Arch Raises $52M Series B to Expand Alternative Investments Platform

Arch, a New York City-based alternative investments platform, has secured $52 million in a Series B funding round, according to WealthManagement.com. The round was led by new investor Oak HC/FT. This capital infusion is earmarked for continued expansion, with a strategic focus on serving institutional investors, private wealth teams, and family offices. Arch intends to improve its platform by automating key processes, including the completion of capital calls and the digitization of wire transfers. This funding announcement follows a period of substantial growth for Arch, which has seen its platform assets surge from $100 billion to over $250 billion in the past 14 months. To effectively compete, Arch employs an API-first strategy, enabling seamless integration with third-party platforms. This significant funding round highlights strong investor confidence in Arch's growth trajectory and its strategy to simplify access and management of alternative assets for its expanding client base.