Arcadia

What Arcadia does

Arcadia is a Washington, DC-headquartered energy intelligence platform founded in 2014 that unifies utility data, AI-powered analytics, and expert advisory to serve enterprise energy management needs. The platform is built on a proprietary Arcadia Data Model that aggregates and standardizes energy data from 10,000+ utility providers across 90+ countries, covering 95%+ of US residential and commercial utility accounts. Its three core API products — Plug (utility bill and interval data), Signal (tariff database with 30K+ North American tariffs refreshed 70K+ times monthly), and Switch (solar and storage modeling with NREL-verified 99.5% accuracy) — form the foundation for three enterprise solutions: Utility Bill Management, Energy Procurement Advisory, and Sustainability Reporting.

The company serves 1,500+ enterprise customers including approximately 25% of the Fortune 500, processing nearly $100 billion in annual utility spend across 4.5 million meters and 580 million MWh of electricity usage. Arcadia operates a hybrid go-to-market combining enterprise field sales targeting Fortune 2000 accounts with an API-first, self-service developer motion for mid-market and partner-built applications. Revenue is generated through subscription-based enterprise solutions, usage-based API access, and professional services for energy procurement advisory, supported by a 300+ partner ecosystem and distribution via the Snowflake Marketplace. The company has raised over $425 million in venture funding across rounds led by Tiger Global, J.P. Morgan's Sustainable Growth Equity Team, and Magnetar Capital, reaching $270M ARR at a $1.5 billion valuation in 2025. Growth has been accelerated by strategic acquisitions including Urjanet (2022, utility data), Oregon Shines (2023, community solar), RPD Energy (2025, clean energy procurement), and ENGIE Impact (2026, sustainability consulting), while a 2025 merger of its community solar business with Perch Energy sharpened focus on the enterprise thesis.

Name

Arcadia

Legal name

Arcadia Power, Inc.

Website

https://arcadia.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Arcadia is an energy intelligence platform that unifies utility data, AI analytics, and advisory services to help enterprises manage utility bills, procure energy, and meet sustainability goals, serving 1,500+ customers including ~25% of the Fortune 500.

Ownership category

akta.pro rank

Product category

Energy Intelligence Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Industry-Specific ERP for Utilities & Energy (HDAEAEAN)

akta.pro secondary industries

API Analytics, Monetization & Developer Experience Tooling (HDAEAIAJ), Integration Monitoring, Observability & AIOps for Integration (HDAEAIAH)

Keywords

• Energy intelligence platform
• Utility data management
• Enterprise energy management
• Clean energy procurement
• Sustainability reporting software

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Enterprise Energy Management Solutions: Subscription-based enterprise solutions including Utility Bill Management, Energy Procurement Advisory, and Sustainability Reporting. Targets Fortune 2000 companies managing hundreds of locations with energy spend in hundreds of millions.
2. API and Data Products: Usage-based access to utility data APIs (Plug, Signal, Switch) enabling developers and energy software companies to build applications. Platform processes millions of calculations annually through API integrations.
3. Energy Procurement Advisory: Advisory services for clean energy procurement including PPAs, RECs, and comprehensive supply option evaluation. Operates through a network of 300+ implementation partners.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Arcadia is an energy intelligence platform for businesses that combines unified utility data, AI-powered analytics, and expert advisory services. The platform automates utility bill management, enables data-driven energy procurement, and supports sustainability/ESG reporting through three core API products (Plug, Signal, Switch) and integrated enterprise solutions covering utility spend of nearly $100 billion across 10,000+ utility providers in 90+ countries.

Product overview

Arcadia is an energy intelligence platform for businesses, providing a unified platform to pay utility bills, buy energy, and advance sustainability. The platform operates on a three-product API architecture: Plug (utility bill and interval data collection), Signal (tariff database and energy cost calculations), and Switch (solar and storage analysis). Built on top of these APIs are Enterprise Solutions including Utility Bill Management, Energy Procurement Advisory, and Sustainability Reporting. The platform covers 30,000+ utility providers in 90+ countries, serves 1,500+ enterprise customers including ~25% of Fortune 500, and processes nearly $100 billion in annual utility spend. The platform combines AI-powered analytics with expert advisory to help enterprises save money, mitigate risk, and cut carbon.

