Yc-Backed Arc, A Digital Bank For ‘High-Growth’ Saas Startups, Lands $20M Series A
08/16/22, 10:12 AM
Location
san franciscoMoney raised
$20 million
Industry
sustainability
consumer goods
financial services
information technology
software
Round Type
series a
Arc, a company that aims to give SaaS startups “a way to borrow, save and spend” in one place, has raised $20 million in a Series A round of funding.
Company Info
Location
san francisco, california, united states
Additional Info
Arc is the full-service finance platform for SaaS, providing software startups with the customized financial products they deserve. Founded in 2021, Arc is on a mission to help startups grow by converting future revenue into upfront capital at the click of a button. The company is based in San Francisco and is funded by NFX, Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital, and Y Combinator, among others. To learn more, visit www.arc.tech.