The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Arch
Arch, an alternatives investment platform using technology to automate and speed up processes, has raised $52 million in Series B funding. 

The round was led by Oak HC/FT, with participation from Menlo Ventures, Craft Ventures, Quiet Capital and others. The funding will support Arch’s expansion and development, in particular meeting the needs of institutional investors, large private wealth teams and established family offices.

Arch automatically collects and structures financial data from documents, including K-1s and statements, from various portals and emails into one secure place. New features include Arch Pay, which automates capital calls.

The firm said such technology is necessary to handle the manual chores associated with investing in areas such as venture capital and private equity. The task is also formidable because the global alternatives market is projected to reach $29.2 trillion by 2029, up from $16.8 trillion in 2023, Arch said.

“Investors in private markets have long been underserved – dealing with fragmented data, clunky workflows and high fees,” Ryan Eisenman, co-founder and CEO of Arch, said. “With this new capital and the support of our partners, we’re expanding our suite of CIO tools, developing new features within our client portal and enhancing reporting capabilities for LPs [limited partners]. We’re continuing to build the product the industry needs – streamlining analysis, centralizing reporting and eliminating manual back-office work tied to alternative investments.”

Over the last 14 months, Arch has grown from $100 billion to over $250 billion in private market assets on the platform. It has brought in more than 100 new clients so far in 2025; it serves more than 450 allocators globally.