Palmetto
Palmetto is a clean tech company providing a Clean Energy Platform for residential solar, home electrification, and energy management solutions.
Secondary Market Price
How Palmetto Measures Up
To help you manage your Palmetto equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series C
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Palmetto Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Palmetto's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Palmetto is a clean technology company focused on residential energy solutions. The company operates a platform that serves both consumers and business partners, providing software, financial tools, and services for solar and home electrification. Its offerings include a consumer app and marketplace for products like solar panels and HVAC systems, flexible financing, and real-time energy usage tracking. For its business partners, the platform supports market assessment, digital marketing, and automated fulfillment. Founded in 2010, Palmetto began building its technology platform in 2016 to manage the consumer experience and scale its customer base. The company has since acquired MapDwell, which became its Energy Intelligence division, and is headquartered in Charlotte, North Carolina.
Looking forward, Palmetto is expanding its technology platform to serve partners globally and has made several recent leadership appointments, including a new Chief People Officer and a Chief Culture Advisor. The company also brought on Jigar Shah as an advisor to guide its consumer-focused strategy. Recent initiatives include the launch of the "Palmetto Year in Energy," a tool offering homeowners free analysis of their energy consumption. Palmetto also engages in industry collaborations, such as co-hosting webinars with partners like Aurora Solar to educate on solar project approvals, and supports community initiatives through local sponsorships.
- TPG Rise Climate
- Social Capital
- ArcTern Ventures
- Gaingels
- Lerer Hippeau
- MacKinnon, Bennett & Co.
- Shell Ventures
- Greycroft
- Falkon Ventures
- Box Group
- Evergy Ventures
- Co-Founder, Co-Founder Christopher Kemper
- Co-Founder, Co-Founder Jared Wray
- Co-Founder, Co-Founder Sean Hayes
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Palmetto worth joining?
Deciding whether to join a startup like Palmetto involves evaluating its potential growth against your personal financial goals. Tools like Prospect can help you model the potential value of your equity compensation, which is a key factor in this decision.
What should I do with my Palmetto stock?
Managing private company stock involves complex decisions about when to exercise options and how to plan for taxes. Platforms like Prospect offer customized, tax-optimized strategies to help you maximize your equity's post-tax value.
Can you sell Palmetto stock?
Selling stock in a private company like Palmetto is typically possible through secondary markets or company-organized tender offers, though restrictions may apply. Tools like Prospect can help you create a tax-optimized selling strategy when you have an opportunity to sell.
How can I find the value of my Palmetto stock?
The value of private stock is not publicly listed and is determined by factors like the last funding round valuation and secondary market transactions. You can use platforms like Prospect, which use machine learning models to forecast the future value of private company shares.
What is Palmetto's equity worth?
The precise worth of Palmetto's equity fluctuates based on company performance, market conditions, and investor demand. To understand what your specific holdings might be worth, you can use services like Prospect to model different scenarios and project potential outcomes for your shares.
What is Palmetto's stock ticker symbol?
As a private company, Palmetto does not have a stock ticker symbol because its shares are not traded on a public stock exchange. Ticker symbols are assigned only when a company undergoes an initial public offering (IPO).
Can I buy or sell Palmetto stock?
Selling stock in a private company like Palmetto is sometimes possible through secondary markets or tender offers, while buying it is typically restricted to accredited investors. Platforms like Prospect can help existing stockholders create tax-optimized strategies for when they have an opportunity to sell.
What is the criteria to buy or invest in Palmetto stock?
Investing in a private company like Palmetto is generally limited to institutional investors or individuals who meet the SEC's definition of an accredited investor. Employees may also acquire stock through their equity compensation packages.
