X
Xeal
Provides EV charging solutions for apartments, condos, and workplaces
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Nov 2022 | $10M | — | Bridge Bank | ↗ |
| SERIES BOther financing | Nov 2022 | $40M | $160M | Keyframe Capital Partners · Ramez Naam · Moderne Ventures · ArcTern Ventures | ↗ |
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- HCHunt 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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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