Palmetto
Have 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
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
11 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
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Jan 2025
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Series A through Debt Financing — per-round amounts, valuations, and who invested in each round.
Investors
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