Sealed secures $30 million in funding, as reported by Finsmes

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Sealed, a residential energy efficiency startup based in New York, has secured $30 million in funding. The round was led by Keyframe Capital, with participation from Cyrus Capital, CityRock, Fifth Wall, and others. With this funding, the company aims to expand its operations and development efforts.

Under the leadership of Lauren Salz, co-founder, and CEO, Sealed has introduced Sealed Pro, a software platform designed to accelerate home energy improvement and electrification projects. Initially focused on simplifying the process of securing rebates for home energy contractors installing weatherization and electrification projects, Sealed Pro offers contractors software solutions to facilitate the installation of more projects, thereby enabling business growth and enhancing comfort for homeowners while reducing energy waste.

Sealed's software, data, and analytics provide various products, including a comprehensive rebate solution, investment-grade energy savings predictions, and tools for customer qualification and education. Additionally, Sealed acts as an aggregator of projects for utility and government incentives, managing all rebate processing and payments on behalf of contractors, thus minimizing additional costs or friction.

Original article posted on March 15, 2024

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