Arcadia

Arcadia

Provides clean energy solutions and analytics

About Arcadia

Simplify's Rating
Why Arcadia is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Energy

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$596.5M

Headquarters

Washington, District of Columbia

Founded

2014

Overview

Arcadia provides clean energy solutions with a focus on making renewable energy accessible to everyone. The company initially concentrated on community solar projects, allowing multiple users to benefit from a single solar array, which helps broaden access to solar energy. Its main product, the Arc platform, offers users access to global utility data, analytics, and optimization tools. This platform enables businesses and developers to identify energy efficiency opportunities, optimize energy consumption, and understand energy costs better. Unlike many competitors, Arcadia operates on a subscription-based model, providing clients with continuous access to its data and tools to help them manage their energy usage effectively. The goal of Arcadia is to empower businesses to reduce their carbon footprint and contribute to a zero-carbon future.

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Simplify's Take

What believers are saying

  • Merger with Perch Energy makes Arcadia the largest US community solar services company.
  • $50M funding round supports AI-driven product innovation and market expansion.
  • Partnership with Google aims to reduce utility bills for 25,000 low-income households.

What critics are saying

  • Increased competition in community solar could impact Arcadia's market share.
  • Integration challenges with RPD Energy may affect seamless clean energy solutions.
  • Regulatory scrutiny on community solar programs could impact Arcadia's growth.

What makes Arcadia unique

  • Arcadia democratizes energy access with its Arc platform and community solar program.
  • The company integrates utility data from 125 utilities, covering 80% of US accounts.
  • Arcadia's acquisition of RPD Energy enhances its energy procurement advisory services.

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Funding

Total Funding

$596.5M

Above

Industry Average

Funded Over

8 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Competitive compensation and paid time off

Comprehensive medical, dental, vision, and FSA plans

Paid parental leave for everyone

Remote work opportunities

Professional development and ongoing feedback

Company stock options and 401(k)

Snacks, beverages, and regular lunches in the office

On-site gym, new parent, and wellness rooms in DC

Commuter benefits and secure bike storage

100% clean energy match for all employees

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
The Boston Globe
Mar 11th, 2025
After merger, the largest US community solar services company will be based in Boston

A merger announced on Tuesday will result in the largest US community solar services company being based in Boston: Arcadia Power is combining its community solar business with Perch Energy, another community solar company, and the resulting company will be headquartered at Perch's Back Bay offices.

CityBiz
Mar 11th, 2025
Arcadia and Perch Energy To Merge

WASHINGTON and CHICAGO, March 11, 2025 (GLOBE NEWSWIRE) — Arcadia and Perch Energy today announced a new venture combining both companies’ industry-leading community solar... Read More

Montreal Gazette
Feb 26th, 2025
Cority Integrates Arcadia's Platform to Automate Utility Data for ESG Compliance

Arcadia's robust platform seamlessly integrates with CorityOne, enabling customers to link utility accounts across thousands of locations and directly feed standardized data into the system.

SolarQuarter
Feb 11th, 2025
Arcadia Acquires RPD Energy for Clean Power

Arcadia has acquired RPD Energy to enhance its Energy Procurement Advisory services, offering businesses customized clean energy solutions. RPD Energy, known for its innovative renewable energy models, brings expertise in market analytics and energy structuring. The acquisition allows Arcadia to expand its offerings, including flexible clean energy agreements and community solar. Rohit Marwaha will lead the advisory services, aiming to optimize energy security, costs, and sustainability for businesses.

Finsmes
Apr 11th, 2024
Arcadia Raises $50M in Funding

Arcadia raises $50M in funding.

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