Sealed
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 2.6m | 3.6m | 15.2m | 42.5m | 42.5m |
% growth | - | 38 % | 322 % | 180 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$540k | Seed | ||
$5.0m | Debt | ||
N/A | $4.0m | Seed | |
$7.0m | Seed | ||
$13.0m | Series A | ||
$13.0m | Series A | ||
$16.0m | Series B | ||
* | $29.5m | Series B | |
* | $30.0m | Late VC | |
Total Funding | CAD154m |
Related Content
Recent News about Sealed
EditSealed is a forward-thinking company that specializes in making homes more comfortable and energy-efficient. The company offers services such as insulation, HVAC (heating, ventilation, and air conditioning), and smart home technology upgrades. Sealed primarily serves homeowners who are looking to improve their living conditions while reducing energy costs. The company operates in the home improvement and energy efficiency market, partnering with leading energy providers and top contractors across the United States.
Sealed's business model is unique and customer-friendly. They cover the upfront costs of home upgrades, which means homeowners don't have to pay anything out of pocket initially. Instead, Sealed gets paid back through the savings generated on the homeowner's energy bills. This model not only makes it easier for customers to afford necessary home improvements but also aligns Sealed's incentives with those of their clients—both parties benefit from reduced energy consumption.
The company makes money by taking a portion of the savings that homeowners achieve on their energy bills after the upgrades are completed. This performance-based approach ensures that Sealed is committed to delivering high-quality work that genuinely reduces energy costs.
In summary, Sealed is revolutionizing the home improvement industry by offering a hassle-free, cost-effective way to make homes more comfortable and energy-efficient. Their innovative business model, which ties their revenue to the energy savings of their clients, sets them apart in the market.
Keywords: insulation, HVAC, smart home tech, energy efficiency, home improvement, upfront costs covered, energy savings, comfort, contractors, energy providers.