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How Fourdeg CEO Markku Makkonen grew Fourdeg to $362.8K revenue with a 9 person team in 2021.

Developer of SaaS technology for water-radiator heated buildings and district heating networks designed to improve indoor comfort with individual and stable heating. The company's cloud-based software Fourdeg Smart Heating, ensures energy savings and district heating network efficiency through adaptive temperature control. The Service is adaptive to local changes, such as number of people or window opening; predictive to the local weather forecast, and learns from the individual heat response of each room enabling users save heating energy costs by lower consumption and demand-side management.

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Fourdeg Revenue

In 2021, Fourdeg's revenue reached $362.8K. Since its launch in 2012, Fourdeg has shown consistent revenue growth.

Fourdeg Revenue GrowthReported revenue / ARR by year$0$100K$200K$300K$400K201220142016201820202021$0$363KSource: GetLatka.com
YearMilestone
2021Fourdeg Hit $362.8k revenue in April 2021
2012Launched with $0 revenue

Fourdeg Valuation, Funding Rounds

Fourdeg's most recent disclosed valuation is $1.1M.

Fourdeg is a bootstrapped IoT Platforms startup. Founded in 2012, Fourdeg has grown to $362.8K in revenue without raising any venture capital or outside funding.

As a self-funded IoT Platforms SaaS company, Fourdeg has built its business with no outside investment.

Fourdeg Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120122012 cumulative: $0 • 2012 Founded: $02012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Fourdeg Employees & Team Size

Fourdeg employs approximately 9 people as of 2026.

Fourdeg has 9 total employees in different roles and functions.

Fourdeg Team GrowthReported headcount over time02468102012201420162018202020210099Source: GetLatka.com
YearMilestone
2021Reached 9 employees (April 2021)

Founder / CEO

Markku Makkonen

Markku Makkonen is listed as Founder / CEO at Fourdeg.

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Customers

We do not have customer count information for Fourdeg yet.

Frequently Asked Questions about Fourdeg

What is Fourdeg's revenue?

Fourdeg generates $362.8K in revenue.

Who founded Fourdeg?

Fourdeg was founded by Markku Makkonen.

Who is the CEO of Fourdeg?

The CEO of Fourdeg is Markku Makkonen.

How much funding does Fourdeg have?

Fourdeg raised $0.

How many employees does Fourdeg have?

Fourdeg has 9 employees.

Where is Fourdeg headquarters?

Fourdeg is headquartered in Helsinki, Finland.

Compare Fourdeg to the industry

Fourdeg operates across multiple industries. Browse revenue, funding, and growth data for Fourdeg in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Fourdeg Revenue 2021: $362.8K ARR, $1.1M Valuation