Palmetto Closes $29M Series B Funding

Palmetto, a Charleston, S.C.-based clean technology software and fulfillment platform company, completed a $29M Series B funding.

Backers included Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures and the Leto Family Office.

The company intends to use the funds to further grow its product lines and expand into a wider range of services, expand the team, focusing on R&D, software, data science and buildout the customer services.

Led by Chris Kemper, Founder and CEO, Palmetto is focused on building and deploying simplified software systems for consumers to understand their energy spend.



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