New York, NY – According to filings with the U.S. Securities and Exchange Commission, Xeal is raising $40,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Alexander Isaacson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Xeal
Xeal is a technology-first electric vehicle (EV) charging company operating at the intersection of mobility, real estate, IoT, and energy. We are building the next generation of EV charging solutions to take the market from 1% to 100% mass adoption. We tackle the worlds greatest challenges with disruptive, yet practical solutions for the built environment and future of smart cities. Xeal has been adopted by the nations largest real estate companies to electrify thousands of parking spaces. At the most basic level, we are an EV driver app to make charging as frictionless and reliable as possible, but we wanted to be more than that. Drivers only switch to electric when chargers are readily available, which means buildings are the leading force for change. We re-engineered every variable of the EV charger equation to make chargers a no-brainer investment for buildings.

To learn more about Xeal, visit http://www.xealenergy.com/

Contact:
Alexander Isaacson, Chief Executive Officer
800-304-1232
https://www.linkedin.com/in/alexander-isaacson/

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