Sealed Raises $30M in Funding


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

The round was led by Keyframe Capital with participation from Cyrus Capital, CityRock, Fifth Wall, and others.

The company is using the funds to expand operations and its development efforts.

Led by Lauren Salz, co-founder and CEO, Sealed has just introduced Sealed Pro, a software platform for accelerating home energy improvement and electrification projects. Sealed Pro is initially focused on solving the processes of securing rebates for home energy contractors installing weatherization and electrification projects.

The company provides software and solutions to contractors, enabling them to install more home weatherization and electrification projects, grow their business, and make it easier for homeowners to have more comfort with less energy waste. The software, data, and analytics enable products, including a one-stop shop rebate solution, investment-grade energy savings predictions, and customer qualification and education tools. Sealed also serves as an aggregator of projects for utility and government incentives, handling all rebate processing and payment on behalf of contractors, enabling contractors to participate in measured savings, Virtual Power Plant (VPP), and other programs with minimal additional costs or friction.