Apr 13, 2022
Arc, a Stripe Partner, Launches Runway, to Help Software Founders Grow as Venture Capital Markets Pull Back
Arc, the full-service finance platform for software startups, launches Runway by Arc to help founders weather a volatile macro environment. As VCs and boards are encouraging already funded startups to shore up additional capital and rein in burn to extend runway until deal flow returns, Runway utilizes Arc’s proprietary ML-enriched underwriting algorithm to analyze net cash burn and cash on hand. Within 24 hours, founders are provided flexible, low-cost capital with zero dilution or debt, enabling continued operations and financial stability during volatility.
