Evergy Ventures and Shell Ventures contributed to the latest round for clean energy equipment and energy management software provider Palmetto.

US-based energy-saving software provider Palmetto has closed a $29m series B round featuring Evergy Ventures and Shell Ventures, which invested on behalf of energy utility Evergy and petroleum supplier Shell respectively.

Arctern Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures and Leto Family Office filled out the round. Greycroft had already led the company’s $6m series A in September 2018, investing with Lerer Hippeau, Box Group and angel investor David Stern.

Palmetto provides software systems that help consumers track and…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.