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 does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Arcadia will be known as it becomes public. Here are similar public companies: First Solar (NAS: FSLR), Chevron (NYS: CVX), General Electric (NYS: GE).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 5/10/2022 | Series E | $1.5B | $XXX.XX | $XXX.XX |
| 9/15/2021 | Series D | $676.03MM | $XXX.XX | $XXX.XX |
| 12/1/2020 | Series C-1 | $316.21MM | $XXX.XX | $XXX.XX |
| 12/10/2019 | Series C | $254.06MM | $XXX.XX | $XXX.XX |
| 8/16/2018 | Series B | $123.04MM | $XXX.XX | $XXX.XX |
| 6/2/2017 | Series A | $25.29MM | $XXX.XX | $XXX.XX |
| 4/28/2016 | Series Seed | $11.04MM | $XXX.XX | $XXX.XX |
Arcadia is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Arcadia pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Arcadia is a private company and not publicly traded.
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.
