logo
logo

Arc Raises $161M To Launch Full-Service Finance Platform For Saas, Built In Partnership With Stripe

Jan 13, 2022•over 3 years ago

Amount Raised

$161 Million

San Francisco

Description

Arc, the full-service finance platform for SaaS, emerged from stealth today with $161 million in total funding from equity and credit investors. In partnership with Stripe, Arc is building a first-of-its-kind fintech solution where software founders can borrow, save, and spend on one comprehensive digital platform. Its introductory product, Arc Advance, allows SaaS founders to seamlessly convert future revenue into upfront capital without dilution at the click of a button.

Company Information

Company

Arc

Location

San Francisco, California, United States

About

Arc is the full-service finance platform for SaaS, providing software startups with the customized financial products they deserve. Founded in 2021, Arc is on a mission to help startups grow by converting future revenue into upfront capital at the click of a button. The company is based in San Francisco and is funded by NFX, Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital, and Y Combinator, among others. To learn more, visit www.arc.tech.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech