Arches Capital, an Amsterdam-based angel syndicate comprising 100 business angels, has officially launched its Fund I, achieving a first close of €17.5M towards a target of €20M. The fund, supported by angels within the syndicate — dubbed Archangels — and other investors including informal investors and family offices, operates as a ‘side-car fund’ to the Angel syndicate, investing jointly in high-potential startups.
Arches Capital plans to use this fund to make 20 to 25 new investments and participate in follow-on rounds, having already invested in startups such as TheyDo, Wezoo, Appjection, Costperform, and Runnr.ai. The firm targets B2B software entrepreneurs, offering initial investment ticket sizes ranging from €250K to €1M.
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Bridging the Gap Between VCs and Angels
Led by Frank Appeldoorn, Diederik Stolk, and Lotte Smit van Ditshuizen, Arches Capital aims to bridge the gap between formal and informal investors by providing professional investment strategies, personalized support, and mentorship. “We are better positioned to support our portfolio companies from the first investment to a successful exit,” says Appeldoorn.
Arches Capital focuses on early-stage companies ready for rapid scaling, investing not only in the first round but also in subsequent follow-on rounds. The group has a track record of more than half of its invested startups attracting subsequent follow-on rounds.
Specializing in B2B (or B2B2C) software companies in the Benelux region, Arches Capital is open to investing in teams with compelling and differentiating products across diverse sectors within the B2B Software space, thanks to the diverse backgrounds of its Angels.
With the launch of Fund I, Arches Capital is set to further its mission of supporting entrepreneurs building B2B software companies, guiding them from initial investment to successful exits, and accelerating their growth.
