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ARC the Community has raised $5.0M across 1 funding round.
Key people at ARC the Community.
ARC the Community was founded in 2021 by Kiat Lim (Founder).
ARC the Community has raised $5.0M in total across 1 funding round.
ARC the Community is a Singapore-based private networking organization that operates an exclusive, app-based Web3 club connecting traditional business leaders, influencers, and creatives with emerging technology builders. The platform utilizes non-fungible tokens for strict membership authentication, generating its primary revenue through the sale of these digital passes alongside recurring community access fees. Operating with a strictly capped membership model, the organization curates a restricted digital and physical network of Asian entrepreneurs, venture capitalists, and high-net-worth individuals to facilitate the collaborative co-creation of new commercial ventures. To support its ongoing expansion across the Asian market, the enterprise has secured financial backing from prominent regional investors, including venture capital firm K3 Ventures and angel investor Royston Tay. ARC the Community was founded in 2022 by Elroy Cheo, Kiat Lim, Linus Zheng, Julian Peh, and JJ Lin.
Key people at ARC the Community.
ARC the Community has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in August 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2024 | $5M Seed | — | Formless Capital, Hack VC, Polygon Labs, Alex Pack | Announced |
ARC the Community was founded in 2021 by Kiat Lim (Founder).
ARC the Community has raised $5.0M in total across 1 funding round.
ARC the Community's investors include Formless Capital, Hack VC, Polygon, Alex Pack.
ARC the Community is a members-only, app-based Web3 community platform based in Singapore, utilizing NFTs as proof of membership to connect influential change-makers across Asia in sectors like technology, finance, and social impact.[1][5][6] Its mission centers on fostering exclusive collaboration, incubating transformational projects, and driving innovation toward a sustainable future by enabling members to share ideas, host events, and form partnerships.[1][5] With a recent $5 million funding round, ARC is expanding its platform features, technological tools, and high-profile events to amplify community-driven solutions to global challenges.[1]
ARC impacts the startup ecosystem by creating a gated network for high-caliber individuals, catalyzing collaborations that bridge Web3 technologies like digital identity with real-world applications in community building and innovation.[1][6] This positions it as a hub for non-dilutive growth through networking, rather than traditional venture capital, emphasizing collective expertise over individual investments.[1][5]
Founded in 2021 in Singapore, ARC the Community emerged as a Web3-native solution to redefine exclusive networking in Asia, leveraging NFTs for secure, verifiable membership access via its mobile app.[5] The platform's backstory revolves around addressing the need for a private space where top influencers in tech, finance, and social impact could collaborate beyond public forums, evolving from a niche NFT-gated group into a broader incubator for projects.[1][5][6]
Key pivotal moments include its August 2024 community round raising $4.5 million (with a confirmed $5 million milestone shortly after), marking a shift toward scaled expansion with enhanced app features, events, and partnerships.[1][5] This funding fueled technological advancements and solidified its role as a connector of Asia's change-makers, humanizing Web3 by tying digital tokens to tangible, high-impact interactions.[1]
ARC rides the Web3 community-building trend in Asia, where NFT adoption for digital identity and gated networks addresses fragmentation in decentralized ecosystems amid rising demand for trusted collaboration spaces.[1][5][6] Timing aligns with Asia's Web3 boom—post-2021 NFT hype and 2024 funding resurgence—capitalizing on market forces like regulatory clarity in Singapore and growing interest in impact-driven tech.[1][5]
It influences the ecosystem by democratizing access to elite networks for startups, fostering non-traditional incubation through member-led projects in tech and finance, and bridging Web3 with real-world sustainability efforts, thus amplifying Asia's voice in global innovation.[1]
ARC's trajectory points toward deeper Web3 integration, with funding enabling advanced tools for digital identity, event platforms, and cross-sector partnerships, potentially scaling membership to thousands while hosting global workshops.[1] Trends like AI-enhanced community tools and NFT evolution into utility tokens will shape its growth, evolving its influence from Asia-focused incubator to a model for worldwide impact networks.[1][6]
This builds on its core strength—harnessing exclusive collaboration for sustainable progress—positioning ARC to redefine how Web3 communities drive startup innovation beyond mere speculation.[1][5]
