About Archer
Archer is a company based in Berwyn (United States) founded in 2000 was acquired by BNY Mellon in September 2024. It operates as a SaaS (Software-as-a-Service) and Managed Services. Archer has raised $12.51 million across 2 funding rounds from investors including LLR Partners, NewSpring Capital and BNY. Archer offers products and services including Investment Management Solution and Middle Office Platform. Archer operates in a competitive market with competitors including Addepar, Altruist, InvestCloud, sei and Avaloq, among others.
- Headquarter Berwyn, United States
- SectorsTechnology
- Website archerims.com
- Social LinkedIn X
- Acquired by BNY Mellon (Sep 2024)
- Total Equity Funding$12.51M (USD)
in 2 rounds
- InvestorsLLR Partners
& 2 more
- Acquired byBNY Mellon
(Sep 2024)
Products & Services of Archer
Archer offers a comprehensive portfolio of products and services, including Investment Management Solution and Middle Office Platform.
A comprehensive solution for investment management operations.
Platform supporting portfolio management and investor needs.
Funding Insights of Archer
Archer has successfully raised a total of $12.51M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.51M
- Total Rounds 2
- First Round $12.51M
(Oct 2014)
- Investors Count 2
All 2 funding rounds of Archer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | – | Private Equity Round | – | LLR Partners | – |
| Oct 2014 | $12.51M | Private Equity Round | – | – |
3 investors in total: 3 institutional.
Investors in Archer
Archer has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include LLR Partners, NewSpring Capital and BNY.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in technology and healthcare businesses for growth capital. | – | llrpartners.com | - | |
Investment firm focusing on lower-middle market growth, healthcare, and various strategies. | – | newspringcapital.com | - | |
BNY is recognized as a global financial services provider. | 1784 | bnymellon.com | New York, United States |
Investor details for Archer
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Archer
19 people are tracked at Archer (10 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Matthew M. Caulfield | EVP & Chief Revenue Officer | Leadership |
Ted Pastva, Jr. | Chief Financial Officer | Leadership |
Bryan J. Dori | Managing Director | Leadership |
Jessica Frost | SVP & Head of Client Experience | Leadership |
Amy Lieb | Head of HR | Leadership |
Robert G. Lage | EVP & Global Head of Product & Technology | Leadership |
MacKenzie Dayke | Senior Vice President Relationship Management | Leadership |
Adam Yee | Senior Vice President | Leadership |
Mark Patterson | Chief Information Officer | Leadership |
Mandi Marcolina | Head of Relationship Management | Leadership |
John Cushing | SVP, Service Delivery | Team |
Alex J. Rigolizzo | Svp, Account Executive | Team |
Jon Anderson | SVP, Senior Business Analyst | Team |
Jeff Buckley | Account Services Manager | Team |
Bill Wright | EVP, Service Delivery | Team |
Bill O’Toole | SVP & Senior Account Executive | Team |
Jovanni Waters | Client Service Specialist | Team |
Albert Chu | SVP, Technology | Team |
Terique Mason | Senior Associate | Team |
Complete people profiles for Archer
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Archer
4 dated milestones of Archer across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Archer is founded.
- Funding First funding round of $12.5M.
- Funding Latest funding round, Private Equity Round,.
- Exit Acquired by BNY Mellon.
Competitors of Archer
Archer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Addepar, Altruist, InvestCloud, sei and Avaloq, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| addepar.com | 2009 | Mountain View, United States | $759.1M | 560 | Wealth management solutions are delivered for investment advisors. | |
| altruist.com | 2018 | Los Angeles, United States | $601.5M | 169 | Portfolio management software for financial advisors | |
| investcloud.com | 2010 | West Hollywood, United States | $78.73M | 373 | Investment management software is provided for advisors and institutions. | |
| seic.com | 1968 | Oaks, United States | – | 5,061 | Wealth and investment management solutions are offered to institutional investors. | |
| avaloq.com | 1985 | Zurich, Switzerland | $301.11M | – | Cloud-based solutions for financial institutions are provided by Avaloq. | |
| 360.one | 2008 | Mumbai, India | – | 65 | Asset and wealth management software is provided for businesses. | |
| onevest.com | 2021 | Calgary, Canada | $38.75M | 90 | No-code platform for wealth management is provided by OneVest. | |
| broadridge.com | 2007 | New York, United States | – | 14,600 | Cloud-based accounting and financial management solutions are offered to businesses. | |
| envestnet.com | 1999 | Berwyn, United States | – | 1,342 | Cloud-based solutions are offered for wealth management and financial advising. | |
| milessoft.com | 1999 | Mumbai, India | $8.54M | 210 | Back-office solutions are offered to wealth managers and financial institutions. |
Detailed competitors of Archer
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Archer
The website of Archer (archerims.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 54.6% vs previous month
Latest news on Archer
Complete news archive for Archer
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Archer
10 companies that operate in the same segment as Archer (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Archer
Archer was founded in 2000 and raised its 1st funding round 14 years after it was founded.
Archer is headquartered in Berwyn, United States. It is registered at Berwyn, Illinois, United States.
Archer is a funded company, having raised a total of $12.51M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $12.51M, raised on Oct 2014.
Archer is known for delivering comprehensive middle office solutions to investment managers. Services are provided to institutional, private wealth, and retail investors. The platform is designed to streamline operations, expand distribution, launch new products, and support personalization at scale. Technology-enabled professional services are offered to simplify every stage of the investment lifecycle. Recognition has been received for scalable platforms and industry-leading innovations in the financial sector.
Archer offers Investment Management Solution and Middle Office Platform.
Archer has 3 investors. Key investors include LLR Partners, NewSpring Capital, and BNY.
Yes. Archer was acquired by BNY Mellon in September 2024.