Fourdeg Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2

Employees

  • Latest Deal Type
  • M&A

Fourdeg General Information

Description

Manufacturer of cloud-based thermal management technologies designed to optimize the efficiency of district heating networks and commercial building climates through automated precision control. The company offers an artificial intelligence platform utilizing smart thermostats and digital twin modeling to transform building structures into virtual thermal batteries, enabling energy providers and property owners to reduce peak load demands while achieving reductions in heating expenses and carbon emissions

Contact Information

Website
www.fourdeg.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Hatanpään valtatie 48
  • 33900 Tampere
  • Finland
+358 045
Primary Industry
Electronic Equipment and Instruments
Other Industries
Application Software
Other Energy Services
Parent Company
MeshWorks Wireless
Vertical(s)
CleanTech, Manufacturing, SaaS, Artificial Intelligence & Machine Learning, Internet of Things
Corporate Office
  • Hatanpään valtatie 48
  • 33900 Tampere
  • Finland
+358 045

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Fourdeg Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 30-Mar-2022 Completed Generating Revenue
8. Accelerator/Incubator 01-Jan-2021 Completed Generating Revenue
7. Accelerator/Incubator 05-Nov-2018 Completed Generating Revenue
6. Accelerator/Incubator 01-Aug-2017 Completed Generating Revenue
5. Grant 01-Jan-2016 Completed Generating Revenue
4. Later Stage VC 21-Oct-2015 Completed Product In Beta Test
3. Grant 09-Jul-2015 Completed Product In Beta Test
2. Accelerator/Incubator $65.8K Completed Product Development
1. Seed Round 23-Jun-2013 $65.8K $65.8K Completed Product Development
To view Fourdeg’s complete valuation and funding history, request access »

Fourdeg Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
To view Fourdeg’s complete cap table history, request access »

Fourdeg Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

Fourdeg Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3082010-A1 A system for dynamically balancing a heat load and a method thereof Inactive 17-Apr-2015
EP-3699720-A1 A system for dynamically balancing a heat load and a method thereof Inactive 17-Apr-2015
EP-2866117-A1 Distributed adaptive and predictive heating control system and method Active 25-Oct-2013
EP-2866117-B1 Distributed adaptive and predictive heating control system and method Active 25-Oct-2013 G05D23/1934

Fourdeg Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Fourdeg Former Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
Aalto Start-Up Center Accelerator/Incubator Minority
Amor & Labor Venture Capital Minority
Butterfly Ventures Venture Capital Minority
Endesa Corporation Minority
Finnish Business Angels Network Angel Group Minority
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Fourdeg FAQs

  • When was Fourdeg founded?

    Fourdeg was founded in 2007.

  • Where is Fourdeg headquartered?

    Fourdeg is headquartered in Tampere, Finland.

  • What is the size of Fourdeg?

    Fourdeg has 2 total employees.

  • What industry is Fourdeg in?

    Fourdeg’s primary industry is Electronic Equipment and Instruments.

  • Is Fourdeg a private or public company?

    Fourdeg is a Private company.

  • What is Fourdeg’s current revenue?

    The current revenue for Fourdeg is .

  • How much funding has Fourdeg raised over time?

    Fourdeg has raised $348K.

  • Who are Fourdeg’s investors?

    Aalto Start-Up Center, Amor & Labor, Butterfly Ventures, Endesa, and Finnish Business Angels Network are 5 of 18 investors who have invested in Fourdeg.

  • When was Fourdeg acquired?

    Fourdeg was acquired on 30-Mar-2022.

  • Who acquired Fourdeg?

    Fourdeg was acquired by MeshWorks Wireless.

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