Arcus, the fintech platform for financial institutions to manage their customer’s liabilities and data, has raised $1.7M in additional funding according to a recent SEC filing. The total offering in the filing is for $2.68M and seven investors participated in this first close. Founded by Edrizio De La Cruz, Inigo Rumayor Belausteguigoitia, and Juan Jose Maldonadoin in 2013 as Regalii, but the company rebranded to Arcus last year. Founded in Y Combinator in 2013, the company has now raised a total of $15.6M in reported equity funding over six rounds. Investors in previous rounds include Y Combinator, FundersClub, Alumni Ventures Group, Kapor Capital, Alexis Ohanian, Total Access Fund, Fenox Venture Capital, Maverick Ventures, Kevin Moore, Winklevoss capital, Capricorn Venture Partners, Investo, Click Ventures, IGNIA, Chestnut Street Ventures, Bill Lee, Select Venture Partners, HOF Capital, Avalancha Ventures, Citizen.VC, GP Ventures, Enlaces, Chilango Ventures, Jared Slosberg, Banco Itau, Jed Cullen, and Tycoon Capital.
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