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Arch - Seed
Overview
Funding Date
August 22, 2024
Financing amount
$5M
Valuation
--
Category
Subcategory
About Arch - Seed
Arch has announced the successful completion of a $5 million seed funding round. The investment was led by Morgan Creek Digital and Castle Island Ventures. Additionally, Galaxy has provided Arch with $70 million in debt financing. The newly acquired funds will be utilized to enhance services for institutional clients and individual investors.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2004 | 21 | [email protected] | ||
| Fund | United States of America | 2018 | 56 | [email protected] |
Founders & Team
Dhruv Patel
Himansu Sahay
Company Profile / Project Introduction
Arch is a next-generation financial technology company that allows alternative asset owners access to debt to maximize their financial potential. Arch welcomes alternative assets as collateral and offers individuals loans that traditional lending services do not, granting them the ability to access capital to make other investments or other large purchases. With an instant approval process, US-based regulatory approach, and competitive rates, Arch makes obtaining a loan against alternative assets seamless.