# vilisto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vilisto

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Hamburg, Germany
- Website: www.vilisto.de
- Total disclosed funding: $5.4M
- Latest round: Series A (Jun 26, 2023)
- Investors on record: 2

## About

Vilisto GmbH specializes in digital heating management solutions for non-residential buildings, automating and optimizing heating based on real occupancy levels to enhance energy efficiency.Founded in 2016, Vilisto GmbH is based in Hamburg, Germany, and focuses on providing digital heating management solutions. The company was co-founded by Christian Brase, Christoph Berger, and Lasse Stehnken. In June 2023, Vilisto raised EUR 5 million in a Series A funding round led by SET Ventures, with participation from E.R. Capital Holding, bringing total funds raised to EUR 5 million and establishing a company valuation of EUR 21.414 million.Vilisto offers a digital heating management solution for non-residential buildings, featuring intelligent thermostats that automate heating, real-time monitoring of heat consumption, and an adaptive hydraulic balancing system. Their solutions address energy waste in buildings, with over 300 clients, including municipalities and enterprises, utilizing their products across various properties such as offices, government buildings, and educational institutions. The products are primarily marketed in Europe, catering to the increasing demand for energy efficiency and sustainability in the commercial real estate sector.In the most recent financial year of 2021, Vilisto reported a revenue of EUR 984,110.6, while the EBITDA for 2022 was EUR -1,637,194.5. The revenue model is grounded in the sale of digital heating management systems to business clients, involving initial installation fees and potential recurring charges for ongoing support and monitoring services.Following the funding round on June 26, 2023, Vilisto plans to enhance its product offerings and expand into new markets. The raised capital will support the development of upcoming products designed to further optimize energy management in commercial settings. Specific markets targeted for expansion include major European cities, with a strategic intent to broaden their footprint by 2024.

## Funding rounds

- Series A, Jun 26, 2023, $5.4M — SET Ventures, E.R. Capital Holding

## Investors

- SET Ventures (https://capitalatlas.ai/funds/set-ventures) — Series A
- E.R. Capital Holding — Series A