# Sealed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sealed

- Industry: Environmental Services
- Headquarters: New York, US
- Website: www.sealed.com
- Total disclosed funding: $46M
- Latest round: Series B (Mar 10, 2022)
- Investors on record: 6

## About

Based in New York, US, and founded in 2012 by co-founders Andy Frank, Lauren Salz, and Paul Gilkerson, Sealed Inc. transforms home heating and cooling by using less energy and clean air. In May 2018, the company raised its seed funding and has a total of 3 funding rounds as of June 2021. In March 2024, Sealed, Inc. raised USD 30 million in venture funding from Cyrus Capital Partners, Keyframe Capital Partners, Fifth Wall Ventures, and H/L Ventures.

Sealed Inc. calculates energy savings to reduce use by paying upfront costs of upgrades for insulation, heating, and cooling. The company partners with energy utilities and provides upgrades like HVAC, insulation, air sealing, and smart home technology.

The company plans to use the funding from March 2024 expand into new locations outside New York, including New Jersey and Connecticut.

## Funding rounds

- Series B, Mar 10, 2022, $30M — Cyrus Capital Partners, Fifth Wall Ventures, Keyframe Capital Partners, FootPrint Coalition, CityRock Venture Partners
- Series B, May 28, 2021, $16M — Cyrus Capital Partners, Fifth Wall Ventures, H/L Ventures, FootPrint Coalition

## Investors

- Cyrus Capital Partners — Series B
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series B
- H/L Ventures (https://capitalatlas.ai/funds/h-l-ventures) — Series B
- FootPrint Coalition (https://capitalatlas.ai/funds/footprint-coalition) — Series B
- Keyframe Capital Partners — Series B
- CityRock Venture Partners — Series B