What is Sealed?
Based in New York City, Sealed operates within the software industry, focusing on developing innovative energy efficiency solutions for customers. The company's core mission revolves around leveraging technology to reduce energy consumption and promote sustainability in homes and businesses. This strategic focus positions Sealed as a key player in the growing green technology market, addressing critical environmental concerns through its specialized software.
How much funding has Sealed raised?
Sealed has raised a total of $93.8M across 5 funding rounds:
Debt
$5M
Series A
$13M
Debt
$350K
Series B
$45.5M
Other Financing Round
$30M
Debt (2016): $5M with participation from New York Green Bank
Series A (2019): $13M led by CityRock Venture Partners, HL Capital, and Cyrus Capital Partners
Debt (2020): $350K supported by PPP
Series B (2022): $45.5M featuring Cyrus Capital, Keyframe, Cityrock Venture Partners, and Fifth Wall Climate Tech
Other Financing Round (2024): $30M backed by Fifth Wall, Keyframe, Cyrus Capital Partners, and Cityrock Venture Partners
Key Investors in Sealed
Fifth Wall
Fifth Wall is a prominent venture capital firm specializing in technologies for the global real estate industry, often referred to as 'proptech'. They focus on connecting major real estate owners with innovative technology companies.
Keyframe
Keyframe Capital Partners, LP provides capital solutions and addresses challenges within capital markets to facilitate growth and drive innovation, supporting businesses in navigating complex financial environments.
Cyrus Capital Partners
Cyrus Capital Partners, L.P. is an investment adviser focused on global investments in securities and loans, engaging in various strategies to generate absolute returns and providing capital solutions.
What's next for Sealed?
The recent major strategic investment signals a pivotal growth phase for Sealed. With substantial backing, the company is poised to accelerate its product development, expand its market reach, and enhance its service offerings. This infusion of capital will likely fuel further innovation in energy efficiency technologies, enabling Sealed to solidify its market leadership and capitalize on increasing demand for sustainable solutions. The company's trajectory suggests a strong emphasis on scaling operations and potentially exploring new market segments or partnerships to drive long-term value.
See full Sealed company page
