About Arcadia
Arcadia is an Energy & Utilities company based in Washington (United States) founded in 2014 by Kate Henningsen and Kiran Bhatraju. Arcadia is focused on providing clean energy solutions through data platforms. It operates on a SaaS (Software-as-a-Service) and Professional Services model. Arcadia has raised $566 million across 14 funding rounds from investors including Mitsui & Co, J P Morgan and Macquarie Group. The company has 1,537 employees. Arcadia has completed 7 acquisitions, including Belt, ENGIE Impact and Nanogrid. Arcadia was last valued at $1.5 billion in December 2024. Its chief executive, as recorded, is Kiran Bhatraju. Its website arcadia.com draws about 153 thousand monthly visits. Arcadia offers products and services including Arcadia Platform, Utility Bill Management, Energy Procurement Advisory, Sustainability Reporting, and Community Solar Solutions. Its focus areas include Energy, Renewable Energy and Clean Energy Solutions. Its legal entity is Arcadia Power, Inc. Its competitors include Nexamp, Amberflo and GridX; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Washington, United States
- Employees 1,537
- Founders Kate Henningsen, Kiran Bhatraju
- Stage Unicorn
- SectorsEnergy & Utilities
- Website arcadia.com
- Social LinkedIn X Facebook Instagram
- Legal Name Arcadia Power, Inc.
- Net Profit-$4.49 K (USD)-473as on Dec 31, 2020
- Total Equity Funding$566M (USD)
in 14 rounds
- Latest Funding Round$30M (USD), Debt – Conventional
Apr 2024
- InvestorsMitsui & Co.
& 42 more
- Employee Count1,537
- Investments & AcquisitionsBelt
& 6 more
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.
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.
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 $566M
- Total Rounds 14
- Last Round Debt – Conventional — $30M
- First Round $130,000
(Jun 2014)
- Investors Count 43
Latest 10 of 14 funding rounds of Arcadia with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $30M | Debt – Conventional | – | – | |
| Mar 2024 | $50M | Series D | – | – | |
| Jun 2023 | Series D | – | Climate Capital | – | |
| Dec 2022 | $128.45M | Series D | – | Keyframe, Magnetar | |
| May 2022 | $200M | Series D | $1.5B | J P Morgan | |
| Sep 2021 | $100M | Series D | – | Tiger Global Management, Drawdown Fund | |
| Dec 2020 | $21M | Series C | – | – | – |
| Dec 2019 | $30M | Series C | – | G2VP | |
| Aug 2018 | $25M | Series B | – | G2VP | |
| Jan 2018 | $5.5M | Debt – Conventional | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2022 | $1.5B | •••••••• |
Last known valuation $1.5B (Dec 2024). 43 investors in total: 43 institutional.
Investors in Arcadia
Arcadia has secured backing from 43 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co, J P Morgan and Macquarie Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in early-stage tech companies and ideas. | boxgroup.com | |||
Venture capital fund investing in tech companies | g2vp.com | Portola Valley, United States | ||
Venture capital fund focused on tech startups | cambercreek.com | Washington, Dc, United States | ||
Private equity and VC-based investment firm | trianglepeakpartners.com | Palo Alto, United States | ||
Venture capital fund focused on growth-stage startups | energyimpactpartners.com | New York, United States | ||
Private equity investment fund | 2012 | broadscale.com | New York, United States | |
Venture capital is invested in climate tech startups and entrepreneurs. | climatecapital.co | San Francisco, United States | ||
Magnetar Capital is engaged in alternative asset management. | magnetar.com | Evanston, United States | ||
Infrastructure funds are focused on green and sustainable energy sectors. | 2012 | greeninvestmentgroup.com | Edinburgh, United Kingdom | |
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States |
Investor details for Arcadia
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Arcadia
83 people are tracked at Arcadia (34 in leadership, 49 in team); the tracked headcount is 1,537.
| Name | Role | Group |
|---|---|---|
Kate Henningsen | Co-Founder & COO | Leadership |
Kiran Bhatraju | Co-Founder & CEO | Leadership |
Corrigan Nolan | Director Of Product | Leadership |
Natjasucha Chanpen | Vp, Customer Success | Leadership |
Elizabeth Ozdinec | Director Of Operations | Leadership |
Justin Hershatter | Director Of Account Management | Leadership |
Nataly Cahn | Sr. Partner Manager | Leadership |
Christopher Turner | Senior Vice President, Business Development & Policy | Leadership |
Pratibha X. | Associate Director | Leadership |
Seth Lanciani | Director Of Business Development, Community Solar | Leadership |
Karthikeyan Sundaramurthy | Vice President | Leadership |
Mrinal Saurav | Senior Director | Leadership |
Sravan Kumar | BU Product Leader And Head Of Product | Leadership |
Patrick McCamley | Chief Commercial Officer | Leadership |
Sonny Chandra Kumaran | Associate Director | Leadership |
Eleanor Parry | Partner Manager | Leadership |
Joel Gamoran | VP & General Manager, Energy Services | Leadership |
Kylee Diacont | Director - DER Solution Sales | Leadership |
Caitlin Knobelauch Mooney | Director Of Operations | Leadership |
Tim Porter | Sr. Director Account Management | Leadership |
63 more people are available in the full profile.
