Arc Secures $10.76 Million Seed Funding Led By Andreessen Horowitz For AI Drive-Thru Platform

Arc raised $10.76 million in Seed funding, led by Andreessen Horowitz, with participation from Adverb Ventures, Broadway Restaurant Group, LLC, United Talent Agency, Sarah Friar, Saumil Mehta, Henry Delouvrier, Mike G, and Josh Schwarzapel. The funding aims to help local businesses modernize their drive-thru operations through AI technology.

Summary of transaction details:

• Deal Type: Seed
• Transaction Amount: $10,760,000
• Company: Arc
• Founders: Ali Hussain & Michael MacLennan
• Headquarters: San Francisco, California
• Notable Investors: Andreessen Horowitz, Adverb Ventures, Broadway Restaurant Group, LLC, United Talent Agency, Sarah Friar, Saumil Mehta, Henry Delouvrier, Mike G & Josh Schwarzapel

Arc, co-founded by Ali Hussain and Michael MacLennan, focuses on enhancing hospitality and streamlining operations for locally owned franchise operators through its AI-powered drive-thru platform. The funding will help improve customer and employee experiences in fast-food services.