TLDR:
Arches Corporation, a Japan-based provider of knowledge-sharing services, announced that it has raised an additional 410 million yen ($2.6 million) in funding. The total funds raised now amount to 640 million yen ($4.06 million). The company plans to use the funds to expand its existing services and develop new businesses, such as the “Expert Knowledge Bank” database service. Arches aims to democratize knowledge, expand its client base to corporates and financial institutions, and eventually become a global human resource sharing platform. The company also plans to increase content, utilize AI technology, and expand its geographic coverage in order to achieve its mission.
Arches has a database of over 100,000 experts mainly in Asia and operates in multiple locations globally. The company’s services, particularly the “Expert Matching” service, are favored by a wide range of clients seeking highly specialized knowledge. The newly launched “Expert Knowledge Bank” aims to make expert knowledge more accessible and less expensive for customers. Investors believe that Arches has significant potential for business development and international growth. With its unique business model and experienced management team, Arches is poised for future success in the competitive marketplace.
Key Points:
- Arches Corporation raises $2.6 million in additional funding for expansion
- The company plans to use the funds to expand existing services and develop new businesses, such as the “Expert Knowledge Bank”
