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Sealed
Preventing home energy waste
- 101-200 employees
- B2C
- Property
- Sustainability
- Home improvement
- Midtown South, New York, NY
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Company mission
Sealed is on a mission to stop home energy waste and electrify all homes.
-20% employee growth in 12 months
Our take
A large majority of US homes are working on outdated energy systems, or suffer from material problems as a result of energy inefficiencies. Yet with all the chatter surrounding energy-efficient homes, many solutions are still financially out of reach of homeowners. Sealed is a company looking to facilitate access to these energy-saving measures. They plan and finance energy-saving overhauls up front, and are paid back over time using savings households make on energy.
Residential energy accounts for about a fifth of US greenhouse emissions, but the cost of energy-related home improvements remains high. With this expense reported as the deciding factor in whether homeowners invest in changes, Sealed’s innovative approach has the power to convince a vast number of people to upgrade their homes.
Sealed has quickly become a strong complementary player in the increasingly lucrative home energy efficiency product market. It has been investing in US expansion efforts, initially growing out from New York State to Connecticut, New Jersey and the Philadelphia metro area. On top of this, it acquired wireless sensing and software solutions company InfiSense, which will allow it to increase data accessibility, which it says is "a valuable component" of its mission to stop energy waste and electrify homes.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 401(k) plan
- Learning & development stipend
- Paid medical leave
- Flexible work environment: work remotely from anywhere within the US or from our headquarters in NYC
- Flexible PTO
- Stock options
- Health benefits, including some focused on mental health
- Home office set-up stipend
- Paid family leave
Funding (last 2 of 8 rounds)
Mar 2024
$30m
LATE VC
Apr 2022
$29.5m
SERIES B
Total funding: $113.1m
Leadership
Andy Frank
(President)Studied at Harvard before working for New York City Economic Development Corporation. Was also VP of Business Development at Efficiency 2.0.
Lauren Salz
(CEO)A former McKinsey Analyst who studied at Oxford and Barnard. Is a Fellow of the Tivkah Fund, and was named one of Forbes's 30 Under 30.