# Arc (YC Alumni)

Build amazing careers from anywhere 🌏 Remote career platform for developers

## Elevator pitch
Arc is a remote career platform for developers everywhere. We make it easier for you to find great remote jobs and build extraordinary careers from anywhere.

- Canonical URL: https://wefunder.com/arc
- Entity ID: wefunder:company:56567
- Last updated: 2026-06-04T05:02:18Z
- Generated at: 2026-06-04T07:25:19Z

## Quick facts
- $3M raised from Techstars, 500 Startups, Fabrice Grinda (Forbes #1 angel investor)
- $3.8M revenue run rate, with new remote recruiting business growing at 470% YOY
- Profitable, 47-person global team remotely distributed in 4 continents
- 900,000+ developers already in our network
- Grew from Codementor, matched 110,000+ pairs of developers from 205 countries, and 200,000+ sessions

## Active fundraises
- wefunder:fundraise:62021: 4(a)(6) open (USD)
- wefunder:fundraise:29709: 4(a)(6) successful (USD)
- wefunder:fundraise:44183: 4(a)(6) successful (USD)

## Story
We believe you deserve an extraordinary career no matter where you live. Remote work means more equal access to opportunities for people all over the world. Where you live no longer determines the organization you work for, who you work with, how much you earn, and your quality of life.We're now entering the work-from-anywhere era. Remote work is the future, opening the door to a world of opportunities. Last year saw the rapid growth in remote working, with companies like Twitter, Dropbox, and more adopting location-independent work for the long run.Yet actually getting hired for a remote job is HARD. The world was built for location-based work.Although this grand possibility exists, finding permanent remote work isn't easy. The remote job search is complicated and tedious. Competition is fierce, with each open role receiving thousands of applicants. And it's hard to get noticed with unfamiliar names of companies and schools on your resume.At Arc, we're making it easier to find remote work. We are a remote career platform that connects great developers with hiring companies. And we're committed to building the most frictionless remote job search and career-building experience.In mid-2021, we're launching Arc 2.0 as a community-driven remote career platform.We help developers find remote work more easily by:Connecting them with remote jobs all in one placeVerifying their technical skills to get hired more quicklyProviding community support to help along the wayThe Arc platform features a powerful new developer job search experience that aggregates 13,000+ remote hiring companies around the web and recommends the ones that you're most likely to receive offers from. This saves developers time by identifying opportunities actually relevant to them.We are also committed to helping developers everywhere build their careers by helping them grow their network and learn from each other's experiences. The Arc community is a space to connect and get advice and support during your job hunt from those who’ve been there and can share their stories.Real lives have already been changed through Arc.We’ve just begun to see the potential of what happens when you can land an awesome job outside of your local area. Developers are no longer forced to leave their family and friends behind and relocate to expensive tech hubs just in pursuit of their careers.Our background – Arc grew out of the world’s largest online developer mentoring platform, Codementor.Launched in 2014, Codementor now has 900,000+ developer members and 26,000+ vetted mentors. As the world's largest platform of its kind, Codementor has connected over 110,000+ pairs of developers from 205 countries for mentorship sessions to date.In 2019, we launched Arc to connect developers with great remote opportunities.Since we had such a strong community of developers with Codementor, moving into the jobs space was a natural fit. So Arc was born: a platform for developers to grow their remote careers. Arc’s official launch in September 2019 was featured in TechCrunch, and steady growth followed.As a team, we've grown into a globally distributed network of 47 people from 11 countries.We hire from all corners of the world, bringing on those who share our vision and are passionate to build the future of work together. We believe diversity and reach are key to help us truly understand global needs and experiences.In 18 months, we've become a profitable company with $3.8M per year net revenue run rate, with our new remote recruiting business growing by 470% in 2020.Our marketplace business model has three main revenue streams:Codementor: We charge mentors a platform fee of 13%-22%Arc Contract: We charge companies a fee of 25%-30% on top of what developers make. We don't charge developers any fees.Arc Recruiting: We charge companies a placement fee of 15%-20% of the developer's annual salaryNet revenue (the amount we earn after paying developers) reached $940K+ in Q1 2021. We have been profitable since March 2020.We’ve raised $3M+ from world-class investors to date.Our investors include Techstars, 500 Startups, WI Harper, FG Angel, Brad Flora (Y Combinator group partner), Fabrice Grinda (The world's #1 angel investor by Forbes), Hung-Tze Jan (Chairman of PCHome), Tim Jackson, Rich Chen (Google), Rolf Maties (Earlybird Ventures), and other industry leaders who are passionate about the future of work space.Join us in helping democratize access to great opportunities globally through remote work. Invest in remote work. Invest in Arc.🔗 Link to recorded Clubhouse pitch night on Startup Club

