About Arcadia
Arcadia is a company founded in 2014 by Kate Henningsen and Kiran Bhatraju. It operates as a SaaS (Software-as-a-Service), and Professional Services. Arcadia has raised $566 million across 14 funding rounds from investors including Mitsui & Co., J P Morgan and Macquarie Group. Arcadia has completed 6 acquisitions, including Belt, Nanogrid and RPD Energy. Arcadia offers products and services including Arcadia Platform, Utility Bill Management, Energy Procurement Advisory, Sustainability Reporting, and Community Solar Solutions. Arcadia operates in a competitive market with competitors including Nexamp, Amberflo, British Gas, Lessen and GridX, among others.
- Founders Kate Henningsen, Kiran Bhatraju
- Stage Unicorn
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Arcadia Power, Inc.
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Annual Revenue
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Net Profit
$-4.49 K (USD)-473as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$566 M (USD)
in 14 rounds
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Latest Funding Round
$30 M (USD), Debt – Conventional
Apr 11, 2024
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Investors
Mitsui & Co.
& 25 more
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Employee Count
Employee Count
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Investments & Acquisitions
Belt
& 5 more
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Products & Services of Arcadia
Arcadia offers a comprehensive portfolio of products and services, including Arcadia Platform, Utility Bill Management, Energy Procurement Advisory, Sustainability Reporting, and Community Solar Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comprehensive energy data access is provided for businesses.
Utility cost reduction is achieved through automated solutions.
Clean energy sourcing is supported for sustainability goals.
Carbon emissions tracking is enabled for compliance purposes.
Access to clean energy is facilitated for communities.
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Funding Insights of Arcadia
Arcadia has successfully raised a total of $566M across 14 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 14
- Last Round Debt – Conventional — $30.0M
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First Round
First Round
(05 Jun 2014)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Debt – Conventional - Arcadia | Valuation |
investors |
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| Mar, 2024 | Amount | Series D - Arcadia | Valuation |
investors |
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| Jun, 2023 | Amount | Series D - Arcadia | Valuation | Climate Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Arcadia
Arcadia has secured backing from 26 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co., J P Morgan and Macquarie Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investing in early-stage tech companies and ideas.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech companies
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Arcadia
Arcadia has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Belt, Nanogrid and RPD Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Energy intelligence solutions are provided for residential customers.
|
2017 | ||||
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Platform to compare energy provider plan
|
2015 | ||||
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Developer of wind energy projects
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Arcadia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Arcadia Comparisons
Competitors of Arcadia
Arcadia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nexamp, Amberflo, British Gas, Lessen and GridX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Clean energy projects are analyzed, designed, financed, built, and maintained.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and billing solution for businesses
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| domain | founded_year | HQ Location |
Provider of natural gas exploration and processing sevices
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| domain | founded_year | HQ Location |
Lessen was founded in 2019 in Valencia, Spain.
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| domain | founded_year | HQ Location |
Meter billing solutions are delivered through a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Arcadia
Frequently Asked Questions about Arcadia
When was Arcadia founded?
Arcadia was founded in 2014.
Who is the current CEO of Arcadia?
Kiran Bhatraju is the current CEO of Arcadia. They have also founded this company.
Is Arcadia a funded company?
Arcadia is a funded company, having raised a total of $566M across 14 funding rounds to date.
What does Arcadia do?
Arcadia is engaged in delivering solutions for a clean energy future. The company operates through its advanced utility data platform, covering energy usage and cost data across thousands of providers in over 50 countries. AI-driven analytics and industry expertise are utilized to support businesses and energy innovators. Sectors served include enterprise energy management, solar and storage, EV charging, and carbon accounting. Solutions are designed to streamline processes, lower costs, and achieve sustainability goals for clients globally.
Who are the top competitors of Arcadia?
Arcadia's top competitors include Nexamp, GridX and British Gas.
What products or services does Arcadia offer?
Arcadia offers Arcadia Platform, Utility Bill Management, Energy Procurement Advisory, Sustainability Reporting, and Community Solar Solutions.
How many acquisitions has Arcadia made?
Arcadia has made 6 acquisitions, including Belt, Nanogrid, and RPD Energy.
Who are Arcadia's investors?
Arcadia has 26 investors. Key investors include Mitsui & Co., J P Morgan, Macquarie Group, Green Investment Group, and Broadscale Group.
What is Arcadia's valuation?
The valuation of Arcadia is $1.5B as of May 2022.
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