Xeal is the older company (2022 vs 2019); Xeal is the larger of the two.
Side-by-Side Comparison
| Metric | Fabric IoT | Xeal |
|---|---|---|
| Founded | ||
| Founded | 2022 | 2019 older |
| Headquarters | ||
| Headquarters | India | United States |
| Employees | ||
| Employees | 4 | 71 larger |
| Industry | ||
| Industry | Energy, IoT, Energy Storage | Renewable Energy, Sustainability, Automotive |
| Funding Stage | ||
| Funding Stage | Not tracked yet | Debt Financing |
| Total Funding | ||
| Total Funding | Not tracked yet | $61.00M |
| Funding Rounds | ||
| Funding Rounds | Not tracked yet | 4 |
| Services | ||
| Services | Not tracked yet | End-to-end EV charger installation, Strategic EV market analysis, Project management for installations, 24/7 customer support, Turnkey integration of EV solutions |
| Target Customers | ||
| Target Customers | Not tracked yet | Multifamily community managers, Property management firms, Real estate investors, Corporate sustainability directors, Hospitality property operators |
| Taxonomy | ||
| Taxonomy | SAAS Platform, IoT Network Infrastructure, Smart Cities, Smart Home Spaces, Future Mobility Solutions | Electric Vehicle Charging, Smart Cities, Real Estate Technology, IoT Solutions, Energy Management, EV Infrastructure, Grid-Edge Technology, Mobility Solutions, Cloud-Based Management, Sustainable Transportation, Demand Response, Software Development, Passive Income For Property Owners, CO2 Emissions Reduction, Mobile Application Solutions |
| Website | ||
| Website | fabriciot.com | xealenergy.com |
About Fabric IoT
Fabric IoT is a 2020-founded startup based in India, with the slogan "The Data Loom." The company aims to revolutionize the EV industry through its SAAS platform, which includes setting up an IoT network infrastructure, platform, and deploying various IoT solutions in smart cities, smart home spaces...
About Xeal
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...
We will tell you when either one moves
BounceWatch watches Fabric IoT and Xeal for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Fabric IoT and Xeal — by email.
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Compiled from the BounceWatch company index. We last looked at Fabric IoT on 12 Sep 2024, and Xeal on 22 Mar 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.