Palmetto is a US-based startup with a mission to democratize access to clean energy. The company's Clean Energy Operating Platform offers end-to-end solutions for homeowners to transition to renewable energy sources, particularly solar power, in a more cost-effective manner. Recognized as the Most Forward-Thinking Contractor by Solar Power World in 2022, Palmetto is committed to not only driving revenue but also to a sustainable impact. Established in 2009, Palmetto recently secured a significant $150.00M investment in a Private Equity Round led by TPG Rise Climate Fund in March 06, 2023. Moreover, the company's Get-Solar, Give-Solar program focuses on providing clean energy access to underserved communities in sub-Saharan Africa. With a fully distributed team, Palmetto continues to make strides in the residential clean energy market and strives to foster decarbonization.
Palmetto
Clean energy is for everyone.
Charlotte, United States
545 employees
Private Equity
Total: $628.30M
Energy, Clean Energy
General Information
Charlotte, United States
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United States Market
About Palmetto
Business keywords: Clean energy, Renewable energy, Solar power, Energy intelligence, Decarbonization, Residential clean energy market, Digital sales, Customer experience, Impact investment, Green technology, Social responsibility, Distributed company, Triple bottom line, Renewable energy access
Funding Rounds & Investors (9)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Private Equity Round | $150.00M | 1 |
TPG Rise Climate Fund
|
06 Mar 2023 |
| Series C | $375.00M | 10 |
|
24 Feb 2022 |
| Debt Financing | $40.00M | 1 |
JP Morgan
|
01 Jan 2022 |
| Series B | $29.00M | 8 |
|
03 Aug 2020 |
| Debt Financing | $20.00M | 1 |
|
15 Feb 2019 |
| Venture Round | $5.00M | - |
|
01 Jan 2019 |
| Series A | $6.00M | 3 |
|
09 Sep 2018 |
| Debt Financing | $3.00M | 1 |
Silicon Valley Bank
|
01 Sep 2018 |
| Debt Financing | $297.00K | - |
|
01 Aug 2014 |
Palmetto Alternatives & Competitors
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FAQ About Palmetto
Source: BounceWatch company record for Palmetto, https://bouncewatch.com/company/palmetto, updated 30 December 2024. When citing, please name BounceWatch and link this page.
