Arcadia sits between consumers and the fragmented utility landscape, providing a data platform that standardizes access to energy usage information across more than 9,500 utilities in the United States. The company’s Arc API lets developers pull real-time and historical electricity data — consumption patterns, billing details, rate structures — without needing separate integrations for each utility.
On the consumer side, Arcadia started as a community solar marketplace where renters and homeowners without suitable rooftops could subscribe to local solar farms and get credits on their utility bills. That business still runs, connecting over 1.5 million people to clean energy projects, but the data platform has become the bigger story. Banks building green lending products, EV charging companies optimizing rates, and energy efficiency startups all use Arc to understand customer energy profiles.
The platform processes utility data for millions of accounts and supports use cases from carbon accounting to demand response enrollment. Arcadia has raised over $500 million in funding, reaching a $1.5 billion valuation in its 2021 Series D. The company employs roughly 600 people and is headquartered in Washington, D.C. By making utility data programmable and accessible, Arcadia is creating the infrastructure layer that a decarbonized, electrified economy needs — one where every app, lender, and device can factor in real energy data when making decisions.
