Sealed

Sealed is a climate tech company on a mission to stop home energy waste and electrify all homes. The company designs, manages, and finances home weatherization and electrification projects, aiming to make it easy and affordable for homeowners to reduce energy consumption and transition away from fossil fuels. Sealed's core offering involves installing a combination of weatherization measures (such as insulation and air sealing) and electrification solutions (primarily electric heat pumps for heating and cooling).

Sealed's unique approach involves covering the upfront costs of these projects and being paid back through the energy savings achieved over time. This performance-based financing model aligns Sealed's interests with delivering measurable energy reductions. The company utilizes data analytics and machine learning algorithms to predict energy savings for each home, enabling them to underwrite the upfront investment.

A key differentiator for Sealed is their ability to handle the complexity of project design, contractor selection, rebate applications, and performance monitoring on behalf of homeowners. This streamlined process aims to overcome common barriers to adoption, such as upfront costs, logistical challenges, and lack of trust in promised savings.

In January 2023, Sealed acquired InfiSense, a sensor startup, to enhance its energy data capabilities and improve the accuracy of its energy savings predictions. By the end of 2024, Sealed plans to expand its services nationwide, capitalizing on the opportunities presented by the Inflation Reduction Act's incentives for home energy efficiency and electrification.