Market Research Report for Arc Technologies Inc.
Company Overview
Name, Mission of the Company
- Name: Arc Technologies Inc.
- Mission: Arc is the future of finance for startups, providing software companies with the customized financial products they deserve.
Founding Details
- Founded: 2021
- Founders: Don Muir, Nick Lombardo, and Raven Jiang
Key People in the Company
- Don Muir: Co-Founder & CEO
- Nick Lombardo: Co-Founder & President
- Raven Jiang: Co-Founder & CTO
Headquarters
- Location: 1481 Folsom Street, San Francisco, CA 94103
Number of Employees
- No information is available
Revenue of the Company
- No information is available
Notable Recognitions
- Arc Technologies is known for simplifying and modernizing financing for high-growth companies, mostly within the software industry, offering cash management and capital market services to support their scaling needs.
Products
Financial Solutions Offered
1. Cash Management
- Description: Comprehensive management of business finances.
- Key Features:
- Unlimited free ACH and wire transfers.
- Issue virtual or physical debit cards.
- Automated recurring transfers.
- Rewards on card spend and business account balances.
- Multi-factor authentication and granular employee permissions.
2. Treasury
- Description: Maximize yield on idle funds while ensuring high levels of protection.
- Key Features:
- Investments in Money Market Funds and Treasury Bills with yields up to 5.25%.
- FDIC insurance eligibility up to $5.5 million.
- Smart auto-balancing to optimize uninvested cash.
3. Capital Markets
- Description: Outsource debt raises to secure customized financial solutions.
- Key Features:
- Access to $100 billion in debt capital through Arc’s lender ecosystem.
- Receive indicative terms within five days.
- Dedicated support from capital markets experts.
- Venture Debt, Working Capital, Asset-Backed Loan, among others.
4. Venture Debt
- Description: Financing long-term growth for venture-backed startups.
- Key Features:
- Financial solutions from Seed through to IPO.
- Quick qualification with market-leading terms.
- Flexible, non-dilutive capital that maintains founder control.
5. Global Treasury
- Description: Enable international companies to invest in U.S. fixed income securities.
- Key Features:
- Investments in U.S. Treasury Bills for global entities.
- Safeguard funds held in U.S.-based brokerage accounts.
6. Working Capital
- Description: Capital to run day-to-day operations without equity dilution.
- Key Features:
- Fast offer generation and capital deployment.
- Customizable terms with transparent pricing.
- Non-dilutive funding without personal guarantees or covenants.
Recent Developments
New Developments and Highlights
Capital Markets Launch
- Arc launched Arc Capital Markets, enabling technology companies to secure up to $250 million in debt capital from a network of pre-qualified lenders.
Arc Global Treasury
- Expanded to enable select international companies to invest in U.S. fixed income securities via Pershing Advisor Solutions LLC, providing yields up to ~5.3% net APY.
Arc Platinum
- A premium membership experience tailored for startups, offering additional earnings, waived management fees, and dedicated support managers.
Increased FDIC Coverage
- Increased available FDIC insurance to $5.5 million through a combination of strategic bank partnerships and cash sweep programs.
Partnerships
- Partnership with Stripe Payments Company for account services and money transmission.
- Advisory services through Atomic Invest LLC, ensuring an up-to-date and integrated financial service offering.
Customer Case Studies
- Swayable: Leveraged Arc to receive multiple venture debt term sheets within days, depositing funds into Arc accounts and earning leading APY.
- Mitra Chem: Facilitated a $60 million Series B raise with bridge financing through Arc, positioning the company for significant growth.
By providing these comprehensive financial solutions, Arc Technologies Inc. continues to redefine how growth companies manage their finances and access capital, ensuring startups can scale efficiently and securely.