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
Curated funding news from verified sources
Related Company Reports
Solar
Sunnova
Sunnova raises $750M Series Unknown at $2.5B valuation
Sunnova raises $750M in Series Unknown at $2.5B valuation. Residential solar and energy storage...
Editorial Team
Oct 11, 2024
0 min readβ’$750M
Solar
Sunrun
Sunrun raises $625M Convertible Note at $3B valuation
Sunrun raises $625M in Convertible Note at $3B valuation. Residential solar energy company...
Editorial Team
Jul 25, 2024
0 min readβ’$625M