What is Sealed?
Sealed, based in New York City, New York, operates within the software industry, focusing on developing advanced energy efficiency plans for its clientele. The company leverages technology to help customers reduce energy consumption and costs, positioning itself as a key player in the growing green technology and sustainability market. Its solutions are designed to address the increasing demand for environmental responsibility and operational cost savings in both commercial and residential sectors.
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 Fifth Wall Climate Tech, Cityrock Venture Partners, Cyrus Capital, and Keyframe Capital
Other Financing Round (2024): $30M backed by Cyrus Capital Partners, Cityrock Venture Partners, Keyframe Capital, and Fifth Wall
Key Investors in Sealed
Cyrus Capital Partners
Cyrus Capital Partners, L.P. is an SEC registered investment adviser with offices in New York and London, specializing in global investments in securities and loans from corporates and sovereigns. The firm engages in a variety of investment strategies, including long and short positions in debt, equity, and derivatives, while also providing capital solutions and leading capital raises.
Cityrock Venture Partners
CityRock Venture Partners, L.P. is a venture capital fund based in New York City. We look for companies that are focused on impact with diverse founding teams. We think impact makes good business. We also believe sustainable businesses and diverse founding teams do better in protecting and promoting people and the planet, as well as in making money.
Keyframe Capital
Keyframe Capital Partners, LP addresses challenges within capital markets to facilitate growth and drive innovation. The company focuses on providing solutions that unlock potential in various financial sectors. Their services aim to support businesses in navigating complex capital market environments.
What's next for Sealed?
The recent major strategic investment suggests Sealed is poised for significant expansion and further development of its energy efficiency technologies. This capital infusion is likely to fuel product innovation, market penetration, and strategic partnerships. The company's focus on sustainability and cost reduction aligns with global trends, positioning Sealed for continued growth and influence in the climate tech and energy management landscape. Future endeavors may include scaling operations, enhancing its software platform, and broadening its customer base.
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