DURHAM — Arpio has disclosed an $8.2 million seed round of funding. According to the SEC filing, the company had raised a total of $7.98 in equity funding from 27 investors as of last Friday, with another $250,000 remaining.
Arpio is a SaaS solution that provides disaster recovery for Amazon Web Services (AWS), with a specific focus on recovery in cloud environments. The company has grown quickly since its founding in 2021; according to its website, the company has tripled its revenue in the past year.
The Arpio press release announced the funding led by S3 Ventures and Companyon Ventures, as well as TDF Ventures and CreativeCo Capital. The company has also received funding from YCombinator, Uncorrelated Ventures, Valor Ventures, and the Triangle Tweener Fund.
Eric Engineer, Partner at S3 Ventures notred:
“With increasing cybercrime, regulation, and customer requirements, business continuity is now top-of-mind for cloud customers of all types and sizes. When we analyzed the cloud disaster recovery space and spoke to users, it became clear that Arpio is the market’s most comprehensive and easy-to-use solution. They are democratizing DR — providing push-button access to modern, sophisticated automation that is otherwise out of reach for most teams.”
Arpio co-founders Doug Neumann and Shaw Terwilliger started the company after experiences at Microsoft and Bandwidth showed a need for disaster recovery support in the market. The company plans to use the round of funding to expand its AWS service coverage, increase automation, and prepare go-to-market strategies.