Xeal

About

Xeal provides EV charging solutions for apartments, condos, and workplaces.

New York,New York,United States
11 - 50
https://xealenergy.com

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: $10M
Industries: Automotive,Electric Vehicle,Renewable Energy,Sustainability
Founded date: Jan 1, 2019
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: EVE Energy Ventures, Inc.
Also Known As: Xeal Energy

Xeal provides EV charging solutions for apartments, condos, and workplaces. Xeal offers charging solutions from installation, and cloud-based EV charging management solutions to mobile applications for apartments, condos, and workplaces. Its mobile application provides features to find, track, and reserve the charging points, thereby allowing users to charge their cars from anywhere and for property owners to earn passive income and cut CO2 emissions.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$61M

Xeal has raised a total of $61M in funding over 2 rounds. Their latest funding was raised on Dec 19, 2022 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 19, 2022	Debt Financing	$10M	1	Bridge Bank	—	Detail
Nov 3, 2022	Series B	$40M	7	Keyframe Capital Partners	—	Detail
Oct 28, 2021	Series A	$11M	5	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

11

Xeal is funded by 11 investors. Bridge Bank and Keyframe Capital Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Bridge Bank	Yes	Debt Financing
Keyframe Capital Partners	Yes	Series B
Alpaca VC	—	Series B
ArcTern Ventures	—	Series B
Moderne Ventures	—	Series B
Nexus Lab	—	Series B
Ramez Naam	—	Series B
WIND Ventures	—	Series B
Harrison Street Real Estate Capital	—	Series A
Los Angeles Cleantech Incubator	—	Series A