Arch

2024 was a year! Our mission remains unchanged: empowering you to unlock the full value of your private markets (and hedge fund) investments. Here are a few highlights from the past 12 months: We rolled out new products, including ai Summaries, Arch Search, Wire Verification, and Financial Visualizations — all aimed at reducing manual work and improving our clients’ ability to understand their private investments. We grew from serving $65 => $170B in client alternative assets. We added 130 (+1 this morning) new clients across banks, family offices, investment advisors, accounting firms, fund administrators, foundations, and other institutions. And we added 48 new team members. As a company – we’re most proud of the team we’re building; a team that is equipped to educate, onboard, and serve our clients, to consistently meet and exceed their (deservingly) high expectations. Click through for a rundown of some of things we accomplished in 2024. Here’s to many more in 2025. - Ryan

Financial services has a data problem. Despite data serving as the cornerstone of every decision, many institutions are grappling with legacy infrastructures, fragmented systems, and inconsistent data practices. Simultaneously, the industry is reaching a breaking point catalyzed by regulation, AI, and personalization. “The cost and complexity associated with managing diverse data across the organization is overwhelming,” says Ralph H Groce III, Former CIO at Wells Fargo. New, industry-specific AI and data companies are stepping in to address these challenges, offering innovative solutions that streamline operations and set new industry standards. In this investor POV, Principal Nicole Shimer and Elan Arnowitz explore: 📊 The data complexities confronting financial institutions 🔍 The transformative impact of AI on data management and decision-making 📈 How emerging companies are pioneering advancements in financial services 💬 Insights and advice from our conversations with industry leaders Discover how these innovations are reshaping the financial landscape: https://lnkd.in/eDDbT-iu #FinancialServices #AI #DataInnovation #RegTech #FinTech

At Menlo Ventures, we’ve witnessed the enterprise AI landscape transform at breakneck speed. Generative AI, once a frontier technology, is now a foundational business tool driving real-world impact across industries. Our latest report, The State of Generative AI in the Enterprise, highlights key insights and trends: 🚀 AI Spending Takes Off Enterprise AI spending surged to $13.8 billion in 2024, up from $2.3 billion in 2023—a testament to the shift from pilot projects to production-grade implementations. ⚙️ Top Use Cases Driving ROI From code copilots and chatbots to enterprise search and meeting summarization, generative AI is transforming workflows and boosting productivity. 📈 Applications and Infrastructure on the Rise The application layer saw $4.6 billion in investment this year, while the modern AI stack continues to evolve with multi-model strategies, RAG, and agentic architectures. These shifts aren’t just theoretical—they’re tangible, transformative, and happening now. Across our portfolio—companies like Anthropic, Benchling, Eleos Health, OpenSpace, Harness, Pinecone, Typeface, Vilya, and Xaira Therapeutics —we’re seeing the impact of AI on industries from healthcare to manufacturing, security, and beyond. At Menlo, we backed the infrastructure that made this possible. Now we're doubling down on applications that will reshape entire industries. The opportunity to build transformative AI companies has never been better. For more details on what is happening in AI, where the industry is headed, and three predictions for what happens next, read: https://lnkd.in/grj-_bYD Authored by Tim Tully, Joff Redfern, and Derek Xiao with a little bit of help from Claude Sonnet 3.5 #AI #GenerativeAI #EnterpriseAI #VentureCapital #MenloVentures

Thank you, Francois Botha, for including us in your 2024 family office software solutions list for Forbes! Read more here: https://lnkd.in/g9ePAP5R