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There Corporation
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Short description

Developer of smart metering, smart grid and smart home energy solutions

Founded in 2009
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Finland Vaasa, Finland
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Updated by Kim Nurmi-Aro at There Corporation on 03/13/2014

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Date Company
10/25/2012

Smarthome Srl Smarthome Srl

There Corporation has begun delivering energy management solutions to Smarthome Srl. in Italy.

Confirmed by Smarthome Srl

Partnerships
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Date Partner Type
11/10/2011
Danfoss Group Danfoss Group
There has started a pilot with Danfoss and Copenhagen Energy to productize a new home energy management solution.
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Confirmed by Danfoss Group
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Investment Rounds
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IPO INFORMATION

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Description

Date Investors Type Amount
09/18/2009 VNT Management VNT Management (1)
Post-money valuation of
Series A $6,700,000
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Products
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Product image Name Product status Revenue model Cost metrics

Dual Fuel Control

Solution compares hourly rated electricity prices and oil/gas prices and selects the heating method which is less expensive.

Wide Commercial Availability Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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