## FAQ
1. **Is this an investment in codementors AND arc .. or just arc?**
   - This is an investment for the parent company of both Arc and Codementor!
2. **I did not really get what I will get from investing ? Is it just supporting the company to do more or I do get share of the company itself and how is that controlled. Thanks**
   - This is a real investment via SAFE. Please refer to the right-hand side for more information as well as the Wefunder FAQ here: https://help.wefunder.com/#/glossary/contract
3. **Can I invest from Africa??, the financial institutions from Africa are not available in the list of banks that can be added.**
   - Yes! Anyone in the world can invest in our crowdfunding campaign. Wefunder also supports wire transfers and credit cards as well. We will inform everyone before the campaign ends on how to fund your Wefunder account via wire transfer or credit card. Thank you!
4. **What will the funds be used for?**
   - Per Wefunder's guideline here: https://help.wefunder.com/154992-linked/advertising-your-raise We cannot publicly share our planned use of the funds as of now. Please do refer to our Form C once it's filed.
5. **Are you offering equity for the investments? or only t-shirts and lunches? Can you make your SAFE available for us to review? thank you.**
   - Yes! Please refer to the right-hand side for more information about the SAFE and the investment terms. You can also learn more about the standard SAFE document that Wefunder uses here: https://help.wefunder.com/#/glossary/contract

## Team
- Weiting Liu (Founder & CEO )
- Gage Tseng (COO)
- Christine Orchard (Head of Marketing)
- Mike Fossi (Vice President of Sales)
- Chien Tung Ho (Head of Growth)
- Young Kim (Head of Design)
- Yu-tang Cheng (Product Lead, Arc)
- Yang-Hsing Lin (Director Of Engineering)
- Joyce Lee (Product Lead, Codementor)
- Jennifer Fu (Digital Marketing & Operations)
- Joanne Guo (Product Manager, Arc)
- Sole Garay (Talent Recruiter)
- Ting Chang (Front-End Developer)

