Arca, an AI-native wealth management company that brings personalized, advisor-led financial services, today exited stealth and announced it secured $64 million across its seed round and Series A. 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 manages over $1 billion in client assets, with 28 employees across wealth management operations, product and engineering.
Arca raises $64M across seed ($15.5M) and Series A ($48.5M) led by General Catalyst, Index Ventures, and Venrock.
Manages over $1 billion in client assets with 28 employees.
Purpose-built AI infrastructure removes operational friction for financial advisors.
Advisors currently spend less than 20% of their time in front of clients.
Backed by industry leaders including Bill McNabb (former Vanguard CEO), Morgan Housel, and Jason Wenk (Altruist CEO).
Over a third of US households lack access to personalized wealth management.
Today, more than a third of US households – holding tens of trillions in assets – lack access to the proactive, personalized and efficient wealth management they deserve. With services spread across more than 15,000 SEC-registered RIAs, consistent quality is hard to find. Furthermore, industry research shows advisors spend less than 20% of their time in front of clients, with much of the rest lost to back-office work, fragmented tools, and manual time-intensive workflows. Arca pairs high-touch advisory services with AI-powered efficiencies that handle manual, repetitive work, allowing advisors to foster stronger client relationships and deliver higher-quality, more personalized financial advice.
Rron Rexha, founder and CEO of Arca, and former product leader at Plaid, stated: "Everyone deserves the peace of mind that your advisor sees you, hears you, and intimately understands the entirety of your financial ecosystem. We want every client to feel like the only person in the room because of our unparalleled service and white-glove anticipation. Arca empowers our advisors to cultivate the level of client relationships and trust required to serve as capable and caring financial stewards, while eradicating the most cumbersome aspects of wealth management through our AI-native infrastructure. We give our advisors the conditions to do their best work, so they can focus on what only they can do: being there for their clients."
Alex Tran, managing director at General Catalyst, commented: "At General Catalyst, we're always excited to back founders and initiatives that tackle complex problems that aim to redefine entire industries. Arca's approach empowers advisors by eliminating operational friction while elevating the human connection at the center of great wealth management, and we couldn't be more excited to support this mission."
Nick Beim, Partner at Venrock, added: "Rron and Arca are on the cusp of something revolutionary in wealth management. It's exciting to support such a forward-thinking venture. Arca has immense potential to improve client outcomes and fundamentally change the scalability of the wealth management enterprise."
Jahanvi Sardana, partner at Index Ventures, stated: "Wealth management is one of the last places where technology has barely moved in twenty years, while the customer has changed completely. Rron understands that gap better than anyone we've met – Arca is being built for how people actually want to manage their money."
Bill McNabb, former CEO and chairman of Vanguard Group, shared: "Rron understands that AI can help power the mechanics behind wealth management – but the financial advisor is ultimately the driving engine. The role of the advisor is paramount, and it's what creates real, long-lasting impact. AI can help us do our jobs better, but it will never supplant the humanity of this profoundly personal profession. Arca uniquely balances embracing AI while empowering advisors as our true financial custodians."
Morgan Housel, author of The Psychology of Money, added: "We tend to think about money as all about numbers. That's part of it, but our finances – and how we manage them – are actually much more so rooted in behavior. Rron devised Arca with this nuance at the forefront. It frees up financial advisors to carry the responsibility of overseeing and protecting the full ecosystem of someone's wealth, and all of the emotional complexities accompanying it – ambition, pride and fear included."
About Arca
Arca is a pioneering, AI-native wealth management company redefining how advice is delivered by pairing expert advisors with purpose-built AI to offer proactive planning, personalized intelligence, and an outstanding client experience, with human relationships at the center. The brainchild of an immigrant from Kosovo and fintech product leader at Plaid, Arca was built surrounded by industry titans in wealth management. Its board members and advisors include Bill McNabb of Vanguard, Jason Wenk at Altruist, Morgan Housel, the bestselling author of The Psychology of Money, Peter Crawford of Charles Schwab, Alex Tran and Nat Levy-Westhead at General Catalyst, and Nick Beim at Venrock.
