Tado

Series B

Munich, GermanyFounded 2011Oct 2015

Tado raised €15M in a Series B round in Oct 2015. The company is based in Munich, Germany. Investors in the round: BayBG Bayerische Beteiligungsgesellschaft, Shortcut Ventures, Siemens and 2 others. Data as of 4 Nov 2026.

← Tado

Amount raised

€15M

€15,263,769

Native amount

17,100,000 USD

Stage

Series B

series b

Investors

Provenance & confidence

High confidence

Amount

17,100,000 USD

ECB-at-date → €15M · rate 1.1203 on 2015-09-30

High confidence

Source

gruenderszene.de · established

High confidence

Confidence is the weaker of amount-FX and source evidence (the cascade rule). See methodology.

Investors in this round

5 named

BayBG Bayerische Beteiligungsgesellschaft Shortcut Ventures Siemens Statkraft Ventures Target Partners

Date

Oct 2015

Round type

series b

Amount (EUR)

€15M

Other rounds

same company

Tado

Provenance & confidence

Investors in this round

Other rounds

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