Solar

Palmetto

Palmetto raises $150M Series C at $1B valuation

$150M
Total Raised
Series C
Latest Round
2010
Founded
800+
Employees
445 S Figueroa Street, Los Angeles, CA 90071
1 min read

Quick Facts

Valuation
$1B
Latest Round Size
$150M
Latest Round Date
March 2024

Palmetto: Series C Funding Round

Palmetto has successfully raised $150M in Series C funding, reaching a valuation of $1B.

Company Overview

Residential solar marketplace

Funding Details

The Series C round was led by Fifth Wall, with participation from Energy Impact Partners, GV, Union Square Ventures.

Company Information

  • Headquarters: 445 S Figueroa Street, Los Angeles, CA 90071
  • Founded: 2010
  • Employees: 800+
  • Category: Solar

Investment

Palmetto plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Fifth Wall: Verified investor in Series C
  • Energy Impact Partners: Verified investor in Series C
  • GV: Verified investor in Series C
  • Union Square Ventures: Verified investor in Series C

Key Investors

Fifth Wall
Lead Investor
Verified investor in Series C
Energy Impact Partners
Investor
Verified investor in Series C
GV
Investor
Verified investor in Series C
Union Square Ventures
Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources