Palmetto Clean Technology

company

About

Palmetto is a clean energy marketplace, streamlining the process and lowering the cost for homeowners from renewable sources like solar.

  • 501 - 1000

Details

Last Funding Type
Series C
Last Funding Money Raised
$375M
Industries
Clean Energy,CleanTech,Consumer Software,Energy,Enterprise Software,Software
Founded date
Jan 1, 2009
Number Of Employee
501 - 1000
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$415M
Palmetto Clean Technology has raised a total of $415M in funding over 2 rounds. Their latest funding was raised on Feb 24, 2022 from a Series C round.
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

Investments

Number of Investments
Number of Lead Investments
1
0
Palmetto Clean Technology has made 1 investments. Their most recent investment was on Sep 1, 2021, when Agrovisio raised $10K.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 1, 2021 Agrovisio
Seed $10K AgTech

Investors

Number of Lead Investors
Number of Investors
1
3
Palmetto Clean Technology is funded by 3 investors. JP Morgan and Main Street Capital are the most recent investors.
Investor Name Lead Investor Funding Round
JP Morgan Yes Debt Financing
Main Street Capital Series C
Gaingels Series C