# Arrow

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: arrowhq.com
- Total disclosed funding: $114M
- Latest round: Series A (Jan 1, 2022)
- Investors on record: 12

## About

Based in New York, US, and founded in 2020 by Roshan Patel and Yash Joshi, Walnut Financial, Inc., doing business as Arrow is a financial service platform, offering payment solutions catering to the healthcare sector. In 2022, Arrow raised USD 110 million in Series A funding led by Gradient Ventures with participation from Afore Capital, 2048 Ventures, and Newark Venture Partners.

Arrow offers claims acceleration, error detection, predictive analytics, real-time claim status updates, denial management, EOB and ERA data ingestion, revenue intelligence, payment integrity, and automatic revenue reconciliation for healthcare providers. For health plans, Arrow's Core Exchange facilitates real-time payments, automated claim adjudication, full clinical data exchange, pre-pay payment integrity, and streamlined money movement.

## Funding rounds

- Series A, Jan 1, 2022, $110M — NVP Capital, Afore Capital, Gradient Ventures, H/L Ventures, 2048 Ventures
- Seed, Apr 7, 2021, $3.6M — TA Ventures, NVP Capital, Afore Capital, TACK Ventures, Supernode Ventures, NKM Capital, Gradient Ventures, 2048 Ventures, On Deck, Awesome People Ventures, Polymath Capital

## Investors

- TA Ventures (https://capitalatlas.ai/funds/ta-ventures) — Seed
- NVP Capital — Seed, Series A
- Afore Capital (https://capitalatlas.ai/funds/afore-capital) — Seed, Series A
- TACK Ventures — Seed
- Supernode Ventures (https://capitalatlas.ai/funds/supernode-ventures) — Seed
- NKM Capital (https://capitalatlas.ai/funds/nkm-capital) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed, Series A
- 2048 Ventures (https://capitalatlas.ai/funds/2048-ventures) — Seed, Series A
- On Deck — Seed
- Awesome People Ventures (https://capitalatlas.ai/funds/awesome-people-ventures) — Seed
- Polymath Capital (https://capitalatlas.ai/funds/polymath-capital) — Seed
- H/L Ventures (https://capitalatlas.ai/funds/h-l-ventures) — Series A