Xeal

Incredibly excited to announce that Xeal has solidified $40MM in Series B funding from Keyframe, Moderne Ventures ArcTern Ventures Alpaca VC WIND Ventures Ramez Naam and more. Full Forbes Article Here - $40MM Series B: https://lnkd.in/dJVxtkCP This marks an incredible milestone and achievement not only for the company but for the industry at large. Only a few short years ago we set out to build the most reliable electric vehicle charging network to satisfy our real estate partners and supply EV charging to where it’s needed most - multi-family and commercial real estate. As we approach the end of 2022, our vision is coming to life and we’re lucky to have real estate partners like Harrison Street, Lincoln Property Company Stoneweg The NRP Group LLC UBS Asset Management Morgan Properties Camden Property Trust Related Group CEI - Cypress Equity Investments Origin Investments Speedwagon Capital Partners and more relying on Xeal to be their Electric Vehicle charging partner to prepare for the next wave of residents, tenants and drivers. Can’t wait to continue to serve our community and welcome new partners, team members and now a set of additional supportive investors We have BIG things ahead and if you're looking to join an ⚡️ 🚀 ⚡️ then check out our career openings here: https://lnkd.in/dt9SdPPZ

Xeal is excited to bring on Natalie Cariola as a board member. She is an experienced C-level executive (currently CRO of SmartRent), board advisor, proptech consultant, revenue leader, real estate investor and GTM strategist. With over 20 years of experience building high-performing teams, scaling innovative technologies and driving market leadership, Cariola played a pivotal role at Zumper, where she aggressively scaled revenue through Series B, C and D funding rounds. She also brings valuable fintech and payments experience from her previous roles. This appointment marks a significant moment in Cariola’s career as she also steps into the role of Chief Revenue Officer at SmartRent (NYSE: SMRT), a publicly traded leader in multifamily smart home solutions. SmartRent generates over $200+ million in annual revenue, with 3M+ smart devices installed in more than 700K apartment units across North America. “Natalie has served Xeal as a proven growth, GTM, real estate, and executive advisor since 2021, and we are so excited to formally bring her on as a board member during our exciting next growth chapter.” Alexander Isaacson Please join us in welcoming Natalie to the team and learn more about her appointment here: https://lnkd.in/eedQ2BBE

Today we welcome Alastair Westgarth as Chief Operating Officer! Alastair brings a wealth of experience scaling cutting-edge technologies across 4G/5G, AI systems, and autonomous robotics. Under his leadership, we’re taking Xeal’s patented self-reliant EV charging technology to new heights, expanding partnerships, and unlocking even more opportunities in the rapidly evolving EV landscape. Please join us in welcoming Alastair to the team and learn more about his appointment here: https://lnkd.in/eedQ2BBE

One out of every three charging sites is non-functioning. “Such unreliability is killing the industry.” Our co-founder and CTO, Nikhil S Bharadwaj, sat down with Ray Chalmers of Battery Technology to explain Xeal’s unique technology that guarantees 100% uptime without relying on the internet. How does it work? Xeal uses a distributed ledger technology and time-based tokens. Users download our app, get a cryptographic token on their phone, and simply touch their phone to the charger to authorize a session. This ensures reliability and enhances security by eliminating internet dependency. Check out the full article here: https://lnkd.in/eP8gkzgQ 

⚡ Have a look at this electrifying value-add to the Vine Apartments! ⚡ We love to see this clean Xeal install located in Arlington, Texas. Installing EV Charging Stations will attract new residents and keep your existing Electric Drivers happy. Bonus points for a step towards a greener future!

Just got word that our Office Manager can come to NAA. Whew. If there's anyone that knows about EV charging, it's this guy. He can't wait to see you at Booth 141 next week!

Our own Regan Hartley sat down once again with Commercial Observer's Philip Russo to discuss the role of proptech in niche real estate spaces, specifically within student housing. With the rapid growth of EV adoption among students, universities are recognizing the necessity of integrating EV charging stations across campuses. Regan highlighted how Xeal is leading the way by providing charging solutions to campuses nationwide, ensuring that students have access to reliable and sustainable transportation options. Check out the full article to learn more about how Xeal and other proptech leaders are providing best-in-class technology solutions: https://lnkd.in/egarS97E

Next week is the big show! #NAA here we come! 🚀 Xeal has a ton planned and we can’t wait to get to Philly. Make sure to swing by Booth 141 and check out our smart EV charging technology. (It's the huge purple booth, hard to miss) Why come see Xeal? Because who'd want to miss out on seeing: ▪ The only charger in the market with a 100% Uptime guarantee ▪ Powered by our patented self-reliant computing protocol – aka the  🔑  to our always-on experience for critical smart functions like authentication, payments, diagnostics, and OTA updates. ▪ Put simply - the EV charger that leaves no drivers stranded, ever. We'll see you soon! #EVCharging #Xeal #GetXealed #Philadelphia #NAA2024 #Purple

Birmingham is amazing for a bunch of reasons - but here are a few specifics: 1️⃣ The first-ever open-heart surgery using a heart-lung machine happened in Birmingham in 1955 🤯 2️⃣ It's home to iconic authors like Harper Lee, who gave us "To Kill a Mockingbird" 📚 3️⃣ And... it has tons of Xeal chargers :-) ⚡ ⚡ Check out our latest install with Hawthorne Residential Partners at "Hawthorne at Lake Heather." 🔥 🔥 #EVCharging #Birmingham #XealChargers #GetXealed #Purple #EV

“I think it was overhyped and now it’s probably underhyped,” GM CEO Mary Barra said on the US outlook for EVs 🤷♂️ For every negative PR on EVs, there’s usually a positive data point around the corner… Exciting new technologies tend to invite two sides to the debate (no, not referring to politics, but leaders and laggards). After all, it’s what keeps the category fun to watch for both, outsiders & insiders. Here’s the facts: - For six of the top 10 brands, growth topped 50%+ in Q1⚡️📈 - GM has committed to electrifying some of its biggest brands, which are finally reaching production including: $35,000 Equinox SUV and its sibling Blazer; Silverado EV, and GMC Sierra electric pickups with up to 450 miles of range - This year Hyundai, GM and Ford are each on track to reach that 100,000 threshold of mass production, a potential turning point for US EV competition - Stellantis is expected to start selling its first electric Jeeps and Ram pickups - Hyundai is unleashing a diverse stable of EVs for its new factory opening in Georgia in October - Honda just started delivering the Acura ZDX and is building a production hub in Ohio for additional EVs coming in 2025 - “If the global market for EVs continued at this “slowdown” pace indefinitely, virtually all cars would be electric in a decade.” Yes, in a bear case scenario where growth remains at this pace, EVs are still on track to dominate the auto market now - 2030. Xeal Kirsten Swanson Regan Hartley Danny Fawcett Sean Steele Helen Bowman (Revell)