Xeal is positioning itself as a leading player in the electric vehicle (EV) charging industry, with a clear focus on technology-driven solutions that integrate mobility, real estate, IoT, and energy. Founded in 2019, the company aims to accelerate the transition of the EV market from 1% to 100% mass adoption by providing disruptive solutions tailored for smart cities.
Located in the United States, Xeal has carved out a niche by partnering with large real estate firms to electrify numerous parking spaces, showcasing a scalable business model that meets growing sustainability demands. The company operates within the Renewable Energy, Sustainability, and Automotive industries.
Their latest infusion of $10.00M through debt financing from Bridge Bank in December 2022 signals investor confidence and positions Xeal well for future growth. As cities continue to evolve into smart environments, Xeal stands poised to significantly contribute to the electric mobility revolution.