Palmetto Overview

  • Founded
  • 2009

Founded
  • Status
  • Private

  • Employees
  • 507

Employees
  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $375M

  • Investors
  • 30

Palmetto General Information

Description

Developer of energy management and consumption tracking platform and solar energy equipment designed to monitor and optimize solar energy consumption. The company's platform provides real-time insights for tracking daily energy usage while offering recommendations from solar experts as well as designs and installing solar systems, enabling homeowners to view their system performance with transparency and track renewable energy usage.

Contact Information

Formerly Known As
Ecologic Solutions, Palmetto Global Holdings
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Application Software
Other Energy Services
Primary Office
  • 997 Morrison Drive
  • Suite 200
  • Charleston, SC 29403
  • United States
+1 (855) 000-0000

Palmetto Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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Palmetto Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series C) 24-Feb-2022 $375M 00000 000 Completed Generating Revenue
5. Later Stage VC (Series B) 03-Aug-2020 0000 000.00 00000 Completed Generating Revenue
4. Mezzanine 12-Dec-2019 00.000 000.00 Completed Generating Revenue
3. Debt - General 15-Feb-2019 0000 000.00 Completed Generating Revenue
2. Later Stage VC (Series A) 04-Sep-2018 $4.25M $4.35M 0000 Completed Generating Revenue
1. Angel (individual) 14-Mar-2016 $100K $100K Completed Generating Revenue
To view Palmetto’s complete valuation and funding history, request access »

Palmetto Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C-2 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series C-1 00,000,000 00.000000 00.00 00.00 00 00.00 000
Series C 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series B 22,120,479 $0.001000 $1.99 $1.99 1x $1.99 16.21%
Series A 6,532,461 $0.001000 $0.66 $0.66 1x $0.66 4.79%
To view Palmetto’s complete cap table history, request access »

Palmetto Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of energy management and consumption tracking platform and solar energy equipment designed to monitor and opti
Alternative Energy Equipment
Charleston, SC
507 As of 2022
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Fredericton, Canada
00 As of 0000
00.00
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00000 000000 00000000
Toronto, Canada
00 As of 0000
00.000
0000000000 0 00.000
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Palmetto Competitors (18)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SimpTek Venture Capital-Backed Fredericton, Canada 00 00.00 0000000000 0 00.00
000000 Venture Capital-Backed Toronto, Canada 00 00.000 0000000000 0 00.000
00000000 Corporate Backed or Acquired Royal Oak, MI 00 0000000000 0
0000000000 Venture Capital-Backed Los Altos, CA 0000000000 0
000000 000000 Private Equity-Backed Cambridge, United Kingdom 00 000000000000
You’re viewing 5 of 18 competitors. Get the full list »

Palmetto Patents

Palmetto Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20140327308-A1 Solid-state bi-directional balanced energy conversion and management system Inactive 05-May-2013 00000000 0
US-20120021145-A1 Biodegradable sorbent devices for use in liquid spills Inactive 02-Sep-2010 000000000
US-660144-A Adhesive composition and method of making same. Inactive 23-Mar-1899 A61K9/286

Palmetto Executive Team (15)

Name Title Board Seat Contact Info
Christopher Kemper Founder, Chief Executive Officer & Chairman
Omar Amin Chief Development Officer & General Counsel & President
Natalya Davick Chief Financial Officer
Jindra Zitek Chief Operating Officer
Sean Hayes Chief Operating Officer
You’re viewing 5 of 15 executive team members. Get the full list »

Palmetto Board Members (11)

Name Representing Role Since
Andrew Leto Self Board Member 000 0000
Brock Smith JD Self Board Member 000 0000
Chamath Palihapitiya Self Board Member 000 0000
Christopher Kemper Palmetto Founder, Chief Executive Officer & Chairman 000 0000
Francis Suarez Palmetto Board Member 000 0000
You’re viewing 5 of 11 board members. Get the full list »

Palmetto Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Palmetto Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Alex Rogalski Angel (individual) Minority 000 0000 000000 0
Arcturus Venture Family Office Minority 000 0000 000000 0
Calm Ventures Venture Capital Minority 000 0000 000000 0
Chris Cykowski Angel (individual) Minority 000 0000 000000 0
David Bennett Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 30 investors. Get the full list »

Palmetto Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 000 000 11-Jul-2022 0000000000 Alternative Energy Equipment
Mapdwell 25-Mar-2021 Buyout/LBO Energy Marketing 000000000
To view Palmetto’s complete investments and acquisitions history, request access »

Palmetto Subsidiaries (2)

Company Name Industry Location Founded
Green Day Power Alternative Energy Equipment Sacramento, CA 2016
00000000 Energy Marketing Boston, MA 0000
To view Palmetto’s complete subsidiaries history, request access »