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Palmetto

Active#2 worldwide · Solar

Estimated valuation · Solar · United States

Offers homeowners solar and energy-efficiency plans, including LightReach leases and power purchase agreements sold through a network of installer and sales partners, with software for design and monitoring.

HQUnited States
Last roundGrowth round · Feb 2022

Estimated valuation

AI · Solar ranking (worldwide)
≈ USD 1.9bnUSD 970M–3.9bn · Unicorn
Anchor
Last known equity round: Growth round · USD 375M · Feb 2022

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →
RankingTierRankEditionNext update
Solar · worldwideTop 28#2Edition 0 · Oct 202610 Jan 2027
Rank historyOct 2026 · #2 SolarFirst edition: no movements yet.

Funding history

DateRoundAmountTypeInvestors
Feb 2022Growth roundUSD 375MEquitySocial Capital

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Palmetto as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $1.9BUndervalued or overvalued?
Versus competitorsHow does it compare?
Who should acquire itStrategic buyers, and why
Who should it acquireAcquisition targets, and why
Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication.

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.