Mary Ann Azevedo / TechCrunch:
Arc, which offers debt funding and digital banking services to SaaS startups, raised a $20M Series A, after raising an $11M seed and $150M debt in January 2022 — Arc, a company that aims to give SaaS startups “a way to borrow, save and spend” in one place, has raised $20 million in a Series A round of funding.