About Arro
Arro is a company based in Los Angeles (United States) founded in 2022 by Luke Pelullo. It operates as a FinTech and Freemium. Arro has raised $10 million across 1 funding round from investors including Crosslink Capital, Bling Capital and BAM Ventures. Arro offers products and services including Arro Card, Arro App, and Artie AI Money Coach. Arro operates in a competitive market with competitors including Mission Lane, Gauss Money, Sequin, Atlas and TomoCredit, among others.
- Headquarter Los Angeles, United States
- Founders Luke Pelullo
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Arrofi Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Seed
Oct 11, 2022
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Investors
Crosslink Capital
& 4 more
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Employee Count
Not available
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Products & Services of Arro
Arro offers a comprehensive portfolio of products and services, including Arro Card, Arro App, and Artie AI Money Coach.
Credit card offered to build credit with cashback.
App provided for learning credit and financial insights.
AI coach offered for personalized financial support daily.
People of Arro
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Funding Insights of Arro
Arro has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in October 2022. 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.
Investors in Arro
Arro has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Crosslink Capital, Bling Capital and BAM Ventures.
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Venture capital is invested in various sectors by Crosslink Capital.
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Seed funding and product council are provided for early-stage companies.
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Investments in US tech companies are made by BAM Ventures.
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Investor details for Arro
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Investments & Acquisitions by Arro
Investment portfolio details for Arro
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Financial Statements - Arro
Detailed financials for Arro
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Arro Comparisons
Peer comparison for Arro
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Competitors of Arro
Arro 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 Mission Lane, Gauss Money, Sequin, Atlas and TomoCredit, among others.
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Credit builder cards are provided to consumers for credit improvement.
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Provider of solutions based on Artificial Intelligence for improving decision-making in various sectors.
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Financial services are provided to women addressing gender inequalities.
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Credit cards for consumer payments with credit-building features are provided.
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Credit card for consumers
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Detailed competitors of Arro
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Latest news on Arro
Complete news archive for Arro
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Frequently Asked Questions about Arro
Arro was founded in 2022.
Arro is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Arro is a funded company, having raised a total of $10M across 1 funding round to date.
Credit-building tools and financial education are offered by Arro through its credit card and app. Services are designed for individuals seeking to establish or improve credit without hard credit checks. Cashback on purchases like gas and groceries is included. An AI money coach named Artie is integrated for personalized guidance. The platform targets the consumer finance sector with accessible, user-friendly solutions.
Arro's top competitors include Mission Lane, TomoCredit and Gauss Money.
Arro offers Arro Card, Arro App, and Artie AI Money Coach.
Arro has 5 investors. Key investors include Crosslink Capital, Bling Capital, BAM Ventures, Global Founders Capital, and WTI.