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Palmetto Closes on $29 Million Series B Raise

Aug 03, 2020•about 5 years ago

Amount Raised

$29 Million

Round Type

series b

Charleston

Description

 Palmetto, a software company focused on simplified energy savings for homeowners, announced today that it has completed a $29 Million Series B raise. Investors from a wide range of sectors including energy, financial technology and software participated in the capital round that included Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures and the Leto Family Office. 

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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