Arch, a company focused on modernizing private markets infrastructure, has secured a $52 million Series B funding round. The raise was led by Oak HC/FT and will be used to further develop Arch’s AI-powered operating system, which is designed to automate and simplify the process of private investing.
The company’s platform automatically gathers and organizes financial data from various sources in a centralized, secure location. This system is built to eliminate inefficiencies and information gaps across private markets. The platform currently supports $250 billion in private assets and serves over 450 allocators, including family offices and banks.
Arch plans to use the new capital for product expansion, institutional growth and improving its real-time reporting capabilities. The company will continue to build out its suite of CIO tools, add new features to its client portal and enhance reporting for limited partners to streamline analysis and reduce manual administrative work.
