When was Montamo founded?

Montamo was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Montamo located?

Montamo is headquartered in Berlin, Germany.

How many employees does Montamo have?

As of Aug 31, 2026, the latest employee count at Montamo is 40.

Is Montamo a funded company?

Montamo is a funded company, having raised a total of $8.76M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 11, 2023.

When was the latest funding round of Montamo?

Montamo's latest funding was a €***** Seed round on Mar 31, 2025, with participation from 4 investors.

Where does Montamo rank among its competitors?

Montamo ranks 532nd amongst 31195 active competitors, of which 263 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Montamo, which secured an undisclosed amount in Mar, 2025.

Who are the top competitors of Montamo?

Montamo's top competitors include Randstad, Adecco and TeamLease. Among them, Montamo secured the most recent funding round in March, 2025.

Montamo - 2026 Company Profile, Team, Funding & Competitors

Montamo is a seed company based in Berlin (Germany), founded in 2023 by Ole Schaumberg and Alexander Boehm. It operates as a Provider of skilled workers for installation of heat pumps. Montamo has raised $8.76M in funding from Alter Equity and Project A. The company has 31195 active competitors, including 263 funded and 1627 that have exited. Its top competitors include companies like Randstad, Adecco and TeamLease.

Company Details

Provider of skilled workers for installation of heat pumps. Company services include gardening and landscaping work, dismantling old gas heaters, installing new heat pumps, and electrical connections.

Key Metrics

Founded Year

2023

Location

Berlin, Germany

Stage

Seed

Total Funding

$8.76M in 2 rounds

Latest Funding Round

Seed, Mar 31, 2025, €*****

Investors

Alter Equity & 4 more

Ranked

532^nd among 31195 active competitors

Employee Count

40 as on Aug 31, 2026

Similar Companies

Randstad & 35595 more

View Montamo's full profile

Montamo has raised a total funding of $8.76M over 2 rounds. Its first funding round was on Dec 11, 2023. Its latest funding round was a Seed round on Mar 31, 2025 for €*****. 4 investors participated in its latest round. Montamo has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Montamo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2025	1195770	Seed	3271693	4070897	5851520	6248750
Dec 11, 2023	7217481	Seed	7650757	7992522	Project A	Patrick Andrae

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View details of Montamo's funding rounds and investors

The founders of Montamo are Ole Schaumberg and Alexander Boehm.

Here are the details of Montamo's key team members:

Ole Schaumberg: Co-Founder of Montamo and founder of 1 other company.
Alexander Boehm: Co-Founder of Montamo.

View details of Montamo's Founder profiles and Board Members

Montamo's employee count trend

Montamo has 40 employees as of Aug 26. Here is Montamo's employee count trend over the years:

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Top competitors of Montamo include Randstad, Adecco and TeamLease. Here is the list of Top 10 competitors of Montamo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Randstad 1960, Diemen (Netherlands), Public	Provider of staffing, recruitment, and workforce management solutions across industries	-	Corda Campus, Charlesbank Capital Partners ... & 1 others	76/100
2nd	Adecco 1971, Zurich (Switzerland), Funding Raised	Provider of HR management services	-	Europa	70/100
3rd	TeamLease 2000, Bengaluru (India), Public	Provider of recruitment services for entry-level and blue-collar job seekers	$28.1M	ICICI Venture, Gaja Capital	68/100
4th	Robert Half 1948, Menlo Park (United States), Public	Staffing and recruitment agency	-	Corda Campus, Combine Capital	65/100
5th	Kelly Services 1946, Troy (United States), Acquired	Provider of outsourced HR services	-	-	65/100
6th	Quess 2007, Bengaluru (India), Public	Provider of outsourcing and business services	-	Amazon, Fairbridge Capital & 2 others	64/100
7th	Cielo 2005, Brookfield (United States), Acquired	Provider of HR consulting services	-	Baird Capital, Accel-KKR & 1 others	63/100
8th	Insight Global 2001, Atlanta (United States), Acquired	Staffing and managed services provider	$6.08M	H.I.G. Capital, Ares Management & 3 others	61/100
9th	NetAmbit 2000, Noida (India), Series C	Provider of sales, recruitment & payroll, and learning management services	$42.4M	Bessemer Venture Partners, Helion Venture Partners ... & 13 others	61/100
10th	Xpheno 2017, Bengaluru (India), Seed	Provider of recruitment and technology consulting services	$949K	-	60/100
532nd	Montamo 2023, Berlin (Germany), Seed	Provider of skilled workers for installation of heat pumps	$8.76M	Firstminute Capital, Rethink Capital Partners ... & 3 others	34/100