# Palmetto funding: rounds and investors

> Palmetto has raised $6.0M across 1 round since 2018. Investors include BoxGroup, David Stern and Greycroft/ Lerer Hippeau. Every round with its source.

Source: https://millionrounds.com/company/palmetto (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Palmetto*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$6.0M** raised across 1 round since 2018, from 1 source

- **Latest round:** Round, $6.0M Sept 2018
- **Investors:** 3

See who backed them

## The rounds

- **Sept 2018** Round **$6.0M** [BoxGroup](https://millionrounds.com/fund/boxgroup) [David Stern](https://millionrounds.com/fund/david-stern) Greycroft/ Lerer Hippeau Reported by FinSMEs

## Everyone who backed them

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round

[David Stern](https://millionrounds.com/fund/david-stern) Angel **1** round

Greycroft/ Lerer Hippeau no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=palmetto).

## Also claim to have backed them

These 6 firms list Palmetto as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm Per its own site

[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm Per its own site

[Evergy Ventures](https://millionrounds.com/fund/evergy-ventures) Corporate VC Per its own site

[Charlotte Fund](https://millionrounds.com/fund/charlotte-fund) VC firm Per its own site

[Hennessy Capital](https://millionrounds.com/fund/hennessy-capital-group-llc) Private equity Growth, per its site

[Valkyrie Fund](https://millionrounds.com/fund/valkyrie-fund) Accelerator Per its own site

## Quick answers about Palmetto

### Who invested in Palmetto?

Palmetto's investors include BoxGroup, David Stern and Greycroft/ Lerer Hippeau.

### How much has Palmetto raised?

Palmetto has raised $6.0M across 1 round since 2018.

### When did Palmetto last raise?

Palmetto's most recent round was an Undisclosed round of $6.0M in Sept 2018.

### What was Palmetto's biggest round?

Its most recent round, $6.0M in Sept 2018, is also its largest on record.

### Who backed Palmetto first?

Palmetto's first round on record, in Sept 2018, was backed by BoxGroup, David Stern and Greycroft/ Lerer Hippeau.

### What stage is Palmetto at?

Palmetto's latest named round is an Undisclosed round, in Sept 2018.

### Where is Palmetto based?

Palmetto is based in the United States.

## Companies like Palmetto

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)

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