Philadelphia Firm ARC Secured $60 Million Investment
The 15-year-old technology company will use the new capital to expand its workforce device management platform.
Updated on Sept. 24, 2026 in Remote Work
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Philadelphia-based ARC has raised $60 million in equity investment from Acadia Investment Partners. This latest round brings the total funding for the company, formerly known as ChargeItSpot, to over $100 million.
Why it matters
ARC intends to leverage this fresh capital to accelerate business growth, innovate its hardware and software offerings, and expand into additional frontline-intensive industries.
ARC currently operates in over 600 Sam's Club locations and more than 400 Walmart Canada sites. The 15-year-old company provides interactive kiosks that store, charge, and maintain handheld worker devices.
The players
ARC
A Philadelphia-based technology firm that provides hardware and cloud-based software for managing workplace mobile devices.
Acadia Investment Partners
The investment firm that provided the $60 million in equity capital to support the growth of the technology company.
The details
The company provides interactive kiosks that manage handheld devices for employees, while its cloud-based software allows management to monitor both device status and worker productivity. These systems are currently utilized in distribution centers for major retailers, including Gap Inc. and Lululemon.
Timeline
The investment announcement was made on September 24, 2026.
Market Landscape
The capital injection follows a pattern set by the rise of retail-tech infrastructure integration in the logistics sector, reflecting the ongoing digital transformation of frontline workforce operations. This funding strengthens the firm's competitive position against other providers of automated operational hardware.
The investment positions the company to potentially roll out its management software to more retailers and frontline industries, which could eventually change the standard for device maintenance at your local stores. Current customers and business clients should look for updates on service expansion as the firm enters its next growth phase.
The takeaway
As companies shift toward more integrated workforce management, hardware-based solutions are increasingly becoming essential for daily operations. This investment highlights the growing importance of keeping frontline mobile devices functional and monitored in real-time.
Further reading
Learn more about the latest innovations in Remote Work and how tech is changing the workplace.
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