Sealed, a New York-based company that specializes in simplifying rebates for contractors focusing on home electrification and weatherization, has recently secured $30 million in funding to further expand its services. The company’s innovative approach to streamlining the rebate process has garnered attention from investors looking to support sustainable energy initiatives.
Home electrification and weatherization are crucial components of reducing energy consumption and combating climate change. By upgrading homes with energy-efficient appliances, insulation, and other improvements, homeowners can significantly reduce their carbon footprint and save money on utility bills. However, navigating the complex world of rebates and incentives can be a daunting task for both contractors and homeowners.
Sealed aims to make the process easier by providing a platform that helps contractors identify available rebates, streamline the application process, and ensure that homeowners receive the maximum savings possible. The company’s technology automates much of the paperwork involved in securing rebates, saving contractors time and resources that can be better spent on completing projects.
With the new funding, Sealed plans to expand its reach and offer its services to more contractors and homeowners across the country. The company’s CEO, Lauren Salz, expressed excitement about the opportunity to scale their operations and make a bigger impact on the transition to clean energy.
“We believe that simplifying the rebate process is key to accelerating the adoption of energy-efficient technologies in homes,” Salz said. “By making it easier for contractors to access incentives, we can help more homeowners make the switch to cleaner, more sustainable energy sources.”
The funding round was led by Energy Impact Partners, a venture capital firm that focuses on investing in companies that are driving innovation in the energy sector. Other investors included Ajax Strategies, City Light Capital, and others who see the potential for Sealed to revolutionize the way rebates are accessed and utilized in the home electrification and weatherization space.
As the demand for energy-efficient solutions continues to grow, companies like Sealed are poised to play a crucial role in helping homeowners make the transition to cleaner, more sustainable living. With $30 million in funding behind them, Sealed is well-positioned to lead the way in simplifying rebates for contractors and making home electrification and weatherization more accessible to all.
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- Source Link: https://zephyrnet.com/sealed-raises-30m-to-streamline-the-rebate-process-for-contractors-that-electrify-and-weatherize-homes/