Palmetto is a clean energy marketplace, streamlining the process and lowering the cost for homeowners from renewable sources like solar.
Just as technology has advanced society and delivered exciting consumer products, like Tesla cars and the iPhone, tech innovation is empowering homeowners across the country to join the New Utility Revolution. Palmetto’s clean energy marketplace and custom software tools help homeowners quickly estimate utility cost-savings and get renewable energy sources up and running, with ongoing data insights and support. For individuals, this innovation means lower utility bills, more transparency, control over energy use, increase in property value, and protection against power outages. When adopted en masse, a clean energy shift is a major step towards combating climate change and achieving American energy independence.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 24, 2022 | Series C | $375M | 2 | — | — | Detail |
Jan 1, 2022 | Debt Financing | $40M | 1 | JP Morgan | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
JP Morgan | Yes | Debt Financing |
Main Street Capital | — | Series C |
Gaingels | — | Series C |