USA – Sealed, a New York-based climate tech company, raised an additional $29.5m in Series B funding.
The round, which now amounts at $45.5m, was led by Fifth Wall Climate Tech with participation from Robert Downey Jr.’s FootPrint Coalition, CityRock Venture Partners, Cyrus Capital and Keyframe Capital.
The company, which has raised $62.5m, intends to use the funds to expand operations and its business reach.
Led by CEO Lauren Salz, and Andy Frank, President, Sealed designs, manages and finances home weatherization and electrification projects for homeowners that stop energy waste, enhance comfort and slash greenhouse gas emissions. After a remote home assessment, the company determines the right combination of home improvements to reduce energy waste, including insulation, air sealing, smart thermostats, lighting, and heat pump HVAC. Resulting efficiencies can cut energy use by as much as 50% while balancing out temperatures across the house and eliminating fossil fuel heating sources.
28/04/2022
