Arch, A Next-Gen Platform For Alternative Asset Management, Raises $5.5 Million From Craft Ventures To Automate Everything Except Advice For Private Investors
Arch, A Next-Gen Platform For Alternative Asset Management, Raises $5.5 Million From Craft Ventures To Automate Everything Except Advice For Private Investors
12/08/21, 8:00 AM
Money raised
$5.5 million
Arch, the investment platform for private investment communications in one portal, with one login, today announces their $5.5 million Seed Funding Round led by Craft Ventures with participation from Animal Capital, Good Friends (started by the founders of Warby Parker, Harry's, and Allbirds), Vine Ventures, Soma Capital, Henry Ward (CEO and Co-founder of Carta), and over 25 current Arch clients. Since launching publicly in June 2020, Arch has grown annualized recurring revenue over 1,100%, and the private assets managed on Arch have experienced over 2,300% growth. On average, investors using Arch report spending 35% less time managing their investments.
Company Info
Additional Info
Arch is the Digital Admin for private investments, the all-in-one investment platform that manages all private investment communications in one portal, with one login. With Arch, investors are able to manage their investments in one place, accessing information 5x faster. Arch connects with the back office for each private investment, receiving all documents and communications in a secure, aggregated platform. Arch's automated system collects K-1s, manages cash flows, and provides reporting ready data, removing the need to access 3rd party portals. The platform collects tax documents across every investment, organizing critical information and delivering these documents automatically to Accountants and Tax Advisors.
Visit archlabs.com or contact founders@archlabs.com for more information.
SOURCE Arch