Tech Company Financing Transactions
Xeal Funding Round
Align Real Estate, ArcTern Ventures and Harrison Street Capital invested in a $11 million Series A funding round for Xeal. This venture round was announced by the company on 10/30/2021.
Transaction Overview
Company Name
Announced On
10/30/2021
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Proceeds Purpose
Xeal aims to use funding to hit its target of installing 10,000 charging stations next year.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
340 S Lemon Ave. 1891
Walnut, CA 91789
USA
Walnut, CA 91789
USA
Phone
Website
Email Address
Not Recorded
Overview
At the most basic level, we are an EV driver app to make charging as frictionless and reliable as possible, but we wanted to be more than that. Drivers only switch to electric when chargers are readily available, which means buildings are the leading force for change. We re-engineered every variable of the EV charger equation to make chargers a no-brainer investment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexander Isaacson
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