Palmetto
PrivateLast Round
Debt
Jan 17, 2025
Est. Valuation
$1.03B
Total Funding Raised
$1.78B
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Palmetto is a clean energy company that provides a residential solar energy platform for solar panel installation, battery storage, and energy management solutions.
Sector
Energy & Sustainability
Verticals
Renewable Energy, Energy Storage, Energy Management, Green Building
Business Model
B2C
Customer Profile
Hardware + Subscription, Marketplace Commission, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Palmetto Comparables
Compare Palmetto with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| LGCY Power | 82% | |
| Schneider Electric | 82% | |
| Powur | 81% |
Palmetto Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Jan 17, 2025 | ||||
| Private Equity | Mar 6, 2023 | ||||
| Series C | Feb 24, 2022 | ||||
| Series B | Aug 3, 2020 | ||||
| Debt | Feb 19, 2019 | ||||
Series A | Sep 4, 2018 |
Palmetto Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| MacKinnon, Bennett & Company | Series C |
| Gaingels | Series C |
| TPG Rise Climate | Private Equity |
| Social Capital | Series C |
| Morgan Stanley | Debt |
| Shell Ventures | Series B |
| BoxGroup | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 28, 2026
Platform now tracks hundreds of thousands of clean energy assets.
- Mar 28, 2026
Expanding offerings to include HVAC, geothermal, water heaters, and generators.
Recent news
Latest coverage and updates
- has_issues_withOct 1, 2026
Palmetto faced a federal lawsuit alleging a Telephone Consumer Protection Act violation over unsolicited telephone sales calls in California in Jul '23
Palmetto Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Palmetto's valuation, stock price, and market status.
Is Palmetto a public or private company?
Palmetto is a private company.
What is the current stock price of Palmetto?
Palmetto is a private company with no public stock price. Caplight tracks Palmetto's secondary market activity and provides MarketPrice™ estimates to Caplight users.
How much is Palmetto worth (valuation)?
Palmetto's valuation is estimated at $1.0B based on funding round data.
Can I buy Palmetto stock?
Palmetto shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Palmetto's last funding round?
Palmetto's most recent funding round was Debt on February 24, 2022.
Who are the main investors in Palmetto?
Key investors in Palmetto include Social Capital, Greycroft, TPG.
Will Palmetto IPO soon?
No public IPO plans have been announced for Palmetto.
How can I track Palmetto secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Palmetto's secondary market activity and sign up for updates.