Series B · Fintech
Arch names additional investors in its $52M Series B
MUFG Innovation Partners, Franklin Templeton and Anton Levy were disclosed as existing round participants as Arch passed $500B in assets on its platform.
The July announcement revealed previously undisclosed investors from the original Series B; it did not announce another $52 million raise. They join the previously named Oak HC/FT, Menlo Ventures, Craft Ventures and Quiet Capital.
Arch reported $539 billion in private assets on the platform, double the level a year earlier. MUFG Innovation Partners and Franklin Templeton also use the service for investment operations. Capital from the round supports product development, AI and data infrastructure, and expansion of the business.
Funding history
Series B · This round$52M