Arcana
Arcana Analytics provides institutional investors — primarily hedge funds and equity long/short managers — with factor risk models, proprietary crowding and ownership data, cross-market synthesis, and portfolio optimization tools delivered as enterprise SaaS and APIs.
- Company typePrivate
- Founded2022
- HeadquartersNew York, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Arcana does
Arcana Analytics, Inc. is a New York-based fintech company founded in 2022 that provides institutional investors — primarily hedge funds, equity long/short managers, and quantitative research teams — with portfolio intelligence, risk analytics, and performance decomposition tools. The platform is centered on a sophisticated fundamental equity factor risk model that balances core factor parsimony with a model-orthogonalized custom factor library, supplemented by a proprietary Ownership & Crowding Database that combines treasury data, live short interest, and full idiosyncratic/factor decomposition to characterize long-side crowding. Arcana integrates single-stock options, implied earnings moves, macro exposures, consensus estimate revisions, positioning data, and factor drivers into a Cross-Market Synthesis layer, and exposes an automatic constraint-based portfolio optimizer (Mean-Variance, Vol Minimization, Idio Targeting) plus a universe single-stock/ETF hedge screener and high-performance APIs.
The product is delivered as institutional SaaS via a web application (app.arcana.io) and APIs, with an enterprise field-sales motion anchored on a "Request Demo" CTA. Pricing is not publicly disclosed and is presumed quote-based. The platform supports multi-provider model selection (MSCI, S&P Global, Axioma, Wolfe Research) on top of Arcana's own factor models, with data and integration partnerships across Refinitiv, LSEG Data Analytics, and Enfusion. Named partners displayed on the company site include D1 Capital Partners, Duquesne, and Tiger Global, and the company has a strategic collaboration with CenterBook Partners (announced February 2026) covering $1.3 billion in independent Contributor Fund AUM. The company is private (IPO status: private), employs 251-500 staff, and has raised capital in 2022 and across multiple subsequent rounds in 2025-2026 from investors including Abstract, D1 Capital Partners, Duquesne Family Office, Tiger Global Management, GoldenTree Asset Management, CMS Holdings, Folius Ventures, Stratus Ventures, and Soma Capital. Founders Richard Falk-Wallace (CEO) and Siva Sooriyan (CTO) lead the business.
Arcana firmographics
Firmographics- Name
- Arcana
- Legal name
- Arcana Analytics, Inc.
- Website
- https://arcana.io
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Arcana Analytics provides institutional investors — primarily hedge funds and equity long/short managers — with factor risk models, proprietary crowding and ownership data, cross-market synthesis, and portfolio optimization tools delivered as enterprise SaaS and APIs.
- Ownership category
- akta.pro rank
Arcana industry classification
Industry- Product category
- Institutional Investment Analytics Software
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Model Portfolio & Portfolio Construction Engines (FSAGAEAD)
- akta.pro secondary industries
- Portfolio Construction & Asset Allocation Advisory (FSAEAAAC), Target-Risk / Risk-Profile Model Portfolios (FSAAAJAD)
Keywords
Where Arcana is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Arcana business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Institutional SaaS Subscription: Arcana provides portfolio intelligence tools and analytics to institutional investors on a subscription basis. The platform offers tiered access to risk models, crowding data, and optimization tools through the app.arcana.io interface with API integration capabilities.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Arcana product offering
Product offeringCore offering
Arcana builds an institutional investment analytics platform that combines proprietary factor risk models, an ownership and crowding database, cross-market synthesis, optimization and scenario analysis tools, and high-performance APIs to help portfolio managers and analysts understand portfolio risks, attribute performance, and isolate idiosyncratic differentiation. It also runs a CenterBook network that connects institutional investors and sell-side desks with independent contributors providing differentiated insights.
