Palmetto
formerly Palmetto Clean TechnologyHave it all
Charlotte, United States · Founded 2010 · $558.3M raised
- Headquarters
- Charlotte, North Carolina
- Employees
- 201–500
- Founded
- 2010
- Business Model
- B2B2C
- Website
- palmetto.com
- Total Funding
- $558.3M
- Last Round
- $150.0M Series DMar 2024
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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 $558.3M in total across 4 rounds, most recently a $150.0M Series D round in Mar 2024. Investors include TPG (Growth/Rise), Social Capital and SunTrust Bank.
Tech & App Stack
13 technologies & apps tracked
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Funding History
Jan 2025
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Funding: Series A through Series D. Amounts, valuations, and investors where available.
Investors
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