Arcadia

Arcadia

Provides clean energy solutions and analytics

About

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 democratize solar energy access. Its main product, the Arc platform, offers global utility data, analytics, and optimization tools that assist businesses and developers in creating advanced energy products and climate solutions. Users of the Arc platform can identify energy efficiency opportunities, optimize their energy consumption, and gain insights into energy costs. Unlike many competitors, Arcadia operates on a subscription-based model, providing clients with continuous access to its platform and ensuring a steady revenue stream. The goal of Arcadia is to empower businesses to reduce their carbon footprint and achieve sustainability through effective energy management.

Company Stage

N/A

Employees

501-1,000

Industries

Data & Analytics, Energy

Total Funding

$545.7M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • The recent $50M funding round will accelerate product innovation and support the growth of Arcadia's community solar program, enhancing its market position.
  • Partnerships with major players like Google and EDPR NA Distributed Generation highlight Arcadia's influence and ability to drive significant social and environmental impact.
  • Arcadia's commitment to transparency and accountability, as demonstrated by its Corporate Responsibility Report, fosters trust and loyalty among clients and stakeholders.

What critics are saying

  • The competitive clean energy market requires Arcadia to continuously innovate to maintain its edge and avoid being outpaced by rivals.
  • Dependence on partnerships for large-scale projects could pose risks if these collaborations face challenges or dissolve.

What makes Arcadia unique

  • Arcadia's Arc platform offers a unique combination of global utility data, analytics, and optimization capabilities, setting it apart from competitors who may only focus on one aspect of energy management.
  • The company's focus on community solar projects democratizes access to clean energy, making it accessible to individuals who cannot install solar panels on their own properties.
  • Arcadia's subscription-based model ensures a steady revenue stream while providing clients with continuous access to advanced energy management tools.

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Growth & Insights
Headcount

6 month growth

12%

1 year growth

24%

2 year growth

36%

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

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