Arch secures $20m in Series A funding to modernize financial workflows

Arch, a cutting-edge investment management platform, has successfully raised $20 million in Series A funding, leading the way in the fintech sector with its commitment to streamlining K-1 workflows and automating operations. Spearheaded by Menlo Ventures, the investment round witnessed contributions from prominent players such as Craft Ventures and Quiet Capital, as well as newcomers like Carta and Citi Ventures. This strategic capital infusion will bolster Arch’s capabilities to simplify the complexities involved in managing and reporting alternative investments.

Arch’s Platform: A Hub for Alternative Asset Management and Reporting

Housing tens of thousands of positions with an aggregated value exceeding $60 billion, Arch’s innovative platform stands as a testament to its reach in the alternative asset domain. By centralizing investment-related data and documents, Arch provides a seamless experience, dispensing the need for multiple third-party portals. This next-gen solution facilitates direct, reporting-ready data provision to investors, accountants, and financial advisors, streamlining portfolio management tasks from capital calls to tax document aggregation.

Industry Leaders and Clients Back Arch’s Vision

Acknowledging the significant role of digitization in alternative assets, Croom Beatty of Menlo Ventures highlights Arch’s role in making data more accessible and actionable for stakeholders in financial services. Ryan Eisenman, co-founder and CEO at Arch, emphasizes the platform’s dedication to empowering private investors and professionals with insightful data for informed decision-making. The commitment from industry veterans and client investors, including family offices and wealth management firms, reinforces Arch’s trajectory towards addressing the nuanced demands of the investment community.

Future Developments Fueled by Series A Funding

The fresh funding propels Arch past $25 million in capital raised within two years, marking a substantial milestone in its journey. With plans to automate more advisor workflows, deliver enhanced insights on private market portfolios, and develop fraud reduction tools, Arch is set to extend its influence in the financial sector. Lenny Chang, co-founder at Focus Financial Partners, commends Arch’s product suite for its potential to shape the alternative investment ecosystem, especially for high-net-worth investors.

Arch’s Growing Impact on Private Investment Management

Serving nearly 200 clients, including top-tier investment firms and one of the largest U.S. banks, Arch is on a mission to democratize access to alternative investments through innovative technology. The platform’s growth is evident in its tripled headcount and its strategic plans to attract top talent, ensuring that Arch remains at the forefront of the evolving financial services landscape.