Solar
Palmetto
Palmetto raises $150M Series C at $1B valuation
445 S Figueroa Street, Los Angeles, CA 90071March 21, 20241 min read
Total Raised
$150M
Valuation
$1B
Latest Round
Series C
Employees
800+
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
Company Info
Headquarters
445 S Figueroa Street, Los Angeles, CA 90071
Founded
2010
Team Size
800+
Last Round
$150M(Mar 2024)
Investors (4)
F
Fifth WallLeadLead Investor
Verified investor in Series C
E
Energy Impact PartnersInvestor
Verified investor in Series C
G
GVInvestor
Verified investor in Series C
U
Union Square VenturesInvestor
Verified investor in Series C
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