Arcadia Series E — energy data API (Arc) covering 125+ utilities / 80%+ of US electric accounts
Arcadia Series E $200M led by JPM Sustainable Growth Equity Team — $1.5B valuation (unicorn). Energy data API (Arc) covering 125+ utilities / 80%+ of US electric accounts. Powers Ford, EnelX, Aurora Solar, STEM. 155% YoY growth in 2021.
$200M
Deal Value
Other
Technology
DC
Location
Deal Details
- Deal Type
- Strategic & Growth Capital
- Seller / Sponsor
- Arcadia
- Buyer / Financier
- J.P. Morgan Asset Management Sustainable Growth Equity Team (lead); Keyframe Capital, Broadscale Group, Triangle Peak Partners, Camber Creek, Tiger Global, Wellington, Salesforce Ventures, Drawdown Fund, MCJ Collective
- Deal Value
- $200M ($1.5B unicorn valuation)
- Stage
- Growth
- ISO/RTO
- PJM
- Source
- PRNewswire / Arcadia
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