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About Arcadia
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.
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
BoxGroup
Tiger GlobalBenefits
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
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -2%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.
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
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.
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.
Arcadia is Hiring for 3 Jobs on Simplify!
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About Arcadia
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
Arcadia is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today