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Arcadia - About the company

Arcadia is a series D company based in Washington, DC (United States), founded in 2014 by Ryan Nesbitt. It operates as a Provider of clean energy data platform and solutions for businesses. It offers end-to-end energy management solutions, streamlining data and processes for enterprises and energy innovators. Services include utility bill management, energy procurement advisory, and sustainability reporting. The platform supports various use cases for energy service providers, such as optimizing solar and storage solutions, EV charging, energy management, and property management. It helps clients lower utility costs, achieve sustainability goals, and improve energy efficiency.. Arcadia has raised $566M in funding from investors like G2 Venture Partners, J P Morgan and Tiger Global Management, with a current valuation of $1.5B. The company has 232 active competitors, including 29 funded and 19 that have exited. Its top competitors include companies like Nexamp, GridX and Utilidata.

Company Details

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Key Metrics
Founded Year
2014
Location
Washington, DC, United States
Stage
Series D
Total Funding
$566M in 14 rounds
Post Money Valuation
$1.5B as on Dec 31, 2024
Ranked
Employee Count
1,537 as on Sep 30, 2026
Investment & Acquisitions
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Arcadia's funding and investors

Arcadia has raised a total funding of $566M over 14 rounds. Its first funding round was on Jun 05, 2014. Its latest funding round was a Conventional Debt round on Apr 11, 2024 for $30M. 5 investors participated in its latest round. Arcadia has 43 institutional investors.

Here is the list of recent funding rounds of Arcadia:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 11, 2024
$30M
Conventional Debt
-
-
-
Mar 08, 2024
$50M
Series D
-
-
-
2023
Undisclosed
Series D
-
-
-
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Arcadia's founders and board of directors

Founder? Claim Profile
The founders of Arcadia is Ryan Nesbitt.
Here are the details of Arcadia's key team members:

Arcadia's employee count trend

Arcadia has 1,537 employees as of Sep 26. Here is Arcadia's employee count trend over the years:
Employee count trend for Arcadia
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Arcadia's Competitors and alternates

Top competitors of Arcadia include Nexamp, GridX and Utilidata. Here is the list of Top 10 competitors of Arcadia, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nexamp
Nexamp
2007, Boston (United States), Series E
Provider of community solar programs and energy solutions for businesses
$1.45B
69/100
2nd
Logo for Arcadia
Arcadia
2014, Washington, DC (United States), Series D
Provider of clean energy data platform and solutions for businesses. It offers end-to-end energy management solutions, streamlining data and processes for enterprises and energy innovators. Services include utility bill management, energy procurement advisory, and sustainability reporting. The platform supports various use cases for energy service providers, such as optimizing solar and storage solutions, EV charging, energy management, and property management. It helps clients lower utility costs, achieve sustainability goals, and improve energy efficiency.
$566M
69/100
3rd
Logo for GridX
GridX
2010, Walnut Creek (United States), Series C
Cloud-based platform offering meter billing solutions
$68.2M
66/100
4th
Logo for Utilidata
Utilidata
1983, Providence (United States), Series C
Developer of an autonomous power management platform for critical infrastructure
$186M
64/100
5th
Logo for Kraken
Kraken
2019, London (United Kingdom), Series D
AI-powered utility operating system for managing customers, assets, grid operations, and distributed energy resources
$150M
63/100
6th
Logo for Octopus Energy Group
Octopus Energy Group
2016, London (United Kingdom), Funding Raised
Provider of energy, electric vehicles, technology, and sustainable energy solutions
-
59/100
7th
Logo for Texture
Texture
2023, New York City (United States), Series A
Provider of data infrastructure for energy networks
$23M
57/100
8th
Logo for Utilita
Utilita
2003, Winchester (United Kingdom), Unfunded
App-based utility bill management platform
-
-
57/100
9th
Logo for Lessen
Lessen
2019, Scottsdale (United States), Series C
Provider of property maintenance and improvement solutions for commercial and residential
$705M
55/100
10th
Logo for Ascend Analytics
Ascend Analytics
2002, Boulder (United States), Seed
Provider of software and consulting for power industry decision-making
-
52/100
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Arcadia's Investments and acquisitions

Arcadia has not made any investments yet. Arcadia has made 7 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 05, 2026
Acquisition
1996
New York City (United States)
Feb 11, 2025
Acquisition
2014
Houston (United States)
Feb 08, 2024
Acquisition
2013
Cleveland (United States)
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Reports related to Arcadia

Here is the latest report on Arcadia's sector:

News related to Arcadia

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Media has covered Arcadia for a total of 11 events in the last 1 year, 2 of them have been about company updates.
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