# Archway Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/archway-software

- Industry: Financial Services
- Headquarters: Redmond, US
- Website: www.archwaysoftware.com
- Total disclosed funding: $15M
- Latest round: Series A (Feb 28, 2023)
- Investors on record: 2

## About

Based in Washington, US, and founded in 2019 by WafD Bank, Archway Software, previously known as Pike Street Labs, operates as a financial software provider that enables users to help connect banking platforms to third-party financial software providers. In February 2023, Archway Software, Inc. raised USD 15 million in Series A funding co-led by new investors Madrona Venture Group and WaFd Bank.

The business gives its clients single access points with pre-built integrations for Google Cloud, AWS, talkdesk, Meddix World, and other vetted vertical services, allowing banking clients to create digital services for their clients. The company provides regional and local banks with a SaaS-based (software as a service) platform to connect their internal infrastructure with data used nationally to aid in the creation of customer-centric digital banking applications.

The company intends to use the February 2023 funding for further enhancement of its product and business reach.

## Funding rounds

- Series A, Feb 28, 2023, $15M — Madrona Venture Group, WaFd Bank

## Investors

- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A
- WaFd Bank — Series A