Target Partners’ tado° joins forces with HomeServe

Smart thermostat company tado° has joined forces with HomeServe, a European home assistance provider. tado° is backed by Target Partners.

PRESS RELEASE

Smart thermostat company tado° is teaming up with HomeServe plc (LON:HSV), a leading European home assistance provider, to offer HomeServe customers greater control over how they manage their heating systems. HomeServe will sell the tado° smart thermostat to its 5.5m customers in the UK, France, Spain, Italy, and the USA.

tado° is the European market leader in home climate control for consumers. Its products help customers to save heating costs without sacrificing comfort. Their geo-aware smartphone app automatically senses when nobody is at home and the heating system can be switched to a savings mode. As soon as one of the residents starts to head home, tado° reacts immediately and warms up the house to the desired temperature.

tado° launched in the UK in November 2013, a year after the devices first went on sale in Germany, Austria and Switzerland. tado° is growing rapidly as consumers seek to save on fuel bills using intelligent technology.

“The British are clearly the innovation leaders in adopting smart thermostats. The UK is the country with the most installations in Europe,” says Christian Deilmann, founder and CEO of tado°. He further
adds: “We are delighted to have won the best home assistance provider HomeServe as a partner. The partnership helps tado° access new customers across several important countries. The fit of the companies and the products ensure superior offerings to customers.”
HomeServe plc supplies home emergency insurance coverage and domestic repair services to Britain’s homes through its own network of directly employed and subcontracting engineers.

HomeServe Membership CEO Martin Bennett says: “We’re incredibly excited to be offering HomeServe customers the opportunity to use tado° products and the benefits offered from the system speak for themselves. We’re confident that customers will find the system easy-to-use and benefit from this innovative approach in controlling their home heating system more conveniently.”

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>About tado°
tado° is the intelligent climate control for private households, small businesses and shops. It detects where the residents currently are and controls the temperature accordingly. It also takes current weather forecasting data and building characteristics into account. With its fully automatic climate control, tado° not only makes everyday life easier, it makes your home or place of work more comfortable and helps you save money and energy.
tado° was founded by Christian Deilmann, Johannes Schwarz and Valentin Sawadski in 2011. The team has been working on the development of tado° at the headquarters in Munich since 2010. After going to market in November 2012 and gaining tens of thousands of users in the EU with tado° Heating, the team globally launched tado° Cooling for AC.
The name “tado” is derived from the Japanese greetings “tadaima” and “okaeri”. Loosely translated, they mean “I’m home” and “Welcome home”.

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