Company Overview
Arcadia is a clean energy technology company founded in 2014 that operates a platform connecting consumers with community solar projects and renewable energy products, enabling people who rent, have shaded roofs, or otherwise cannot install rooftop solar to access solar savings. The company's Arc platform provides the technology infrastructure for community solar program management, subscriber enrollment, and utility bill integration that community solar developers, utilities, and energy retailers rely on. Arcadia raised over $300M and has grown to serve over a million consumer members and connects subscribers to over 600 megawatts of community solar. The company also provides developer tools enabling third-party applications to access its utility bill data and clean energy platform through APIs. Arcadia's technology layer approach addresses a significant market opportunity since only about 30% of US households can technically install rooftop solar, leaving the other 70% dependent on community solar and other off-site clean energy solutions to access renewable power. The Arc platform is increasingly used by utilities, energy retailers, and developers to manage community solar programs at scale.
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