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.
Sectors and market segments that Arcadia operate in
Arcadia serves in the Energy Tech, Environment Tech, Sustainability Tech market segments.The primary business model of Arcadia are:- Energy Tech > Renewable Energy Tech > ***** **** > ***** ******
- Environment Tech > Renewable Energy Tech > ***** **** > ***** ******
- Sustainability Tech > Renewable Energy Tech > ***** **** > ***** ******
- Energy Tech > Smart Grid > ***** **** > ***** ******
- Environment Tech > Smart Grid > ***** **** > ***** ******
- Sustainability Tech > Smart Grid > ***** **** > ***** ******
- Energy Tech > Energy Efficiency Tech > ***** **** > ***** ******
- Environment Tech > Energy Efficiency Tech > ***** **** > ***** ******
- Sustainability Tech > Energy Efficiency Tech > ***** **** > ***** ******
Key Metrics
Founded Year
2014
Location
Washington, DC, United States
Stage
Series D
Total Funding
$566M in 14 rounds
Latest Funding Round
Post Money Valuation
$1.5B as on Dec 31, 2024
Investors
Ranked
2nd among 232 active competitors
Employee Count
1,537 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Arcadia
Arcadia is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Arcadia Invest ApS CIN: 39904446 , Denmark, Deadpooled | Sep 24, 2018 | - | - |
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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:
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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 | - | - | - |
View details of Arcadia's funding rounds and investors
Arcadia's founders and board of directors
Founder? Claim ProfileThe founders of Arcadia is Ryan Nesbitt.
Here are the details of Arcadia's key team members:
- Ryan Nesbitt: Co-Founder & President of Arcadia and founder of 1 other company.
View details of Arcadia's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nexamp 2007, Boston (United States), Series E | Provider of community solar programs and energy solutions for businesses | $1.45B | 69/100 | |
2nd | 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 | GridX 2010, Walnut Creek (United States), Series C | Cloud-based platform offering meter billing solutions | $68.2M | 66/100 | |
4th | Utilidata 1983, Providence (United States), Series C | Developer of an autonomous power management platform for critical infrastructure | $186M | 64/100 | |
5th | 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 | Octopus Energy Group 2016, London (United Kingdom), Funding Raised | Provider of energy, electric vehicles, technology, and sustainable energy solutions | - | 59/100 | |
7th | Texture 2023, New York City (United States), Series A | Provider of data infrastructure for energy networks | $23M | 57/100 | |
8th | Utilita 2003, Winchester (United Kingdom), Unfunded | App-based utility bill management platform | - | - | 57/100 |
9th | Lessen 2019, Scottsdale (United States), Series C | Provider of property maintenance and improvement solutions for commercial and residential | $705M | 55/100 | |
10th | Ascend Analytics 2002, Boulder (United States), Seed | Provider of software and consulting for power industry decision-making | - | 52/100 |
Looking for more details on Arcadia's competitors? Click here to see the top ones
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:
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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) |
See all acquisitions by Arcadia
Reports related to Arcadia
Here is the latest report on Arcadia's sector:
News related to Arcadia
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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Arcadia Unveils New Portfolio: Ascent, CareJourney, and LifeScience for Agentic Population HealthHIT Consultant•Oct 05, 2026•Arcadia
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Arcadia Acquires ENGIE Impact to Create Best-in-Class Energy Management PlatformCleanTechnica•May 26, 2026•Arcadia, ENGIE Impact, Engie
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Belgium to Negotiate Acquisition of Engie's Nuclear ActivitiesDHnet•Apr 30, 2026•Engie, Arcadia, Electrabel, Uk Power Networks
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Arcadia Introduces Flipside Kids Modular Bench Series for Young MindsOfficeinsight•Apr 04, 2026•Arcadia, Gemma Bernal
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Highlight AI Raises $40 Million Series A to Build the Shared Intelligence Layer for the Agentic Age of WorkYahoo•Mar 24, 2026•359 Capital, Highlight AI, Arcadia, Common Metal and 8 others
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Arcadia Paper Mills Acquires Former Boise Paper Mill in OregonPapnews•Jan 19, 2026•Arcadia, Boise Paper
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Iron Games secures $4m from Arcadia Gaming PartnersMobidictum•Nov 04, 2025•Arcadia Gaming Partners, irongames.de, Arcadia, Ironside
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Arcadia Gaming Partners invests $4M in Iron Games studio led by ex-Gram Games execsPocket Gamer•Nov 04, 2025•ironstudios, Arcadia
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Missing growth capital, subpar demand: The free-rider problem clouding India’s climate-tech segment
YourStory•Jul 14, 2025•BlackRock, Temasek, CFS, Antora and 3 others
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