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Palmetto Funding History

Since Palmetto was founded in 2010, it has participated in 13 rounds of funding. In total Palmetto has raised $1.9B. Palmetto's last funding round was on Jan 2025 for a total of $1.2B.

Palmetto Funding Rounds

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ROUND

FUNDING DATE

AMOUNT

NUMBER OF INVESTORS

INVESTORS

Equity
Jan 2025
$1.2B
__
Growth
Mar 2023
$150M
1
TPG Rise Climate
Series C
Feb 2022
$375M
5
Social Capital,  ArcTern Ventures,  Gaingels,  Lerer Hippeau,  MacKinnon, Bennett & Co
Convertible Note
Feb 2021
$80M
__
Series B
Aug 2020
$29M
7
Evergy Ventures,  Arctern Ventures,  Greycroft,  Lerer Hippeau,  Box Group,  Falkon Ventures,  Leto Family Office

Total Funding: $1.9B

Palmetto Investors

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INVESTOR

ROUND

FUNDING DATE

TPG Rise Climate
Growth
Mar 2023
Social Capital
Series C
Feb 2022
ArcTern Ventures
Series C
Feb 2022
Gaingels
Series C
Feb 2022
Lerer Hippeau
Series C, Series B, Series A
Feb 2022, Aug 2020, Sep 2018

Total Investors: 13

Palmetto has 13 investors, including TPG Rise Climate, Social Capital and ArcTern Ventures. The latest investment occurred in Jan 2025.