Arcadia was founded in 2014 by Kiran Bhatraju and Ryan Nesbitt. In May 2022, Axios reported that Bhatraju said that a $200 million Series E funding round could be some of the company's last private fundraising before an IPO.
Arcadia is a climate technology company that collects energy-use data from smart meters so alternative energy companies can more effectively sell their utilities. Arcadia's flagship Arc platform allows companies to leverage their data to develop their own energy solutions. The company has raised more than $500 million in venture capital funding from investors such as Magnetar Capital, Keyframe Capital, Camber Creek, Tiger Global, and Wellington Management. The $200 million raise in 2022 increased Arcadia's valuation to $1.45 billion.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Arcadia is a privately held company and is not publicly traded, therefore investing in Arcadia pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of Arcadia before it goes public?
You can seek to sell your shares in Arcadia while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my Arcadia shares?
To determine the value of your Arcadia shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Arcadia shares. You can also learn more about how to sell your private shares before getting started.
Is Arcadia a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about Arcadia potential IPO
Will Arcadia go IPO?
Arcadia has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
What is Arcadia’s IPO price?
The Arcadia IPO price does not exist at this time, as Arcadia is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Arcadia register for Forge Markets, today.
When was Arcadia founded?
Arcadia was founded in 2014.
What is Arcadia funding to date?
Arcadia has raised $1.74B to date.
Who are Arcadia’s major investors?
Tiger Global Management
Wellington Management
BoxGroup
Drawdown Fund
Energy Impact Partners
Arcadia Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
04/11/2024
Series NV E-1
$3.5MM
$xx.xx
$163.7B
Boxgroup, Broadscale Group, Camber Creek, Energy Impact Partners, G2 Venture Partners, J.P. Morgan, Macquarie Asset Management, Triangle Peak Partners
Price per Share
$xx.xx
Shares Outstanding
184,757
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Broadscale Group, Camber Creek, Energy Impact Partners, G2 Venture Partners, J.P. Morgan, Macquarie Asset Management, Triangle Peak Partners
04/11/2024
Series E-1
$49.1MM
$xx.xx
$163.7B
Boxgroup, Broadscale Group, Camber Creek, Energy Impact Partners, G2 Venture Partners, J.P. Morgan, Macquarie Asset Management, Triangle Peak Partners
Price per Share
$xx.xx
Shares Outstanding
2,592,140
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Broadscale Group, Camber Creek, Energy Impact Partners, G2 Venture Partners, J.P. Morgan, Macquarie Asset Management, Triangle Peak Partners
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November Private Market Update
