We're thrilled to announce Arch's $20 million Series A led by @MenloVentures!
https://t.co/LN6WY3TIMi
As long as there's a painful K-1 to collect (or a portal that needs a password reset), our job is just getting started...
Thank you @Diana_Britton and @wealth_mgmt for the story!
Thrilled to announce Arch's $20 million Series A led by @MenloVentures!
Thank you to our investors, team, and clients for believing that K-1s shouldn't be painful as we reimagine private market investment management.
https://t.co/CreHQP7hZ5
And thank you to @Diana_Britton and @wealth_mgmt for the story!
@gotk1s
Tax Day is (ironically) one our favorite days of the year! We’re especially grateful to our clients who brightened it with their thoughtful notes.
One that stood out: "We got your tax day box of cookies, thank you so much! The pamphlet is also super cute, while the 1040 cookie is too beautiful to eat. Appreciate it." - Tax team
Today, we’re excited to announce our $52M Series B to build the modern infrastructure private markets deserve.
This milestone is only possible because of the trust of our clients, the dedication of our team, and the support of our investors and partners. Many thanks to our investors @oakhcft, @MenloVentures, @craft_ventures, @QuietCapital and others. We are grateful to have you with us on this journey.
Read the full announcement in Fortune: https://t.co/4HxG96j1IB
5,500 clicks.
That’s what it can take to manage a single private market investment today... hundreds of portals, thousands of emails, and an endless cycle of manual chases.
The average Arch client has 300 investments, that’s 1,650,000 clicks over the life of these investments.
At @gotk1s, we’re turning private markets into a one-click experience. Today, we’ve automated 86% of those clicks.
To capture the remaining 14%, we’re excited to share that we have raised $52M in Series B funding, led by @oakhcft with participation from @MenloVentures , @craft_ventures, @QuietCapital, and others.
This next chapter is about taking real-time data, reporting, and client-centric workflows to the next level so LPs, GPs, and their advisors can operate without friction.
To our clients, thank you! We're just getting started.
And to all prospective clients and partners, there's never been a better time to choose Arch as your co-pilot to the private markets.
Curious what’s next for Arch? Read the full announcement in @thetermsheet here: https://t.co/eok5KAtCqi
Happy Tax Day from @gotk1s !
To celebrate, we made a (one of a kind) K-1 cookie
Hopefully the tastiest and last K-1 you'll ever have to collect
Oh, and we also announced a ton of new functionality #happytaxday@BakeryFace
https://t.co/vzVRPEN46J
📣 Don’t let K-1s scare you 📣
And if you’re wondering – what’s a K-1, check out this article from https://t.co/rSA3fmQu1H by Elaine Misonzhnik
In it you'll hear some of the pain points investors and advisors face with tax season (sometimes referred to as "K-1 Hell"), and hear Arch's POV on how we can solve it. Few highlights:
💡 Consolidating all tax reporting documentation (ooo, ahh)
💡 Navigating estimated quarterly tax payments and tax implications (sounds dense, but very very important)
💡 Benefiting from the right tax deductions from any losses/depreciation that may be found in a K-1 (now this actually matters)
Ready or not… tax season is officially upon us 🙈
#alternativeinvestments #privatemarkets #wealthmanagement #k1s #gotk1s
@gotk1s's Q3 Feature Release is here!
If you're a client – you likely saw this last month
If you're a future client – we'd love to chat!
And if you’re a competitor, we’re eager to see if you’ll be the top viewer for the second quarter in a row…
https://t.co/VwiWnSRHiN
With love,
The Arch Team
@realEstateTrent@fortworthchris introduced me to https://t.co/NsbjZBeYav @gotk1s . Had an initial call. Really cool stuff and does a great job of tracking LP investments. Thanks Chris!
“The wealthiest families of the world are not worried about getting their K-1s in on time but someone at their family office is” – @fortworthchris
Arch – digitally worrying about your K-1s since 2018.
Check out the podcast ⬇️⬇️
Recorded a conversation with @fortworthchris
He asked me about @gotk1s and automating private investing
I asked him about @FortCapitalLP and real estate investing
https://t.co/pRP10WNQ8U
And it all started with a🌶(spicy) DM from last year, see ⬇️⬇️