Head of Capital Markets, Arc
$250-500k
Offers Equity and Commission
3+ days a week in office
Financing for SaaS startups
Be an early applicant
Financing for SaaS startups
201-500 employees
Be an early applicant
$250-500k
Offers Equity and Commission
3+ days a week in office
201-500 employees
Company mission
To provide a better way for software startups to raise capital without incurring costly dilution and risky debt.
Role
Who you are
- 10+ years experience in capital markets / private credit
- Experience as a vice president or above at a private credit fund or bank, focused on executing private credit transactions
- Ability to “wear multiple hats” as a team player in order to prioritize the dynamic business needs of a high-growth organization
- Exceptional written and communication skills, with an ability to work quickly with little oversight
- A big picture thinker who can execute at the deal level while steering their business unit at a strategic level
- Strong self-management, drive and organizational skills with ownership and pride in your work and ability to juggle multiple projects
- Ability to multi-task in a fast-paced, ambiguous environment is essential
- Ownership mentality, bias for action, highly motivated, strong work ethic
What the job involves
- We’re looking for an experienced Head of Capital Markets to join Arc’s team as we experience high growth
- You will quarterback the Capital function, including building the team and growing platform and deal placement fee revenue
- Manage Capital Lead team to high performance and work product standards
- Hire and train new team members
- Qualify prospective borrower applicants sourced by originations team
- Staff new deals to individual Capital Leads and quarterback all transactions to close
- Ensure team is creating high quality borrower and lender facing presentations
- Expand capital marketplace originations and lender coverage across new verticals
- Cross-sell banking to borrowers
Our take
One of the most exciting and crucial elements of the startup journey is securing financing, often through Venture Capital funding, which allows businesses to scale. However, startups typically face the trade-off of giving up ownership in exchange for capital.
Arc is hailing itself as the future of startup financing by offering debt funding and digital banking services specifically tailored to Software-as-a-Service (SaaS) startups. Instead of giving up equity, users can borrow against their forecasted future earnings, allowing them to retain full ownership of their companies.
It's proving popular too, with Arc boasting over 4k new users in 2023. Along with the company's partnership with Stripe bolstering its reputation, and its focus on the growing SaaS industry positioning it for continued success in a rapidly expanding market.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
Aug 2022
$20m
SERIES A
Jan 2022
$11m
SEED
Total funding: $31m
Company benefits
- Meaningful Impact: As an early employee, you'll influence key strategic decisions, shape the culture, and play a major role in our success. We are flat and lean, so you'll have the opportunity to contribute to every facet of the business
- Coverage Where it Counts: You'll have access to best-in-class medical, dental, and vision coverage and a monthly health and wellness stipend from day one. Mental health resources, learning and development stipends, and more coming soon
- Rest and Recharge: We all perform our best when we feel our best, that's why all Arc-itects receive unlimited PTO, paid holidays, flexible remote work options, and paid parental leave
- Inclusivity at our Core: We currently provide dedicated funding for our affinity-groups and their hosted-events, and we offer bi-weekly volunteering opportunities. We plan to partner with local organizations and build out our site of employee perks and benefits as we develop and mature as an organization
- Commitment to the Community: We recently took the Conscious Culture Pledge. Being a conscious company means that we consciously take action to foster an inclusive and diverse workplace. It starts with our hiring practices, and continues throughout our evolving benefits package
Company values
- Earn Trust – Have unquestionable integrity and honesty. Be transparent and speak up early and often. Deliver on commitments
- Passion – Strive to be the best and constantly improve. Don't be satisfied with the status quo. Show up every day with enthusiasm
- Bias for action – Be proactive in solving problems. Feel empowered to make decisions, even at the risk of making a mistake
- Curiosity – Genuinely pursue knowledge. Have humility and recognize there's always more to learn. Value new perspectives
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
Don Muir
(Co-Founder & CEO)Began their career as a Management Consultant for Boston Consulting Group, before entering Private Equity for Onex and Apollo Global Management.
Raven Jiang
(Co-Founder & CTO)Previously a Founding Engineer at Affinity, Inc., and Ubiquity6 Inc. (acquired by Discord). Also worked for Tesla as an Autopilot Software Engineer, then joined Facebook as a Front End Engineer.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
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Diversity, Equity & Inclusion at Arc
- Commitment to community: We recently took the Conscious Culture Pledge. Being a conscious company means that we consciously take action to foster an inclusive and diverse workplace. It starts with our hiring practices, and continues throughout our evolving benefits package.
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