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Palmetto

Palmetto

Private
Charlotte, North CarolinaEnergy & Sustainabilityhttps://palmetto.com/

Last Round

Debt

Jan 17, 2025

Est. Valuation

$1.03B

Total Funding Raised

$1.78B

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Palmetto is a clean energy company that provides a residential solar energy platform for solar panel installation, battery storage, and energy management solutions.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Energy Storage, Energy Management, Green Building

Business Model

B2B2C

Customer Profile

Hardware + Subscription, Marketplace Commission, Services & Consulting

AI Layer

Application

Keywords

residential solarhome electrificationsolar marketplacebattery storageheat pumpsolar leasepower purchase agreementPPAenergy intelligenceclean energy platformenergy as a servicehome energy managementdistributed energyenergy APIsolar installer

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Palmetto Comparables

Compare Palmetto with similar companies based on industry and business-model similarity.

Palmetto comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
LGCY Power
82%
Schneider Electric
82%
Powur
81%

Palmetto Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJan 17, 2025
Private EquityMar 6, 2023
Series CFeb 24, 2022
Series BAug 3, 2020
DebtFeb 19, 2019
Series A
Sep 4, 2018

Key People

Founding team and executive leadership

Jeffrey K.

Chief Investment Officer

Executive Team

Palmetto Investors

Notable investors and investment history

Palmetto investors
InvestorRounds
MacKinnon, Bennett & CompanySeries C
GaingelsSeries C
TPG Rise ClimatePrivate Equity
Social CapitalSeries C
Morgan StanleyDebt
Shell VenturesSeries B
BoxGroupSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 28, 2026

    Platform now tracks hundreds of thousands of clean energy assets.

  • Mar 28, 2026

    Expanding offerings to include HVAC, geothermal, water heaters, and generators.

Palmetto Filings

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Palmetto filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersCharlotte, North Carolina
Employee Range425
Year Founded2010
Last FundingJan 17, 2025

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