Tech Company Financing Transactions
Arch Funding Round
On 11/10/2023, Arch raised $20 million in Series A investment from Menlo Ventures, Carta and Citi Ventures.
Transaction Overview
Company Name
Announced On
11/10/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Menlo Ventures (Lead Investor)
private investors (Gary Cohn)
private investors (Marc Spilker)
private investors (Scott Prince)
Proceeds Purpose
The company intends to use the funds to expand its team and enhance its product. The product roadmap includes automating more workflows for advisors, accountants and their clients; delivering increased insights around an investor's private markets portfolio; and building additional tools to reduce the risk of fraud against investors. The funds will also enable the company to develop solutions that equip investors and advisors to understand and simplify workflows related to investment manager communications.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
80 State St
Albany, NY 12207-2543
USA
Albany, NY 12207-2543
USA
Phone
Undisclosed
Website
Email Address
Overview
?The decentralized economy will transform how information and value are exchanged, from digital property and the metaverse, to social networks and finance. Web3 today is the exclusive domain of crypto-native traders. However, as more activity moves into the space, the stronger the case for bridging a broader base of investors
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Storaker
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We do our best to record funding rounds that are announced publicly. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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