HV Capital invests $10M in Archlet's Series A

HV Capital invests $10M in Archlet's Series A

Today, we have the great honor of announcing that Archlet has successfully closed a $10M Series A funding round that will fuel and accelerate our growth journey even further. This round would not have been possible without the incredible team at HV Capital and the support and sparring from our existing investors. Additionally, we look forward to welcoming our new business angel, Matthias Hilpert, who will assist with strategic advice and action planning.

While the pace at Archlet is higher than ever before, we have taken a moment to reflect on our crazy journey. Since we founded Archlet two years ago, we have been on an incredibly satisfying and humbling adventure with many ups and downs, and, as a team, we have learned something valuable from every one of them. In 2021, our customer base has grown like never before, our dreams, goals, and visions have followed. It is this entrepreneurial spirit that makes the A-Team so exceptional, and we are very proud to be part of this crew.

Every day, the team works hard to get us closer to our vision of seamlessly connecting buyers and suppliers in the global supply chains. And every day, our user experience becomes better and even more intuitive. We are already well on the way, but with our additional funding, we are another step closer to offering a powerful end-to-end sourcing experience that can be used by any buyer in any organization.

We would like to give a special thank you to the team. Without all you amazing individuals working towards our shared vision, we would not be where we are today. Together, we will continue to grow and make Archlet the best and most open-minded organization.

Thinking about how fast we have achieved all of this, we can’t help but wonder how far we will have come within the next two years.

As a final remark, we would like to thank our current investors, friends, and families for always supporting us and believing in Archlet.

Happy sourcing & stay tuned.

Jakob, Lukas & Tim