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Helping people by offering clean energy and saving money on utilities

Helping people by offering clean energy and saving money on utilities

Arcadia is a fast-growing technology company that is revolutionizing the utility industry. At Arcadia, we’re guided by a common purpose: We believe in a future that is powered by 100% renewable energy. Our team is building the utility of the future - one that breaks down the barriers to clean energy access and puts customers first. Arcadia users all over the country choose clean energy, save with solar power, lower their utility bills and track their impact every day. We make choosing clean energy easy for everyone.

Latest Stories and News

Arcadia raises $30M to expand community solar, Home energy platform

  • Greentechmedia
  • 5 months ago

Arcadia, a startup with software that’s connecting hundreds of thousands of U.S. households to cleaner, cheaper energy options, raised $30 million Tuesday to fuel its expanding community solar and retail energy services business. Over the past three years, the Washington, D.C.-based startup has built a novel business in the energy services space based on software that can aggregate, analyze and package a variety of energy options for U.S. residential utility customers in different states and utility markets.

From a few hundred subscribers for a couple of megawatts' worth of community solar pipeline back in 2016, Arcadia has grown to hundreds of thousands of customers, financing hundreds of megawatts of community solar for its developer partners.

Tuesday’s Series C round was led by previous investor G2VP, which led a $25 million round in 2018, and included new investors Macquarie Capital and Macquarie Commodities and Global Markets, and existing investors Mitsui USA, Seek Ventures, Energy Impact Partners, Box Group and ValueAct Capital. The funding round will allow Arcadia to expand its community solar work to new states.

Arcadia raises $30M to expand community solar, Home energy platform

Kiran Bhatraju

Avatar for Kiran Bhatraju
Founder and CEO of Arcadia Power, previously founder at American Efficient. Author, former congressional aide, Penn alum
Total raised

$34.5M

Funded over

3 rounds

Latest round

Series B (Aug 2018)

Great healthcare, dental, and vision benefits

Company stock options 401(k)

Healthy snacks & beverages

Public transportation credits

Competitive salary

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