Archer is a technology-enabled service provider in the investment management sector. The company offers a comprehensive middle office solution that helps investment managers streamline operations, launch new products, and expand distribution. Archer primarily serves the financial services industry. Archer was formerly known as Market Street Advisors. It was founded in 2000 and is based in Berwyn, Pennsylvania.
Expert Collections containing Archer
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Archer is included in 2 Expert Collections, including Capital Markets Tech.
Capital Markets Tech
Companies in this collection provide software and/or services to institutions participating in primary and secondary capital markets: institutional investors, hedge funds, asset managers, investment banks, and companies.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Archer News
Nov 14, 2023
3 minute read CALABASAS, Calif.–(BUSINESS WIRE)– $MMI #apartmentmentinvestments — Marcus & Millichap (NYSE:MMI) , a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today a strategic partnership that includes an equity investment and commercial relationship with Archer , a venture-backed real estate technology company. Richard Matricaria, Marcus & Millichap’s chief operating officer, Western Division, stated: “Our relationship with Archer is one of the ways we continue to stay on the leading edge within the proptech space. We value Archer’s technology and the strategic benefits they provide our brokers and clients and took the opportunity to expand our partnership with an equity investment.” Archer has developed a comprehensive commercial real estate software platform that accelerates market analysis, deal sourcing, and underwriting activities. It leverages machine-learning algorithms to better parse property financials such as rent rolls and operating statements and consolidate data from a multitude of sources to be able to provide immediate performance metrics for multifamily real estate assets nationwide. The platform allows brokers to accelerate the market analysis and underwriting processes for clients. “Combining our market-specific data and underwriting tooling with Marcus & Millichap’s 52-year history of technological innovation and market research is part of our mission to make real estate transactions more efficient through better data, technology, and local expertise,” said Thomas Foley, Archer’s cofounder and CEO. “Our platform supercharges investment sales professionals by reducing the time required to complete a first underwriting from days to minutes. This gives brokers and their investor clients more time to spend on important analysis to achieve their long-term strategic goals of winning more deals.” Founded in 2019, San Francisco-based Archer recently expanded its underwriting platform from multifamily to student and affordable property types and plans to launch other property types including retail, office, industrial, and hospitality in 2024. The company provides software tools via a web-based application and directly in a client’s Excel model, training sessions and on-demand support. “Marcus & Millichap’s history of adapting the benefits of emerging technologies to serve commercial real estate investors aligns with Archer’s predictive analytics and investor-centric approach,” said Matricaria. “As a customer and also an investor in Archer, we look forward to extending the benefits of this strategic partnership to our brokers and clients.” About Marcus & Millichap, Inc. (NYSE: MMI) Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2022, the company had 1,904 investment sales and financing professionals in 81 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. For additional information, please visit www.MarcusMillichap.com . About Archer Archer is a real estate technology firm that helps investors, lenders, and brokers throughout their acquisition and transaction process. The firm’s data-driven, AI-powered platform enables real estate professionals to analyze markets, source on and off-market deals, and underwrite properties with one click. Using Archer’s technology, firms can go from strategy creation to execution in a fraction of the time. Learn more at www.archer.re . Contacts
Archer Frequently Asked Questions (FAQ)
When was Archer founded?
Archer was founded in 2000.
Where is Archer's headquarters?
Archer's headquarters is located at 801 Cassatt Road, Berwyn.
What is Archer's latest funding round?
Archer's latest funding round is Private Equity - II.
How much did Archer raise?
Archer raised a total of $13.95M.
Who are the investors of Archer?
Investors of Archer include LLR Partners, NewSpring Capital, Lancaster Investment Partners and Ballyshannon Partners.
Who are Archer's competitors?
Competitors of Archer include Orchard Platform.
Compare Archer to Competitors
Orchard Platform is a technology and infrastructure provider for marketplace lending. Orchard supports operational efficiencies to help institutional investors, investment managers and loan originators connect and transact. Founded in New York City in 2013, Orchard's mission is to build the systems that will allow marketplace lending to efficiently grow into a global financial market. Orchard enables institutional investors and investment managers to allocate capital to marketplace lending, with best practices, manager identification, portfolio benchmarking and strategic access to supply. Orchard helps originators across multiple asset classes diversify their capital structure with marketplace lending distribution, and provides market insights, scalable infrastructure and reporting to enable originators to focus on making loans and giving borrowers more choices.