![[Jcount.com]](https://www.jcount.com/wp-content/uploads/2014/08/jcount150X50.png)
![[Jcount.com]](https://www.jcount.com/wp-content/uploads/2014/08/jcountstartupslogo1.png)
What does Arcadia Power do?
Arcadia Power, is a nationwide clean energy company. The company provides renewable energy for apartments, houses, and business in USA. The company is remaking the customer utility experience from the group up, and is customizing it. The company offers customers seamless monthly billing, community solar programs, Wind Energy, and on bill financing of energy efficient products. The company has customers all over the country, and is a certified B-Corp. This direct to consumer software platform enables customers across 450+ utilities in all the states in the country for better managing home energy use. Consumers link their utility account to the company, which tracks usage and matches automatically with wind farms certified renewable energy, certifying clean power.
How much Arcadia Power was funded?
Arcadia Power raised $3.5M in undisclosed round on August 18, 2016 from Wonder Ventures and BoxGroup.
Previous funding
$500k on September, 2014 from Tom McInerney, Edward Kim, Luke Kupersmith, Wonder Ventures and Eugene Goldberg.
$3.5M on August 18, 2015 from Wonder Ventures, Small Ventures USA, BoxGroup and Maiden Lane Ventures
What is next for Arcadia Power?
Arcadia Power plans to use the latest funding raised for expanding its consumer energy options for including community solar and on-billing financing of energy efficient products such as LED lighting and smart thermostats, which can save consumers ten to thirty percent on their annual energy costs.
More about Arcadia Power
Arcadia Power was founded in 2014 by Kiran Bhatraju and Ryan Nesbitt. It has its headquarters in Washington, District of Columbia. Nearly 10,000 customers have chosen this company’s premium offering matching 100% of customer usage for just 1.5 cents/KWH. This nationwide renewable energy company was founded for making the world better by changing how homes and businesses are powered. This company is a Certified B-Corp. It helps consumers use over 80,000,000 clean KWH of power to date.
