# Arch

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arch-2

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.archlending.com
- Total disclosed funding: $7.8M
- Latest round: Seed (Mar 29, 2024)
- Investors on record: 4

## About

Based in New York, US, and founded in 2022 by its CEO Dhruv Patel, and CTO Himansu Sahay, ChainFi Inc., doing business as Arch, operates as a fintech company that allows alternative asset owners access to debt to maximize their financial potential. In January 2023, Arch raised USD 2.75 million in venture funding from Castle Island Ventures, Global Founders Capital, Picus Capital, and Tribe Capital. As of January 2023, the company has disbursed its initial loans for an aggregate amount of USD 250,000.

Arch provides a full suite of financial products and services tailored to individual investors such as two types of loans; interest-only and interest + principal backed by assets with crypto and expanding to public stocks, equity in pre-IPO unicorns, and real estate. In addition, the company tracks all assets in the dashboard and views extensive insights into portfolio performance. It enables investors to borrow money against their entire portfolio in a single transaction, receive it in either USD or stable coins (USDC), and repay it in any combination of the two.

## Funding rounds

- Seed, Mar 29, 2024, $7.8M — Galaxy Ventures, Castle Island Ventures, BitGo, Morgan Creek Capital Management

## Investors

- Galaxy Ventures — Seed
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Seed
- BitGo — Seed
- Morgan Creek Capital Management — Seed