Arc Labs is an early-stage credit fund based in San Francisco that provides debt capital to venture-backed, technology-enabled startups, particularly in fintech. Founded in 2018, the firm closed its first fund at $32 million and targets companies before they can access traditional credit products like bank lines or venture debt.
83% of their portfolio is in Fintech. Their most common stage is series-a (50% of deals). Average disclosed round size is $22.7M (across 4 rounds with reported amounts).
Portfolio
5
Fund Size
$32M
Top Stage
Series A
Last 12 Mo
0
Team
Francis "Frank" Shih
Managing Partner
James Sagan
Managing Partner
Travis Foxhall
Venture Partner
Pablo Ricaud
Vice President
Valentina Valencia
Senior Associate
Gustavo Chavero
Sr. Finance Manager
Francis Shih
Co-Founder and Managing Partner
Portfolio Breakdown
Stage Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Klar | Seed | — | Mar 2022 |
 Aspire Digital Card | Series A | $32.5M | Jul 2019 |
 Aspire | Series A | $32.5M | Jul 2019 |
 PayJoy | Series B | $20M | Nov 2018 |
| Aspire Digital Card | Series A | — | — |
 Creze | Unknown | $5.7M | — |
Top Co-Investors
Last updated: 7 October 2026