Arch is the infrastructure layer for private markets, helping investors reduce risk, operate with confidence, and achieve better outcomes across private investments, so people spend less time managing data and more time on the relationships that drive the business.
HB Wealth, a $30 billion AUM RIA, adopts Arch as a core platform to streamline and scale private markets investment operations and reporting. The platform will support scalable, institutionally informed private markets programs in the independent advisory space.
Arch enhances its tax reporting solution with a Schwab Advisor Services 1099 integration. The integration extends Arch’s tax platform beyond K-1s to provide a comprehensive solution for alternative investors.
Arch forms a client advisory board of executives and decision-makers. The board will shape strategy and product development as Arch ramps up investment to meet private markets investors’ needs.
Arch, a digital platform for tracking private-market investments, raises $52 million in a Series B round. Oak HC/FT leads the financing, with participation from Menlo Ventures, Craft Ventures, Quiet Capital, and others.