Sealed

Sealed

Home energy efficiency upgrades and services

About Sealed

Simplify's Rating
Why Sealed is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Energy

Consumer Goods

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$110M

Headquarters

New York City, New York

Founded

2012

Overview

Sealed focuses on enhancing home comfort and energy efficiency through services like insulation, HVAC upgrades, and smart home technology installations. The company primarily targets homeowners who want to improve their living spaces while lowering energy expenses. Sealed distinguishes itself by covering the initial costs of these upgrades, allowing homeowners to pay back through the savings on their energy bills. This performance-based model aligns Sealed's success with the energy savings of their clients, ensuring a commitment to quality work that effectively reduces energy consumption. The goal of Sealed is to provide a straightforward and affordable solution for homeowners to achieve a more comfortable and energy-efficient home.

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Funded Recently
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Simplify's Take

What believers are saying

  • Sealed raised $30M, indicating strong investor confidence and expansion potential.
  • The Inflation Reduction Act provides $8B for home energy rebates, boosting Sealed's opportunities.
  • Acquisition of InfiSense enhances Sealed's data capabilities for optimizing home energy use.

What critics are saying

  • Integration of InfiSense may disrupt operations due to new technologies and leadership.
  • Increased competition from European startups like Enter could challenge Sealed's market share.
  • Complex rebate management could strain resources and slow project implementation.

What makes Sealed unique

  • Sealed covers upfront costs, aligning incentives with homeowners for energy savings.
  • The company offers a unique performance-based revenue model tied to energy savings.
  • Sealed Pro streamlines rebate processes, enhancing contractor efficiency and market reach.

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Funding

Total Funding

$110M

Above

Industry Average

Funded Over

5 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Remote Work Options

Unlimited Paid Time Off

401(k) Retirement Plan

Health Savings Account/Flexible Spending Account

Growth & Insights and Company News

Headcount

6 month growth

↓ -6%

1 year growth

↓ -6%

2 year growth

↓ -3%
AlleyWatch
Mar 18th, 2024
The AlleyWatch Startup Daily Funding Report: 3/18/2024

FlexPoint, aa payments automation platform for managed service providers, has raised $5M in Venture funding led by Haymaker Ventures.

Finsmes
Mar 15th, 2024
Sealed Raises $30M in Funding

Sealed, a New York-based residential energy efficiency startup, raised $30M in funding

Business Wire
Mar 14th, 2024
Sealed Unveils Sealed Pro To Accelerate The Market For Electrification And Other Home Energy Improvements

NEW YORK--(BUSINESS WIRE)--Sealed, a climate tech company on a mission to stop home energy waste and electrify all homes, today introduced Sealed Pro, a software platform for accelerating home energy improvement and electrification projects. The launch marks Sealed’s shift from a direct-to-consumer to a business-to-business company that serves home efficiency and electrification contractors across the U.S. Sealed Pro is initially focused on solving the slow and burdensome processes of securing rebates for home energy contractors installing weatherization and electrification projects. Rebate programs are important tools for getting energy-saving, emissions-reducing home improvement projects done. But most of the more than $2.5 billion that energy utilities spend on home efficiency programs each year create added costs and burdens for contractors, including complicated paperwork, overlapping programs, and payment terms that put severe pressure on contractors’ cash flow. With Inflation Reduction Act (IRA) rebate programs adding more than $8 billion in additional funding for home energy rebates, these challenges are only expected to increase

U.S. Securities and Exchange Commission
Feb 12th, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

Global CE
Jan 8th, 2024
Create Wealth Story | Create Surprise, Create Value! Sunward Intelligent Rotary Drilling Rig Captures His Heart with Strength

Sunward intelligenceSWDM360H3 was awarded"China Engineering Product of the YearTOP50 Golden Word-of-mouth Award",Comprehensive performance,Configuration supergroup,Super strong into the rock,Suitable for high-rise building,Bridge and other large pile foundation works,And is particularly suitable for drill hard rock strata.,Sealed by the industry as"Into the rock expert"

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