Introducing Arc Gold: Startup Treasury Management on Autopilot

Arc, the future of startup finance, today announced the launch of Gold, an automated treasury management solution that helps startups diversify and strengthen their financial position. The new offering builds on Arc’s existing cash management product, and working capital and long-term financing options – Advance and Advance Plus. The announcement comes as startups abruptly reassess the resilience of their banking stack in the wake of Silicon Valley Bank’s collapse.

“While this banking turmoil has obvious short-term impacts on startups, founders should expect significant long-term obstacles to emerge including a tougher fundraising environment and fewer debt providers,” explained James Currier, General Partner at NFX. “Arc Gold gives startups critical tools to weather this storm, all of which will be helpful in the coming days and years.”

Arc Gold expands on more than two years of work providing startups with flexible and non-dilutive financing, setting the new standard for modern corporate treasury management.

Key offerings of Arc Gold include:

• $2.75M of FDIC Coverage: Arc leverages a system of partner banks to provide startups with up to $2.75M of FDIC coverage – 11x the standard amount.
• Automated Treasury: Arc allows startups to automatically balance money between cash accounts, Money Market Funds, and Treasury bills to earn up to 4.95% APY.
• Venture Debt & Working Capital: Arc offers same-day financing, transparent payback plans, and favorable rates to insulate startups’ growth from market conditions.
• White-Glove, Concierge Service: Arc provides dedicated relationship managers available 24/7 to help startups expedite access to capital and treasury management whenever the time is right.

“Founders shouldn’t have to worry if their bank will process payroll or if their funds are protected by FDIC coverage,” explained Don Muir, CEO and Co-Founder of Arc. “With Arc Gold, they can rest easy—their funds are protected by best-in-class FDIC coverage, dedicated support, and fully-customizable treasury management controls.”

“During the SVB collapse, the team at Arc moved quickly to provide emergency financing for payroll, and then helped set us up with products to protect our company cash going forward,” said George Khachatryange, Founder and CEO of Offerfit. “They stepped in at a critical time to give us reassurance and provided quick and personalized service to help us keep our business running.”

Since launching in 2021, Arc has provided funding, banking, and treasury management services to thousands of high-growth startups totaling hundreds of millions of dollars. As a financial technology company, Arc partners with banks to provide cash management services – with customer funds held at Evolve Bank & Trust, Bank of New York Mellon, and Goldman Sachs.

To learn more about Arc Gold and sign up for an account, visit: https://www.arc.tech/gold

About Arc

Arc is the future of startup finance. Founded in 2021, Arc provides startups with the financial products they deserve, including funding, banking, and treasury management. The company is based in San Francisco and is funded by Left Lane Capital, NFX, Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital, and Y Combinator, among others. To learn more, visit www.arc.tech.

Note: Arc is a financial technology company, not a bank. Banking services provided by Evolve Bank & Trust; Member FDIC. Read additional disclosures here.

Contact Information

Austin Beveridge

Media Contact

Arc Technologies

press@arc.tech