This week, we shared the news of Oak HC/FT’s investment in Arch, the leading workflow automation and data infrastructure platform for alternative investments. Oak led the company’s $52 million Series B financing, alongside existing investors Craft Ventures, Menlo Ventures, and Quiet Capital. The team at Arch plans to use this funding to accelerate its mission to streamline operations, reduce friction, and unlock growth across private markets - and we can’t wait to see what co-founders Ryan, Jason, and Joel do to supercharge the business in the coming months.
At Oak, we have been thinking about how tech and AI infrastructure can facilitate investment in the alts space. By 2029, alternative assets under management are expected to exceed $29 trillion, compounding nearly 10% annually. Large allocators such as CalPERS and BlackRock have already embraced the alts opportunity, with BlackRock CEO Larry Fink recently guiding investors to allocate 20% of their portfolios to alternatives, up from an average of 5% today. Despite the increasing emphasis and promise, the infrastructure supporting private market investors has lagged far behind.
While capital has poured into alternatives, the operational infrastructure has not kept pace. Investors still wrestle with fragmented fund portals, missing K-1s, manual capital calls, and opaque reporting. We hear from our internal team and LPs about the painstaking process of sifting through hundreds of K-1s and portals to find the information needed to make informed investment decisions. Advisors and family offices face growing administrative burdens that limit their ability to serve clients.
This gap has created a generational opportunity for technology to reshape the way investors access and manage private markets.
Arch has built the workflow automation and data infrastructure platform for alternative investments. Today, the company supports more than 450 clients managing over $260 billion in assets. Its modular platform tackles pain points across the full lifecycle of private investing:
- AI-powered ingestion of account statements, investor letters, and fund updates.
- Data aggregation to deliver accurate, on-demand performance metrics.
- Capital call automation through Arch Pay, with built-in fraud detection.
- Portfolio reporting and insights that give advisors and institutions a real-time, holistic view of their holdings.
What makes Arch so compelling is not just that it saves time and reduces error. It is positioned to become the system of record for private market data - the backbone through which future innovation flows. Over time, Arch plans to expand into fund discovery, liquidity solutions, and tax optimization, becoming the “Charles Schwab for private markets.” History shows that when platforms eliminate friction, markets expand dramatically. Charles Schwab’s OneSource revolutionized mutual funds by removing transaction fees. Arch has the opportunity to do the same for alternatives by removing inefficiencies that today restrict access and limit participation.
Arch is led by Ryan Eisenman, who’s tenacity and focus on execution has carried the company from idea to category leader. The Arch team has deep empathy for customer pain points and is obsessed with its customers and solving the right problems for them. Alongside his co-founders Joel and Jason, the team has spent years listening to RIAs, family offices, and institutional investors describe the operational headaches of alternatives (over 5,500 clicks) and has translated that feedback into purpose-built products.
Arch has already achieved impressive traction, but the company’s vision is much larger. By automating the back-office and embedding itself in the investment workflow, Arch is laying the groundwork for a unified ecosystem where investors can hold, trade, and discover opportunities in private markets.
At Oak HC/FT, we are honored to partner with Ryan and the Arch team as they build the operating system for the next era of finance. In a world where private markets are only becoming more central to wealth creation, we believe Arch is positioned to be an indispensable platform for investors everywhere.