New York-based climate tech startup, Sealed, recently announced a significant milestone in its journey toward combating residential energy waste. Through a recent Form D filing with the SEC, Sealed disclosed a $31 million venture capital injection, bringing its total fundraising to $114.5 million across seven funding rounds.
Driving Sustainable Living: Sealed’s Mission
Founded in 2012 by Andy Frank, Lauren Salz, and Paul Gilkerson, Sealed has emerged as a frontrunner in the battle against residential energy waste. Collaborating with home improvement contractors, the company facilitates the installation of energy-saving projects, making sustainable living a feasible reality for homeowners. While the lead and additional investors from this latest round remain undisclosed, their backing underscores a strong belief in Sealed’s mission and its potential to make a tangible environmental impact.
Pioneering Energy Efficiency
The influx of capital will bolster Sealed’s efforts to revolutionize the energy efficiency landscape. By prioritizing the adoption of energy-efficient home projects, Sealed is positioned to lead the charge in reducing residential energy consumption, aligning with broader sustainability trends in the housing sector. With its roots in New York City, Sealed exemplifies how strategic investments can drive essential advancements in climate technology.
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By Proptechbuzz
By Ravi Kumar
