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Arc - Series A
Overview
Funding Date
August 16, 2022
Financing amount
$20M
Valuation
--
Catagory
Subcategory
About Arc - Series A
Arc, the future of startup finance, announced that it has closed a $20 million Series A financing round led by Left Lane Capital. Other investors include NFX, Y Combinator, Clocktower Technology Ventures, Torch Capital, Atalaya, Bain Capital Ventures, Soma, Alumni Ventures, and Dreamers VC, as well as the founders of Wayflyer, Plaid, Column, Chargebee, Vouch, and Jeeves. The company will use the new funding to accelerate its growth and expand the availability of its treasury and software products built to help startups access and manage capital while retaining equity.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | -- | 3 | -- | ||
Fund | United States of America | 2015 | 26 | qed@nfx.com | ||
Fund | United States of America | 2005 | 47 | info@ycombinator.com | ||
Fund | United States of America | -- | 2 | -- | ||
Fund | United States of America | -- | 1 | -- | ||
Fund | United States of America | -- | 1 | -- | ||
Fund | United States of America | 1984 | 15 | ir@baincapital.com | ||
Fund | United States of America | 2015 | 30 | -- | ||
Fund | United States of America | 2013 | 38 | info@avgfunds.com | ||
Fund | -- | -- | 5 | -- |
Founders & Team
Don Muir
Raven Jiang
Nick Lombardo
Company Profile / Project Introduction
Arc is the future of startup finance. Founded in 2021, Arc provides startups with the financial products they deserve. Arc converts startups' future revenue into upfront capital, provides a cash management account to store, manage and spend funds, and delivers financial analytics to drive growth.