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Financial Advisory  + RIAs & Financial Advisors  + Wealth Management  | 
AI-native Wealth Manager Arca Exits Stealth with $64M

AI-native Wealth Manager Arca Exits Stealth with $64M

Arca, an AI-native wealth management firm that has operated in stealth since its founding, emerged publicly with $64 million in total funding and more than $1 billion in client assets already under management. General Catalyst led the $48.5 million Series A, with participation from Index Ventures and Venrock — which also led Arca’s earlier $15.5 million seed round.

The firm, which employs 28 people across wealth management, product, and engineering, is built around a model that combines human financial advisors with AI infrastructure designed to absorb the administrative work that typically consumes advisor time. The goal is to let advisors focus on client relationships and financial planning while the platform handles manual, repetitive tasks behind the scenes.

“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,” said Rron Rexha, founder and CEO, Arca.

Rexha previously led product at Plaid, the financial data infrastructure company. Arca will use the new capital to grow its client base, expand its advisory team, and continue developing its platform and brand. The firm’s emergence reflects growing investor appetite for wealth management models that use AI to scale personalized advice without sacrificing the human relationships that remain central to high-net-worth client retention.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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