Tech Company Financing Transactions
Arch Funding Round
Arch, operating out of Covina, scored $6.2 million from Coatue Management, Floodgate Fund and Gigascale Capital.
Transaction Overview
Company Name
Announced On
2/15/2024
Transaction Type
Venture Equity
Amount
$6,200,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to grow its engineering team and expand its customer base in the Northeast and California.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
440 N Barranca Ave
Covina, CA 91723
USA
Covina, CA 91723
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Arch was founded by Philipp Krinner and Sacha Schmitz, combining their experiences from large scale solar installation and best in class software development. We enable HVAC pros to reach their full potential and drive climate tech adoption. We are united by the mission to make every home in the US sustainable, creating a green foundation for future generations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Philipp Krinner
Chief Technical Officer
Sacha Schmitz
Browse more venture capital transactions:
Prev: 2/15/2024: Kairos Aerospace venture capital transaction
Next: 2/15/2024: Ampersand venture capital transaction
Share this article
News on VC Transactions
We do our best to record funding rounds that are announced publicly. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs