Arch nabs $5.5M to aggregate private market data for investors

Arch nabs $5.5M to aggregate private market data for investors

2 years ago
Anonymous $FNmJglWnLu

https://techcrunch.com/2021/12/08/arch-nabs-5-5m-to-aggregate-private-market-data-for-investors/

More capital has been raised in the private markets than the public markets for over a decade, and this staggering growth has shown no signs of slowing. As private investment booms, companies are developing new tools to help investors navigate these markets, which can be opaque and inconsistent when it comes to reporting performance data.

New York-based Arch has entered the fray with $5.5 million in fresh seed funding for its aggregated private investment management platform, the company announced on Wednesday.