heating schedules based on exchange electricity prices
- Room-specific temperature control and remote management via mobile app
- Centralized control for underfloor heating in property and housing companies
- Compatibility with various electric heating systems, including underfloor, ceiling, and water heaters
- Integration with weather forecasts and occupancy sensors for enhanced efficiency
- Savings calculator to estimate potential energy and cost reductions
- Digital knowledge base and support resources for users