Company Overview
Xeal is a pioneering EV charging infrastructure company founded in 2019 to address climate change through practical smart city solutions. The company has developed the first and only self-reliant EV charging network, eliminating dependency on central networks that plague traditional charging infrastructure. Xeal's proprietary Apollo technology uses distributed ledger-based computing to enable 100% self-reliance for all smart functions, ensuring chargers work even without internet connectivity.
Headquartered in California, Xeal has rapidly expanded to over 400 cities across the United States, serving more than 300 top real estate leaders. The company specializes in multifamily residential and commercial workplace charging, providing comprehensive solutions from installation through ongoing management via cloud-based platforms and mobile applications.
Xeal's innovative approach has earned significant recognition, including Forbes 30 Under 30 honors for its founders and the #1 ranking for most innovative EV charging technology in transportation. The company has raised $64 million in total funding, including a $40 million Series B round in 2024, positioning it as a leader in solving the critical infrastructure challenges facing EV adoption in apartment and workplace settings.
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Xeal is an emerging player bringing innovative solutions to the Transportation market.
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