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Debt & Specialty Finance
arcadiafunds.com

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Investments

9

Funds

1

About Arcadia Funds

Arcadia is a creator and manager of investment funds focused on P2P/Marketplace lending and insurance-linked securities.

Arcadia Funds Headquarter Location

20 Mall Road Suite 420

Burlington, Massachusetts, 01803,

United States

781-418-1033

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Latest Arcadia Funds News

11:00 EDT OppZo Raises $260M in Funding to Drive Capital to Distressed Communities

Jun 30, 2022

News provided by Share this article Funding backed by Arcadia Funds MIAMI, June 30, 2022 /PRNewswire/ --  OppZo , Inc. a mission driven financial technology company focused on unlocking access to capital for small and medium sized businesses, announces over $260M in debt and equity funding. The equity portion of the funding, worth $5M, was led by Arcadia Funds, LLC. The debt portion of the funding, worth $255M, was led by Arcadia Funds. Leveraging OppZo's proprietary AI-driven origination and servicing platform, SMBs focused on government contracting can finally access working capital in a cost-effective and operationally efficient way. OppZo is assisting in the revitalization of distressed communities across the United States by offering a new transformative impact asset class to institutional investors. OppZo's platform provides institutional investors with the opportunity to gain an attractive risk-adjusted return that has a positive and sustainable social and economic impact on the funded communities. "We built OppZo with one mission in mind: to help build thriving communities," said Warren Reed, Co-Founder & CEO, OppZo. "Every business owner needs access to capital on terms that are fair and affordable. We understand first hand the impacts of disparity in funding, and we're delivering the optimal solution to the market." "Our top priority is supporting the communities we serve and seeing them thrive, '' said Randy Garrett, Co-Founder & President, OppZo. "We are building an ecosystem that drives both public and private capital to businesses in these distressed communities, and we do so by focusing on building relationships and understanding first." The funding from Arcadia Funds will enable OppZo to continue connecting small businesses to public and private capital sources, so they can grow their business, ultimately creating jobs. "OppZo is solving the conundrum the financial services industry has long faced: how do we pursue impact without sacrificing a sustainable business model?" said Andrew Hallowell, Managing Director at Arcadia Funds, LLC. "Arcadia Funds is proud to welcome OppZo to our portfolio and help achieve its mission of providing access to capital while helping to build a new era of wealth generation for small businesses and distressed communities." For more information on OppZo, visit https://www.oppzo.com . About OppZo OppZo is a financial technology company that makes affordable asset based working capital loans available to small to medium sized businesses (SMB) in Opportunity Zones, which are economically-distressed areas of the U.S. that investors can earn a tax benefit when they are invested in. OppZo funds SMBs through its investors and balance sheet partners, which offers a new transformative impact asset class to provide investors with a risk-adjusted return that has a positive and sustainable social and economic impact on the communities funded. About Arcadia Funds, LLC Arcadia Funds, LLC is a registered investment manager focused on identifying, partnering with and providing balance sheet capital to fintech and specialty finance originators. Since its inception in 2012, Arcadia-advised entities have purchased over $5.5 billion of unsecured consumer loans, secured and unsecured small business loans and secured specialized auto loans. For more information about Arcadia Funds, please visit www.arcadiafunds.com . SOURCE OppZo, Inc.

Jun 30, 2022
OppZo Grabs $260M

Arcadia Funds Investments

9 Investments

Arcadia Funds has made 9 investments. Their latest investment was in OppZo as part of their Seed on June 6, 2022.

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Arcadia Funds Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/30/2022

Seed

OppZo

$5M

No

1

6/30/2022

Debt

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$99M

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10

2/17/2022

Series A

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$99M

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10

12/6/2021

Debt

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$99M

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10

7/13/2021

Line of Credit - II

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$99M

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10

Date

6/30/2022

6/30/2022

2/17/2022

12/6/2021

7/13/2021

Round

Seed

Debt

Series A

Debt

Line of Credit - II

Company

OppZo

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Amount

$5M

$99M

$99M

$99M

$99M

New?

No

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Co-Investors

Sources

1

10

10

10

10

Arcadia Funds Fund History

1 Fund History

Arcadia Funds has 1 fund, including AF Specialty Finance Partners.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/17/2019

AF Specialty Finance Partners

$25M

1

Closing Date

1/17/2019

Fund

AF Specialty Finance Partners

Fund Type

Status

Amount

$25M

Sources

1

Arcadia Funds Team

2 Team Members

Arcadia Funds has 2 team members, including current Founder, Managing Director, Jonathan Green.

Name

Work History

Title

Status

Jonathan Green

Founder, Managing Director

Current

Andrew W. Hallowell

Arcadia Partners, Industrial Capital Group Inc., and Brown Brothers Harriman

Founder, Chief Executive Officer, Managing Director

Current

Name

Jonathan Green

Andrew W. Hallowell

Work History

Arcadia Partners, Industrial Capital Group Inc., and Brown Brothers Harriman

Title

Founder, Managing Director

Founder, Chief Executive Officer, Managing Director

Status

Current

Current

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