Arch Secures $20 Million in Series A Funding

Published 6 months ago

Arch, a private investment management platform, has successfully raised $20 million in a Series A funding round. The round was led by Menlo Ventures, with participation from other significant players such as Craft Ventures, Quiet Capital, and investors from Carta, Citi Ventures, GPS Investment Partners, and Focus Financial Partners.

Streamlining Investment Workflows

The platform Arch offers aims to revolutionize the way K-1 workflows are managed, by automating operations and simplifying the reporting process for a variety of financial firms and institutions. This includes single and multi-family offices, wealth management firms, accounting firms, banks, and other institutions. Arch’s technology allows for the tracking of tens of thousands of positions, which represents over $60 billion in investments across multiple alternative asset classes.

Client-Centered Technology

Arch provides a client- and advisor-friendly platform that centralizes data and documents from every investment, negating the need to use third-party portals. It delivers data that is ready for reporting directly to investors, accountants, and advisors. This approach has led to significant growth for the company, which has tripled its workforce in the past year and acquired close to 200 clients, including one of the largest banks in the United States.

Utilizing New Funds for Expansion

With the new funding, Arch plans to expand its team and further enhance its product offerings. The goal is to minimize the repetitive manual tasks associated with investing in and managing alternative investments, making the process more efficient for its users.

A Platform Built for Insightful Investment Decisions

Ryan Eisenman, CEO of Arch, emphasizes the importance of actionable, insightful data as the cornerstone of intelligent investment decisions. Arch is designed to address the intricate needs of private investors, financial advisors, banks, and institutions by providing a comprehensive platform to manage and understand private investments with greater efficiency.

The latest funding has brought Arch’s total capital raised to $25 million over the past two years, marking a period of rapid growth and expansion for the company.