Differentiator

Problem solved

Functional benefit

Brands

• Plug: Automated utility data collection product for billing statements, interval data from thousands of utility providers in 50+ countries
• Signal
• Switch
• Arcadia Platform

Products and services

• Plug
• Signal
• Switch
• Utility Bill Management Automated utility bill payment, auditing, tariff optimization, and budget forecasting. AI-powered error identification and recovery, rate structure optimization, and consumption-based budgeting for enterprise customers managing hundreds of utility locations.
• Energy Procurement Advisory Data-driven procurement services across retail supply, renewables, PPAs, DERs, and RECs. Evaluates onsite and offsite energy options to co-optimize risk, cost, and sustainability goals. Includes 24/7 Carbon-Free Energy product.
• Sustainability Reporting Automated utility data for Scope 1 and Scope 2 carbon emissions reporting. Supports GRI, SASB, TCFD, CSRD, and SEC climate disclosure compliance. Provides audit-ready data with source bill traceability.

Quantifiable outcome

• 98.4% bill recreation accuracy
• +4 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability5 records

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• LeagueminorStrategic or Co-development Partner · 4 March 2025Strategic partnership to enhance consumer health engagement through AI and longitudinal data, aiming to close care gaps and improve healthcare outcomes while reducing costs.
• CruxminorGTM or Marketing Partner · 17 July 2024Partnership to empower Arcadia customers with access to Crux's central transferable tax credit platform and market data, enhancing clean energy project services.
• SnowflakecoreTechnology or IntegrationArcadia launched its leading utility data product on Snowflake Marketplace, enabling Snowflake customers to access energy data within their existing data environment.
• StripeminorImplementation/ SI/ Consulting PartnerPayment processing partner; handles banking and credit card information. Stripe has achieved PCI Level 1 Service Provider compliance.
• AWScoreTechnology or IntegrationCloud infrastructure provider. Application infrastructure built on Amazon Web Services with data encrypted using AWS KMS. AWS undergoes ISO 27001, SOC 1/2, PCI Level 1, FISMA Moderate, and SOX compliance assessments.

Scale indicators15 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Sweep: Sweep is a sustainability and ESG management platform focused on carbon accounting. It is an Arcadia integration partner for utility data but also a competitor for the sustainability reporting use case.
• JLL (Corrigo) / Yardi / RealPage: RealPage and similar real estate software platforms offer utility expense management and sustainability functionality for property managers. They overlap with Arcadia's property management use case and could expand into broader energy intelligence.

Broad incumbents

• Salesforce Net Zero Cloud: Salesforce Net Zero Cloud (formerly Salesforce Sustainability Cloud) is an enterprise sustainability platform integrated with Arcadia. It competes for sustainability reporting and carbon accounting budgets within Salesforce's broader CRM ecosystem.
• Siemens NaveoPro / Smart Infrastructure: Siemens Smart Infrastructure offers building and energy management software including grid and decarbonization analytics. It is a broad incumbent competitor in enterprise energy and sustainability management, particularly for industrial and commercial customers.
• Schneider Electric: Schneider Electric's Resource Advisor and EcoStruxure platforms offer enterprise energy and sustainability management software. Overlaps with Arcadia in utility bill management, energy procurement, and sustainability reporting, but Schneider serves a much broader industrial and building automation portfolio.
• Honeywell Forge Energy: Honeywell Forge Energy is an industrial energy management and sustainability platform within Honeywell's broader process solutions portfolio. Competes with Arcadia in enterprise energy and emissions management for industrial customers.
• IBM Envizi: IBM Envizi is an ESG reporting and energy management platform within IBM's broader sustainability software portfolio. Competes with Arcadia on sustainability reporting, utility data, and emissions management for large enterprises.

Direct peers

• Persefoni: Persefoni is a climate management and carbon accounting platform serving enterprises. It is an Arcadia integration partner and competes in Scope 1/2 emissions reporting, climate analytics, and sustainability disclosure.
• EnergyCAP: EnergyCAP provides utility bill management and energy tracking software primarily for higher education, government, and commercial customers. It is a direct competitor on utility bill management, data normalization, and energy reporting use cases.
• Watershed: Watershed is an enterprise sustainability platform focused on carbon accounting and ESG reporting. It is a direct integration partner of Arcadia but also a competitor on the sustainability reporting front for enterprise customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/arcadiahq

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds15 records

Investors35 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arcadia