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Xeal

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Provides EV charging solutions for apartments, condos, and workplaces

New York City, United StatesFounded 2019Transportation
Valuation $100–250M Last recorded · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Xeal and the history behind them.

About Xeal

Xeal Energy is a startup that operates in the electric vehicle (EV) charging sector, providing advanced and reliable charging solutions. The company's primary offering is a comprehensive EV charging solution that includes sleek charging stations and energy optimization technology. This technology is designed to reduce electric costs by up to 70%, eliminating the need for expensive panel upgrades.

Xeal Energy's business model is designed to generate revenue by allowing property owners to set their own rates for drivers to charge their vehicles. This creates an additional income stream for the property owners while also keeping their electric bills low. The company's charging solution also includes customizable access controls, allowing property owners to determine when the chargers are available for private or public use.

The company's target market includes both commercial and residential property owners. Xeal Energy's solution is particularly attractive to businesses, with nearly half of Fortune 500 companies providing EV charging for their employees. The company also targets tech-savvy residents who are increasingly seeking to live in progressive, sustainable communities.

In terms of its market positioning, Xeal Energy is positioning itself as a leader in the EV charging sector, helping businesses and individuals align their sustainability initiatives with their business or personal goals. The company's solution is designed to be future-proof, ensuring that its clients are well-prepared for the ongoing shift towards electric vehicles.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
New York City, United States
Employees
70
Open positions
None listed
Dealroom signal
78.6/100
Industry
Energy, Transportation
Sub-industry
Energy Storage, Maintenance
Sector
Transportation, Sustainable Development Goals, EV Charging, Climate Tech, Electric Mobility, Hard Tech
Business model
Manufacturing
Client focus
b2b, b2c

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Nov 2022 $10M — Bridge Bank ↗
SERIES BOther financing Nov 2022 $40M $160M Keyframe Capital Partners · Ramez Naam · Moderne Ventures · ArcTern Ventures ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Xeal website traffic

Latest recorded traffic for Xeal is 4.3K monthly website visits, up 4.9% over the last three months. Xeal's team declined 1.4% over the past year.

Latest monthly visits4.3K 3-month web change+4.9% 1-year team growth-1.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Emerging Ventures
  • E8 Angels

Series A12 investors entered at this stage

  • Ramez Naam
  • Pasadena Angels
  • Moderne Ventures
  • Hunt Companies
  • Harrison Street Real Estate Capital
  • ArcTern Ventures
  • LPC Ventures
  • Align Real Estate
  • Keyframe Capital Partners
  • WIND Ventures
  • Alpaca VC
  • Nexus Labs

Series B and later1 investor entered at this stage

  • Bridge Bank
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States98.1%
🇮🇳 India1.9%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Xeal on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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