How much funding has Palmetto raised?

Palmetto has raised $554.0M in total funding, most recently a Series D round.

Who are Palmetto's investors?

Palmetto's investors include TPG (Growth/Rise), Social Capital, SunTrust Bank, Chamath Palihapitiya.

Where is Palmetto headquartered?

Palmetto is headquartered in Charlotte, North Carolina, United States.

What industry is Palmetto in?

Palmetto operates in Clean Energy, Energy Storage, Sustainability.

How many employees does Palmetto have?

Palmetto has 201-500 employees.

Palmetto

Have it all

Charlotte, United States · Founded 2010 · $554.0M raised

Clean Energy

Energy Storage

Sustainability

Headquarters: Charlotte, North Carolina
Employees: 201–500
Founded: 2010
Business Model: B2B2C

Website: palmetto.com
Total Funding: $554.0M
Last Round: $150.0M Series DMar 2024
Rounds: 3

About

Palmetto is a clean energy technology platform that simplifies residential solar adoption for homeowners and the installer network that serves them. The company offers solar installation, flexible financing options including its LightReach subscription product, energy monitoring, and an Energy Intelligence API that embeds building science and geospatial data. Operating across 31 states, Palmetto serves as a full-stack clean energy platform connecting consumers with vetted local installers.

Summary

Palmetto is a Clean Energy company based in Charlotte, United States, founded in 2010. It has raised $554.0M in total across 3 rounds, most recently a $150.0M Series D round in Mar 2024. Investors include TPG (Growth/Rise), Social Capital and SunTrust Bank.

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