Sealed is a New York City-based climate tech company that designs, manages, and finances home weatherization and electrification projects to stop home energy waste and electrify homes.[1][3][4] It serves homeowners and contractors, solving the problem of high energy consumption in residences—which account for 20% of U.S. greenhouse gas emissions—by reducing energy use up to 50% through upgrades like insulation, air sealing, and heat pumps, while making projects affordable via upfront financing and performance-based payments.[2][4] Recently pivoting to a B2B model, Sealed launched Sealed Pro, a software platform that streamlines rebate access, project management, and payments for contractors, accelerating electrification amid incentives like the Inflation Reduction Act (IRA).[1][5] With $93.8M in total funding (including a $26.4M round in 2024 bringing cumulative raises to $109.9M), ~70 employees, and $14.7M revenue, Sealed shows strong growth momentum through acquisitions and product expansions.[1][2]
Sealed was co-founded by CEO Lauren Salz, who leads the company's mission-driven push into climate tech.[5] Emerging from a focus on direct-to-consumer home efficiency services, Sealed gained early recognition as one of Fast Company’s top ten most innovative energy companies of 2021 for its holistic approach to weatherization.[4] A pivotal moment came in January 2023 with the acquisition of InfiSense, a data software firm specializing in wireless sensors for real-time building energy data, integrating founders Tim Guiterman (CEO) and Martin Bures (CTO) to enhance monitoring capabilities.[1][2] This built early traction in installations across thousands of homes, setting the stage for a 2024 shift to B2B via Sealed Pro, fueled by IRA opportunities and five prior funding rounds.[1][2][5]
Sealed rides the electrification and decarbonization trend in residential buildings, where homes drive 20% of U.S. emissions amid rising demand for sustainable, cost-saving upgrades.[2][4] Timing is ideal post-IRA—the largest climate law ever—unlocking rebates but exposing program complexity that Sealed Pro directly tackles, enabling faster contractor scaling.[5] Market forces like policy incentives, tech advancements in sensors/IoT, and consumer eco-awareness favor Sealed, positioning it to influence the ecosystem by onboarding more contractors (e.g., non-users in rebate programs) and standardizing efficiency projects nationwide.[1][2][5] As climate tech matures, Sealed amplifies impact by bridging software, financing, and hardware for widespread home retrofits.
Sealed's B2B pivot via Sealed Pro and InfiSense integration positions it for explosive growth, targeting national contractor expansion and deeper IRA rebate penetration to electrify millions of homes.[1][5] Trends like AI-driven energy analytics, stricter emissions regs, and falling heat pump costs will propel its trajectory, potentially multiplying project volume as rebates flow faster.[2][5] Its influence may evolve from niche innovator to ecosystem enabler, financing and measuring the retrofits needed to hit net-zero housing goals—cementing Sealed as a linchpin in stopping home energy waste.[3][4]
Sealed has raised $46.0M in total across 2 funding rounds.
Sealed's investors include 10100, Kevin Hartz, Accel, Bond, Breakthrough Energy Ventures, Fifth Wall, Footprint Coalition, Future Shape, JLL Spark, Khosla Ventures, MKT1 Capital, Next Play Ventures.
Sealed has raised $46.0M across 2 funding rounds. Most recently, it raised $30.0M Series B in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $30.0M Series B | 10100, Kevin Hartz, Accel, Bond, Breakthrough Energy Ventures, Fifth Wall, Footprint Coalition, Future Shape, JLL Spark, Khosla Ventures, MKT1 Capital, Next Play Ventures, Marc van den Berg, S28 Capital, Sound Ventures, Sweater Ventures, Threshold Ventures, Webb Investment Network, Wind Ventures, WndrCo LLC, Aaron Rankin (Sprout Social), Bradley Horowitz, Emily Kramer, George Kurtz, Gerhard Eschelbeck, Grant Miller, Justin Timberlake, Robert Vis, Ron Pragides, Ryan Reynolds, Stewart Butterfield, Tobias Lutke, Trevor Noah | |
| Jun 1, 2021 | $16.0M Series B | 10100, Kevin Hartz, Accel, Bond, Breakthrough Energy Ventures, Fifth Wall, Footprint Coalition, Future Shape, JLL Spark, Khosla Ventures, MKT1 Capital, Next Play Ventures, Marc van den Berg, S28 Capital, Sound Ventures, Sweater Ventures, Threshold Ventures, Webb Investment Network, Wind Ventures, WndrCo LLC, Aaron Rankin (Sprout Social), Bradley Horowitz, Emily Kramer, George Kurtz, Gerhard Eschelbeck, Grant Miller, Justin Timberlake, Robert Vis, Ron Pragides, Ryan Reynolds, Stewart Butterfield, Tobias Lutke, Trevor Noah |
