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.

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Learn more about Arcadia

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What is Arcadia's IPO price?

The IPO price for Arcadia will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Arcadia?

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.

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Can you sell Arcadia shares pre-IPO?

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.

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Is Arcadia a publicly traded company?

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.

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What is Arcadia's funding to date?

Arcadia has raised $448.26MM to date.
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When was Arcadia founded?

Arcadia was founded in 2014.

Who are Arcadia's major investors?

Wellington Management
Drawdown Fund
Energy Impact Partners

Arcadia Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
3/5/2024 Series E-1 and NV E-1 $52.6MM raised $XXX.XX $XXX.XX
5/10/2022 Series E $200MM raised $XXX.XX $XXX.XX
9/15/2021 Series D $103.62MM raised $XXX.XX $XXX.XX
12/1/2020 Series C-1 $20.92MM raised $XXX.XX $XXX.XX
12/10/2019 Series C $29.92MM raised $XXX.XX $XXX.XX
8/16/2018 Series B $31.33MM raised $XXX.XX $XXX.XX
6/2/2017 Series A $6MM raised $XXX.XX $XXX.XX
4/28/2016 Series Seed $3.86MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Apr 15, 2024


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