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Alts Platform Arch Raises $52M in Series B Round
Yahoo Finance· 2025-09-15 12:05
Funding and Investment - Arch has raised $52 million in a Series B funding round led by Oak HC/FT, with participation from Menlo Ventures, Craft Ventures, and Quiet Capital [1][2] Business Model and Technology - Arch aims to streamline and automate the investment process for private market investments, targeting a "one-click" experience for users [3] - The platform automates the collection and structuring of financial data from various documents, significantly reducing the manual effort required [3][4] - Currently, Arch has automated 84% of the typical 5,500 clicks needed for a placement in a drawdown vehicle, with plans to address the remaining 16% [4] Growth and Market Position - Arch's platform assets have increased from $100 billion to over $250 billion in the last 14 months, serving over 450 allocators globally, including major private banks and accounting firms [6] - The company is positioned in a competitive landscape that includes other firms specializing in private markets and traditional TAMPs [7] Integration and Ecosystem - Arch offers an open API for integration with other platforms, enhancing its competitive edge and facilitating partnerships, such as with Envestnet [7][8] - The company emphasizes the need for stable systems, high-quality data, and excellent client experiences in the alternative investment industry [8]