# Archive Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/archive-systems

- Industry: Software
- Headquarters: Fairfield, US
- Website: www.archivesystems.com
- Total disclosed funding: $16M
- Latest round: Series A (May 10, 2012)
- Investors on record: 3

## About

Archive Systems, Inc. is a records management company specializing in comprehensive solutions for efficient data management, offering services that integrate physical and digital records through advanced technology.Founded in 1991 and headquartered in Fairfield, US, Archive Systems, Inc. provides innovative records management solutions. The company was acquired by Access Information Management in December 2015. The founder's previous ventures are not documented. Archive Systems has been involved in 7 deals, with the most recent funding round being a Series A in December 2015, raising USD 0.50 mn from Edison Partners, marking the total amount raised at USD 0.50 mn.Archive Systems offers a robust suite of records management solutions, including Access Unify, which merges physical and digital record management on a single platform powered by AI technology. This enables the automation of retention schedules, secured document storage, and seamless document digitization, ensuring compliance with regulatory demands. The company serves over 30,000 organizations in North America, covering sectors like finance, healthcare, legal, insurance, and energy, with services marketed in the US, Canada, Brazil, and Central America.The company operates on a flat-rate subscription model, allowing clients to effectively manage their records lifecycle through the Access Unify platform. This includes services such as secure storage, document scanning, and shredding, tailored to each client's needs. Revenue is generated primarily from B2B transactions, providing a comprehensive suite that streamlines information management processes for enterprises.Looking ahead, Archive Systems plans to expand its product offerings and geographic reach by targeting new markets in South America and Central America, aiming for a broader client base by 2023. The recent funding will support the development of new features in the Access Unify platform and enhance marketing efforts in the identified regions.

## Funding rounds

- Series A, May 10, 2012, $0.5M — Edison Partners
- Series C, Dec 27, 2011, $4.7M — Edison Partners
- Series B, Jun 13, 2007, $11M — Carlyle Group, Edison Partners, Tech Council Ventures

## Investors

- Carlyle Group (https://capitalatlas.ai/funds/carlyle-group) — Series B
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series B, Series C, Series A
- Tech Council Ventures (https://capitalatlas.ai/funds/tech-council-ventures) — Series B