Arc
Arc provides an integrated cash management and capital markets platform that enables startups to manage finances, access venture debt, and invest idle cash in insured financial instruments. By offering FDIC-insured accounts and investment options that yield up to 5% net APY, Arc addresses the need for safety, liquidity, and returns in startup finance.
- Artificial Intelligence
- Enterprise Software
- Financial Technology
- Software Only
Funding
Raised to date
$203.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+11Founders
Product
Problem
Startups often struggle to efficiently manage their finances, generate yield on idle cash, and secure necessary funding, leading to suboptimal financial performance and missed growth opportunities. Traditional financial institutions may not cater specifically to the needs of high-growth startups, resulting in fragmented solutions and limited access to venture debt.
Solution
Arc provides a unified platform for startups to manage cash, generate yield, and access capital markets. The platform offers tools for managing day-to-day business finances, including unlimited free wires, ACH transfers, and cards. Startups can invest idle cash in money market funds and treasury bills to earn yield. Arc also facilitates debt raises by connecting startups with customized debt solutions.
Target Audience
Arc's primary target audience is ambitious startups seeking to efficiently manage their finances, generate yield on idle cash, and secure funding for growth.
Features
- Cash management tools for everyday business finances, including unlimited free wires, ACH transfers, and cards.
- Treasury accounts for investing in money market funds and treasury bills.
- Access to venture debt through Arc's capital markets platform.
- AI-powered platform for private credit.
- Multi-factor authentication and granular employee permissions for security.
- Around-the-clock support.