ARC Raises $60 Million in Growth Funding
ARC, a company headquartered in Philadelphia, Pennsylvania, specializing in mobile device management, has announced a $60 million growth investment. The funding round, which took place on September 9, 2026, was led by Acadia Investment Partners.
Company Overview
ARC provides a secure, self-service kiosk solution that enables employees to quickly access the mobile devices they need. The platform is designed to help organizations efficiently manage and optimize the handheld technology used by their frontline workforce, thereby reducing operational inefficiencies.
Use of Funds
The newly secured funds will be directed towards accelerating the commercial expansion and innovation of ARC's platform. This includes enhancing their services across various sectors such as retail, supply chain, logistics, grocery, airline, and warehousing environments. The company aims to address the operational challenges of managing handheld devices, which include issues like lost or damaged equipment and underutilized devices.
Leadership and Vision
Douglas Baldasare, CEO and Founder of ARC, has been instrumental in driving the company's vision to close the operational gap in device management. While specific comments from Baldasare on this funding round were not available, the investment indicates strong confidence in ARC's growth trajectory.
Future Plans
With this investment, ARC plans to further develop its intelligent, self-service device storage solutions combined with cloud-based software and data analytics. These enhancements are expected to improve device utilization and operational savings for their clients.
The growth investment from Acadia Investment Partners underscores the potential of ARC's platform in transforming frontline asset management technology.