## Q&A
- Q: Few more questions: (1) You have been profitable making close to $4M/year net revenue, why do you need to raise? How much do you need and what do you plan to use the fund for? (2) With your valuation why raise using SAFE term? Do you see a need for a lot more money and raise a series A ever? If I invest with SAFE term now, and you are profitable and never need to raise another round, it seems that my money will be safely frozen forever and I will never get an equity in the company and not able to get my money back (This is the case with Toptal investors). How can you assure your investors this will not happen?
  - A: 1. Last month the US released a new law allowing companies like Gumroad and others to raise more funding directly from the crowd. This huge leap in the democratization of venture capital is aligned with our vision for Arc to democratize access to opportunities via remote work. This is part of our core vision and is more than just a fundraising event for us. We have a grand vision to make remote work mainstream, and we need as much help as we can get. We want to share the opportunity to invest in our company with our existing community members as well as anyone who shares our vision. We think it'd be incredibly powerful for us to have thousands of supporters worldwide to help us realize our vision. 2. SAFE is just a much more convenient and cost-effective way for us to implement the crowdfunding strategy. As our company continues to grow in the future, we will consider all capital options, including traditional equity rounds.
- Q: You have $32M Series B valuation, you show some of your metrics, still you neither show all your key metrics, nor you have uploaded Financials and CPA Review Report in Details section to prove them. Do you have one? Is that audited? How did you come up to $32M valuation cap? As YC alumni you might know the key metrics — https://www.ycombinator.com/library/1y-key-metrics: • Gross merchandise value (GMV) • Net revenue • Net revenue CMGR • Take rate (net revenue as % of GMV) • Gross margin • Contribution margin per order • Customer retention • Seller retention • Transactions frequency • Average transaction value • Customer LTV / paid CAC • Seller LTV / paid SAC • Burn rate / runway And at least Series A benchmarks — https://www.ycombinator.com/library/1k-benchmarks.
  - A: Thank you for the question! Audited financials, as well as other risks to be considered, will be shared in our filed Form C soon. Thank you!
- Q: Are you also raising outside Wefunder for this round (from Techstars, 500 Startups, Fabrice Grinda or others)?
  - A: This is primarily a crowdfunding campaign on Wefunder!
- Q: What are the events that will trigger the SAFE rights into actual shares? Does an IPO do this? Does a venture round do this, does an exit do this, do they all trigger? I do not see any detailed documentation regarding triggering events.
- Q: I have a few questions on the business revenue streams: (1) "Arc Contract" is basically like Toptal & Upwork, What differentiates your service with the competitions? (2) "Arc Recruiting" is like Hired/Vettery with a focus on just remote work. What differentiates Arc with the competition on this area? Is it just the remote aspect of it? (3) Are you intending to expand to non remote work on the recruiting side as well?
  - A: Thank you for the question! Arc is an all-in-one remote career platform for developers, and we see ourselves serving the developers (i.e. talent side) first. Arc grew out of the world's largest developer community for live mentorship, Codementor, and this has been part of our DNA. We work hard to connect developers with amazing opportunities that are relevant to their long-term career interests, and we believe this developer-centric approach benefits employers greatly as well. Our mission is to help professionals build extraordinary careers from anywhere, and remote work will remain our key focus. This also serves the Diversity & Inclusion goals well for organizations as we can help employers to build a diverse team.
- Q: Is this an investment in codementors AND arc .. or just arc?
  - A: This is an investment for the parent company of both Arc and Codementor!
- Q: Is anybody out there? It seems like Arc/Codementor/Weiting Liu has gone completely silent since the Wefunder campaign ended. Where in the world can I follow what's happening with the company and keep track of my investment?
- Q: As an Engineer working for Apple in Cupertino, California this is a very real issue for me. However, this is more of an issue with laws & politics, not tech. Funds should be spent to implement laws for Rent Control and laws that push companies to hire remote workers or convert current "on-site" employees to remote employee's. The tech is the easy part(PHP/MySQL can build 90-100% of it)... It's the laws that will make the REAL difference. Does ARC have a team working on the Laws & Politics side?
- Q: Based on Similarweb data there is no visits growth for the last 6 month. Why? Also, seems like all traffic is organic, so you don't spend any money on marketing (like Facebook, Google). Why? Current COVID times seems like perfect time to skyrocket for a project like this, but I don't see that is stats. Thank you.
  - A: We have been having steady organic traffic growth according to our internal metrics. We officially launched Arc 2.0 at the end of April, and we have multiple growth initiatives in our pipeline for the next 6 months. Can't wait to show what we've been working on!
- Q: Great mission, Weiting, and thanks for the offering. Codementor has been a good experience from a developer POV, and I'm interested in becoming an investor as well. I have the questions below: 1) When do you expect to file your Form C? This should be required by Wefunder in order to raise funds. 2) You've listed net revenue figures and YOY growth. Can you tell us what your net income / earnings are? I think all investors will understand if you are heavily reinvesting at the moment. 3) What will the money from the crowdraise be used for? 4) What is your 32M valuation cap based on? Thanks.
  - A: Hello Paul! Form C will be ready in a few weeks. The financials as well as the intended usage for the raised amount will be shared on Form C then. The valuation cap is based on the implied revenue multiple of similar publicly traded companies.
- Q: A couple questions: (1) You stated this is an investment for the parent company of both Arc and Codementor. What is the name of this company? (2) Codementor (while supposedly profitable) has done 5 SEED rounds for close to 10 years without raising a Series A. Why not put ARC under Codementor and do a Series A round instead of creating a new company? Sorry to reiterate Reynard Hilman's concern but his post is the most popular for a reason. Many of us on Wefunder have invested at SEED and have been sitting 7-10 years on investments that have not not converted from the initial SEED.
  - A: Hello Paul, The name of the company is Peeridea, Inc. which owns and operates both Arc and Codementor. We're not creating a new company for this round. The company has raised $3M+ to date. We have raised an equity round in the past, and we're certainly open to future equity rounds. As mentioned, we see SAFE as a convenient and cost-effective way for crowdfunding.
- Q: How much money are you raising on wefunder? First it was 600K, then 800K, now it's 1M. What's your goal here?
  - A: Hi Ed! We've been getting a lot of interest, so we decided to make the early bird terms available for the first $1M raised here!
- Q: Are you offering equity for the investments? or only t-shirts and lunches? Can you make your SAFE available for us to review? thank you.
  - A: Yes! Please refer to the right-hand side for more information about the SAFE and the investment terms. You can also learn more about the standard SAFE document that Wefunder uses here: https://help.wefunder.com/#/glossary/contract
- Q: I did not really get what I will get from investing ? Is it just supporting the company to do more or I do get share of the company itself and how is that controlled. Thanks
  - A: This is a real investment via SAFE. Please refer to the right-hand side for more information as well as the Wefunder FAQ here: https://help.wefunder.com/#/glossary/contract
- Q: I believe it should have been disclosed on the peach that ARC is a SPV to invest in Peeridea Inc, form Aug of 2013, I think that is kind of important information to disclose. I still believe is a great investment over time. I invested in ARC