How Much Did Archon Raise?
Funding & Key Investors

Archon has secured $150K in total financing, with its most recent funding round bringing in $150K in a major strategic investment. This significant capital infusion positions the company for continued expansion within the competitive ancillary benefits market.

What is Archon?

Archon
InsuranceBusiness ServicesHuman Resources Management Systems (HRMS)

Archon Benefits operates as a full-service General Agency, specializing in providing a premier suite of Ancillary Group Benefit Solutions. The company is dedicated to empowering its broker partners through innovative technology, extensive resources, and robust support. By fostering strong relationships and leveraging decades of industry experience, Archon offers a competitive edge in the ancillary benefits sector, facilitating streamlined and enhanced benefit offerings for brokers of all sizes. Their services encompass a broad spectrum of benefit administration options and access to a network of leading insurance carriers.

How much funding has Archon raised?

Archon has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Archon?

The recent major strategic investment signifies a pivotal moment for Archon, indicating a strong market validation and a clear path for accelerated growth. This capital is expected to fuel further development of their technological infrastructure, expansion of their broker support services, and potentially broaden their network of insurance carrier partnerships. As Archon continues to scale, its focus on empowering brokers will likely remain central, solidifying its position as a key player in the ancillary benefits landscape.

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Frequently Asked Questions Regarding Archon Financial Insights

What are the most recent funding rounds that Archon has completed, and what were the funding rounds?
Archon has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Archon has raised to date?
Archon has raised a total of $150K in funding to date.
How many funding rounds has Archon completed?
Archon has completed 1 funding rounds.
How much funding did Archon raise in its most recent funding round?
Archon raised $150K in its most recent funding round.
Who are the lead investors in Archon's latest funding round?
The lead investor in Archon's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Archon's history?
The largest funding round in Archon's history was $150K.
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