Product overview
Arcana is a unified analytics platform providing institutional investors with portfolio intelligence, risk analytics, and performance decomposition tools. The platform integrates multiple core components: the Factor Risk Model Infrastructure (industry's most advanced fundamental and statistical factor models), the Ownership & Crowding Database (proprietary crowding and ownership data leveraging treasury and short interest), the Cross-Market Synthesis Platform (combining options, earnings, macro, and positioning data), Optimization & Scenario Analysis Tools, High-Performance APIs, Intraday Factor Analysis, Portfolio Optimizer, and Universe Hedge Screener. These components work together to help portfolio managers and analysts understand portfolio risks, decompose single-stock and book performance, drill into crowding, isolate idiosyncratic differentiation, and make analytically-constructed investment decisions.
Differentiator
Problem solved
Functional benefit
Products and services
- Factor Risk Model Infrastructure Proprietary fundamental equity factor risk modeling infrastructure spanning a 20-year history, enabling institutional investors to decompose portfolio risk and performance and isolate idiosyncratic drivers. Targeted at portfolio managers, risk teams, and analysts at hedge funds and asset managers.
- Ownership & Crowding Database Aggregated database of holdings, ownership concentration, and short interest signals, integrated with Treasury data, designed to give institutional investors visibility into crowding and concentration dynamics across equities.
- Cross-Market Synthesis Platform Unified platform that synthesizes multi-asset and multi-region data so institutional investors can view factor exposures, risk, and crowding across markets within a single workflow.
- Optimization & Scenario Analysis Tools Portfolio optimization and scenario analysis capabilities that allow institutional investors to construct, hedge, and stress-test portfolios, including universe hedging screens using Arcana's factor and crowding data.
- High-Performance APIs Programmatic API access to Arcana's factor risk models, ownership and crowding data, and analytics, enabling institutional clients to integrate the platform's outputs directly into their internal systems and workflows.
- CenterBook Network Curated network operated by Arcana that connects institutional investors and sell-side desks with independent contributors providing differentiated investment insights, extending the platform beyond pure analytics into insight distribution.
Quantifiable outcome
- Sophisticated factor models explain ~75% of large cap single-stock moves, freeing portfolio managers to focus on residual alpha.
- +2 more outcomes
Companies that use Arcana
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Arcana technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature7 records
Arcana partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CenterBook PartnerscoreCenterBook Partners and Arcana Analytics announced a strategic collaboration to provide enhanced portfolio intelligence, risk analytics, and investment process tools to CenterBook's network of independent Contributor Funds. CenterBook manages $1.3 billion in assets and integrates Arcana's institutional-grade analytics—including real-time factor decomposition, earnings analytics, and optimization tools—into its existing infrastructure. Contributors receive priority evaluation for the alpha capture program while retaining full ownership of their firms.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Arcana competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Arcana social profiles
Digital presenceArcana financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arcana leadership team
Management profileNumber of profiles
Profiles2 records
Arcana funding detail
Funding detailFunding overview
Funding rounds5 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arcana M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Arcana
What does Arcana do?
Arcana builds an institutional investment analytics platform that combines proprietary factor risk models, an ownership and crowding database, cross-market synthesis, optimization and scenario analysis tools, and high-performance APIs to help portfolio managers and analysts understand portfolio risks, attribute performance, and isolate idiosyncratic differentiation. It also runs a CenterBook network that connects institutional investors and sell-side desks with independent contributors providing differentiated insights.
Is Arcana a public or private company?
Arcana is a private company. It is classified as venture growth investor backed and is currently operating.
When was Arcana founded?
Arcana was founded in 2022. It employs 251 to 500 people.
Where is Arcana based?
Arcana is headquartered in New York, United States, in the North America region.
How does Arcana make money?
One revenue line is on record: institutional SaaS Subscription.
Does Arcana have an API?
Yes. Advanced APIs for data access and workflow customization, enabling firms to integrate Arcana's factor risk models, idio data, and portfolio analytics into their existing infrastructure. Developer documentation is at app.arcana.io/login.
What industry is Arcana in?
Arcana's product category is Institutional Investment Analytics Software. Its primary akta.pro industry code is FSAGAEAD, Model Portfolio & Portfolio Construction Engines, with a secondary code of FSAEAAAC, Portfolio Construction & Asset Allocation Advisory. Its NAICS code is 523940 and its SIC code is 6282.