Complete people profiles for Arcadia
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Investments & Acquisitions by Arcadia
Arcadia has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Belt, ENGIE Impact and Nanogrid.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Offers systems planning, target development, and consulting services to corporations & governments | engieimpact.com | New York, United States | 1996 | May 2026 | •••• | |
Developer of wind energy projects | rpdenergy.com | Houston, United States | 2014 | Feb 2025 | •••• | |
Neighborhood guidebooks and Rust Belt literature are published by Belt. | beltpublishing.com | Cleveland, United States | 2013 | Feb 2024 | •••• | |
Utility data is automated and normalized for large organizations. | urjanet.com | Atlanta, United States | 2010 | May 2022 | •••• | |
Solar and wind energy projects are developed by iSolar. | isolarusa.com | Denver, United States | 2013 | Nov 2021 | •••• | |
Energy intelligence solutions are provided for residential customers. | nanogrid.tech | Oakland, United States | 2017 | Apr 2021 | •••• | |
Platform to compare energy provider plan | realsimpleenergy.com | Houston, United States | 2015 | Mar 2021 | •••• |
Complete acquisition details for Arcadia
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- Complete history
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Timeline of Arcadia
11 dated milestones of Arcadia across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Arcadia is founded.
- Funding First funding round of $130K.
- Acquisition Acquires Real Simple Energy.
- Acquisition Acquires Nanogrid.
- Acquisition Acquires iSolar.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Urjanet.
- Acquisition Acquires Belt.
- Funding Latest funding round, Debt – Conventional, of $30.0M.
- Acquisition Acquires RPD Energy.
- Acquisition Acquires ENGIE Impact.
Competitors of Arcadia
Arcadia has 3 listed competitors in our database, 3 of them funded. They include Nexamp, Amberflo and GridX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nexamp.com | 2007 | North Andover, United States | $1.45B | 331 | Clean energy projects are analyzed, designed, financed, built, and maintained. | |
| amberflo.io | 2020 | San Jose, United States | $15M | Cloud-based invoicing and billing solution for businesses | ||
| gridx.com | 2010 | Walnut Creek, United States | $68.2M | 53 | Meter billing solutions are delivered through a cloud-based platform. |
Detailed competitors of Arcadia
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- Full competitor set
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Web traffic of Arcadia
The website of Arcadia (arcadia.com) receives about 153.1K visits a month.
- Monthly visits153.1K
▼ 12.3% vs previous month
Websites whose visitors overlap most with Arcadia. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| figma.com | 100% | 84.7M | #221 | View details | |
| notion.so | 100% | 178.3M | #160 | View details | |
waverleysoftware.com | waverleysoftware.com | 95% | #2,003,693 | – | |
| instagram.com | 83% | 7.1B | #4 | View details | |
| x.com | 82% | 4.5B | #5 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for Arcadia
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- 28 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Smart Grid & Transmission Systems
3 companies that operate in the same segment as Arcadia (Smart Grid & Transmission Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
AI and cloud-driven solutions for energy optimization are provided. | 2009 | Millbrae, California, United States | USD 228.56 M | USD 156.27 M | 569 | |
IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 |
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Related news about Arcadia
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Frequently Asked Questions about Arcadia
Arcadia was founded in 2014.
Arcadia is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Kiran Bhatraju is the CEO of Arcadia, as recorded in our data. They have also founded this company.
Arcadia is a funded company, having raised a total of $566M across 14 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $5.5M, raised on Jun 2014.
Arcadia has 1,537 employees.
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.
Arcadia offers Arcadia Platform, Utility Bill Management, Energy Procurement Advisory, Sustainability Reporting, and Community Solar Solutions.
Arcadia has made 7 acquisitions, including Belt, ENGIE Impact, and Nanogrid.
Arcadia has 43 investors. Key investors include Mitsui & Co, J P Morgan, Macquarie Group, Equinor, and TriplePoint Venture Growth.
The valuation of Arcadia is $1.5B as of Dec 2024.
Arcadia operates through Arcadia Power, Inc..