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ARCOS secures a strategic growth investment from Bain Capital to support various business initiatives. The deal amount remains undisclosed.

Jun 10, 20256 months ago
ColumbusSaasSoftware

Investors

Bain Capital

Description

ARCOS, based in Columbus, OH, has attracted a strategic growth investment from Bain Capital. Although the deal amount was not disclosed, the company plans to utilize the funds for growth and product innovation initiatives. ARCOS specializes in workforce management solutions for utilities and critical infrastructure. Its AI-enabled software enhances the efficiency of field operations for a range of clients, including Fortune 150 energy companies.

Company Information

Company

ARCOS

Location

Columbus, Ohio, United States

About

ARCOS provides innovative workforce management solutions that help utilities and other critical infrastructure industries manage people, work, and assets in a single platform. ARCOS enables utilities to quickly mobilize personnel for blue and grey sky work, manage native and non-native crews in a single system, and accelerate operations with field mobility tools that deliver real-time situational awareness. More than 400 utilities rely on ARCOS to advance safety, reduce field costs, and improve response times and customer satisfaction.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers