About XL Batteries
XL Batteries is a private company based in Marlborough, Massachusetts. It has reported $36,142,646 raised in four offerings on Form D since September 2022. Its chief executive is Thomas Sisto.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | Jul 14, 2026 | $12,964,901of $25.0M target | 32 | $405K | EquityRule 506(b) | Form D ↗ |
| Aug 6, 2025 | Aug 20, 2025 | $7,499,996of $9.9M target | 1 | $7.4M | EquityRule 506(b) | Form D ↗ |
| Apr 22, 2024 | May 3, 2024amended Jul 23, 2025 | $7,674,872fully sold | 27 | $284K | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Aug 24, 2022 | Sep 7, 2022 | $8,002,877of $10.0M target | 13 | $615K | EquityRule 506(b) | Form D ↗ |
| Total, four offerings | $36,142,646 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on XL Batteries's Form D filed Jul 14, 2026.
Earlier filings also listed Saif Qazi (director, last listed Aug 2025).