Sealed built its business around predicting energy use and getting homeowners to move away from fossil fuels. So, naturally, the company’s first acquisition is a startup that tracks energy at a granular level.
Sealed did not disclose the terms of the deal, but statement By scooping up Burlington, Vermont-based InfiSense, we believe we can “reduce energy waste in our homes.”
Headquartered in Manhattan, Sealed finances and oversees electrification upgrades, including replacing oil and gas heaters with electric heat pumps and insulation. By eliminating fossil fuels from your home, you can reduce your utility bills. Reduce household emissions and improve your health. You may have seen this topic in the news recently. potential stove regulation is now the latest flashpoint Culture wars over clean energy.
Until that point, InfiSense sensors and software have been monitoring air quality in addition to energy use in buildings, and Sealed plans to share this kind of air quality data with customers in the future.
Sealed is unique in that it covers installation and weatherproofing costs upfront. Instead, it charges a fixed rate based on the energy that a machine learning algorithm predicts homeowners will save over time. When Sealed underestimates home energy use, it comes at a cost. Therefore, we need to improve these predictions.
“Our lifeblood is our ability to predict people’s energy use over time, and it relies on great access to data,” said co-founder and CEO Lauren Salz. said in a call with TechCrunch. Sealed’s algorithm currently relies on monthly energy data from utilities,Using InfiSense “allows us to access a deeper level of data from our customers,” says Salz.
Sealed plans to install InfiSense sensors in some customers’ homes, but Salz said there’s no need for that. The data Sealed collects not only informs its forecasts, but also allows curious customers to take a closer look at their energy usage and air quality.