Arca Raises $64M in Funding
Arca, a New York-based AI-native wealth management company, has emerged from stealth announcing a total of $64 million in funding across its seed and Series A rounds.
The $48.5 million Series A was led by General Catalyst, with strong backing from Index Ventures and Venrock. Venrock also led the company's $15.5 million seed round.
Arca Use of Funds
Arca intends to use the funding to grow its client base, expand its team of financial advisors, and continue developing its AI-powered wealth management platform and brand.
Founded by Rron Rexha, a former product leader at Plaid, Arca is an AI-native wealth management platform. The company pairs human financial advisors with purpose-built AI infrastructure to automate repetitive back-office tasks, aiming to improve client outcomes and allow advisors to focus on relationship management.
Funding Details
Company Website: https://arcawealth.com
Company: Arca
Raised: $64M
Round: Seed, Series A
Funding Date: June 2026
Lead Investor: General Catalyst
Additional Investors: Index Ventures, Venrock
Company Website: arcawealth.com
Software Category: FinTech