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Clean Energy Technology Platform, Palmetto, Receives Investment From Maverick Carter, Governor Arnold Schwarzenegger, Lebron James, Bono, And More Via Main Street Advisors

PRIVATEApr 20, 2022

Round Type

Venture

CharlestonCommerce and ShoppingEnergySustainabilityNatural Resources

Description

Palmetto, a clean energy platform leveraging proprietary technology designed to drive the adoption of renewable energy like solar power, today announced that Main Street Advisors, whose clients include Maverick Carter, LeBron James, Governor Arnold Schwarzenegger, Billie Eilish, Finneas O'Connell, Jimmy Iovine, Drake, and Bono have invested in the company to help accelerate the adoption of residential solar and clean energy independence across the United States. The announcement of Main Street Advisors' investment follows news of Palmetto's $375M Series C funding round, which was completed in 2021.

Who else raised in Commerce and Shopping and Energy around the same time

Companies in the same sectors as Palmetto that raised within 45 days of this round, from Fundz verified event records.

  • SinglePoint Inc. raised $707K (Seed) on May 11, 2022.
  • Common Energy raised $17M (Funding Round) on May 10, 2022.
  • Yes Energy raised an undisclosed amount on April 28, 2022.
  • Sun King raised $260M (Funding Round) on April 27, 2022.
  • Yotta Energy raised $2M (Series A) on April 26, 2022.
  • South 8 Technologies raised $12M (Funding Round) on April 26, 2022.

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Company Information

Company

Palmetto

Location

Charleston, West Virginia, United States

About

Palmetto is committed to the democratization of energy by putting power and control back in the hands of consumers and inspiring them to make environmentally responsible choices. The company has developed a clean energy marketplace, with proprietary technology designed to make it easier and more affordable for homeowners to source their energy from renewables like solar power. Palmetto is an award-winning company and most recently was awarded Sustainable Company of the year by Best Company. For more information, please visit www.palmetto.com.

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Palmetto raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.