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Palmetto Secures $1.2 Billion Investment to Revolutionize Clean Energy Access and Impact Communities Worldwide

Palmetto

Funding Amount
USD 1.2B
Company Size
201-500 employees
Industry
Software Development

We are excited to announce that Palmetto has successfully raised an impressive $1.2 billion in funding, marking a pivotal moment in our commitment to revolutionizing clean energy accessibility for homeowners. As a company dedicated to the belief that access to clean energy is a fundamental right, we continue to strive for solutions that are not only economically viable but also sustainable. Our innovative Clean Energy Operating Platform seamlessly integrates various functions—from sales and financing to fulfillment and energy intelligence—empowering brands within the residential clean energy sector to thrive while achieving their decarbonization objectives. In 2022, we were honored to be recognized as the Most Forward-Thinking Contractor by Solar Power World, underscoring our industry leadership and innovative vision. This new round of funding will enable us to further our mission, enhance our technological capabilities, and expand our footprint, particularly through initiatives like our Get-Solar, Give-Solar program, which provides underserved communities in sub-Saharan Africa with access to clean, renewable energy. As a fully distributed company with a diverse team spread across the United States, we are poised to leverage this capital to drive substantial growth, foster community initiatives, and ultimately create a future where clean energy is a universal standard rather than an exceptional privilege. Thank you for your continued support as we work together to reshape the energy landscape for generations to come.

January 24, 2025

Buying Signals & Intent

This company has expressed interest in the following products and services:

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  • Solar Panels
  • HVAC Systems
  • Energy Advisory Services
  • Retail Energy Plans
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