Sealed’s first acquisition accelerates its mission to cut home energy waste across America.
NEW YORK – January 12, 2023 – Sealed, a climate tech company that designs, manages, and finances home weatherization and electrification projects, has acquired data software company InfiSense. InfiSense develops and deploys wireless sensing and software solutions to collect and manage hard-to-reach data from buildings, including real-time efficiency performance data.
As part of the transaction, Tim Guiterman, InfiSense CEO & Co-Founder, and Martin Bures, CTO & Co-Founder, will be bringing their software and leadership to the Sealed product team.
“Capturing hard-to-reach data to better predict and manage home energy use is critical to what we do at Sealed. We are focused on electrifying homes and stopping energy waste by designing the most efficient systems for our aging housing stock across America,” said Sealed CEO and co-founder Lauren Salz. “With the passage of the Inflation Reduction Act, accurate and accessible home energy data is more important than ever. The InfiSense acquisition creates an opportunity for Sealed to increase data accessibility, a valuable component of our mission to stop energy waste and electrify every home.”
With the passage of the Inflation Reduction Act, accurate and accessible home energy data is more important than ever. The InfiSense acquisition creates an opportunity for Sealed to increase data accessibility.
Lauren Salz, Sealed CEO and co-founder
Home energy data access has historically been difficult. Utility billing systems are not standardized, many do not make it easy to share customer data and most appliances cannot share data easily or at all. The InfiSense acquisition is part of Sealed’s strategy to increase the availability of difficult-to-access data from inside the home.
InfiSense’s software can monitor energy use as well as indoor air quality, and will enable Sealed to better pinpoint and address issues to make homes more energy efficient, comfortable, and healthy. This data will also help streamline Sealed projects to monitor and improve the ongoing performance of energy efficiency and electrification projects, as well as increase the quantity and quality of data for its machine learning algorithms.
“From our first conversation with Sealed, we knew our technology could make a huge impact if we joined their team. Sealed has built an impressive team and product offerings and it is clear they are just getting started,” said Tim Guiterman, Infisense CEO & co-founder. “My co-founder, Martin, and I are excited to join the product team and build solutions that accelerate home electrification and deliver on the promise of reducing home emissions by stopping home energy waste.”
My co-founder, Martin, and I are excited to join the product team and build solutions that accelerate home electrification and deliver on the promise of reducing home emissions by stopping home energy waste.
Tim Guiterman, Infisense CEO & co-founder
Sealed is a leader in the movement to to maximize the energy efficiency of American homes, while improving quality of life and cutting greenhouse gas emissions. With over 10 years of expertise in the field, Sealed is expanding even more quickly in response to the Inflation Reduction Act, which includes the $4.3 billion HOMES program that provides incentives based on measured energy savings.
“The InfiSense acquisition will enhance Sealed’s ability to ensure the HOMES program delivers on the promise of measured savings,” said Sealed president and co-founder, Andy Frank. “Measured savings incentives have the potential to transform energy efficiency into a scalable clean energy resource, but will need the kind of tools that InfiSense brings to lower the costs of accessing hard-to-reach data.”
The InfiSense acquisition will enhance Sealed’s ability to ensure the HOMES program delivers on the promise of measured savings.
Andy Frank, Sealed president and co-founder
Sealed currently operates in New York, New Jersey, Connecticut, Pennsylvania, Wisconsin and Illinois. This acquisition will provide key insights as Sealed continues to grow and expand to new regions across the U.S.