Amount Raised
$375 Million
Round Type
Funding Round
CharlestonCommerce and ShoppingEnergySustainabilityNatural ResourcesDescription
Palmetto, a leading clean energy marketplace and technology services platform, today announced it has raised approximately $375 million to accelerate the adoption of residential solar and clean energy independence across the United States. The round was led by Social Capital, with participation from new and existing investors including ArcTern Ventures, Gaingels, Lerer Hippeau, and MacKinnon, Bennett & Co. (MKB).
Quick answer
Palmetto raised $375 Million in a Funding Round round, dated February 24, 2022. Palmetto is based in Charleston, West Virginia, United States.
- How much did Palmetto raise?
- Palmetto raised $375 Million in a Funding Round round on February 24, 2022.
- What does Palmetto do?
- 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.
- Where is Palmetto based and how big is it?
- Palmetto is based in Charleston, West Virginia, United States.
- Who are the decision-makers at Palmetto?
- Fundz holds 1 contact at Palmetto, including the Compensation Benefits. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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.
- Enerkem raised $255M (Funding Round) on April 6, 2022.
- Xpansiv raised $22M on April 5, 2022.
- LG Energy Solution Ltd raised $1.4B on March 24, 2022.
- Planetary Technologies raised $7.8M (Funding Round) on March 17, 2022.
- Validere raised $43M (Funding Round) on March 15, 2022.
- Aurora Solar raised $200M on March 2, 2022.
Who to call at Palmetto, and when
A new round usually means Palmetto is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Palmetto raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Palmetto, from your own LinkedIn network
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Fundz sees it the moment Palmetto raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Palmetto raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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