Arete
Arete is a technology company.
Financial History
Arete has raised $120K across 1 funding round.
Frequently Asked Questions
How much funding has Arete raised?
Arete has raised $120K in total across 1 funding round.
Arete is a technology company.
Arete has raised $120K across 1 funding round.
Arete has raised $120K in total across 1 funding round.
Arete has raised $120K in total across 1 funding round.
Arete's investors include Wildcard Ventures.
Arete Technologies, Inc. is a technology company specializing in IT consulting, staff augmentation, and outsourcing services. It provides customized staffing solutions across IT, healthcare, and light industrial sectors, serving clients nationwide by bridging the gap between workforce requirements and deliverables. The company focuses on contractual labor, contingent staffing, direct hiring, recruitment process outsourcing (RPO), managed service partnerships (MSPs), payrolling, and human capital management. Its services aim to help clients focus on core competencies while ensuring cost-effective, skilled workforce solutions. Arete Technologies has demonstrated steady growth with revenues around $5.2 to $7.5 million and employs approximately 50 people[1][2][3].
Founded by Sahil Midha, Arete Technologies is based in Cary, North Carolina. The company emerged from a team with over 30 years of combined experience in IT consulting and staffing. The idea grew from recognizing the need for flexible, affordable, and high-quality staffing solutions that could adapt to the evolving demands of businesses. Early traction came from delivering tailored staffing and consulting services that emphasized client satisfaction and operational excellence. Over time, Arete expanded its focus to include sustainability and corporate social responsibility initiatives, integrating community engagement and environmental efforts into its business model[1][3].
Arete Technologies operates within the growing trend of flexible workforce management and digital transformation in staffing. As companies increasingly rely on contingent labor and outsourcing to remain agile and competitive, Arete’s model addresses these market forces by providing scalable, cost-effective staffing solutions. The timing aligns with broader shifts toward remote work, digital skill demands, and the need for specialized talent in IT and healthcare sectors. By integrating sustainability goals and community engagement, Arete also reflects a growing expectation for corporate responsibility in the tech and staffing industries, influencing peers and clients alike[3].
Looking ahead, Arete Technologies is positioned to capitalize on the expanding demand for flexible, technology-driven staffing solutions, especially in IT and healthcare. Trends such as AI-driven recruitment, remote workforce management, and increased emphasis on ESG (Environmental, Social, Governance) factors will likely shape its growth trajectory. The company’s commitment to sustainability and community impact may further differentiate it in a competitive market. As digital transformation accelerates, Arete’s ability to provide tailored, agile staffing solutions will be critical to maintaining and expanding its influence in the staffing and consulting ecosystem.
In summary, Arete Technologies combines deep industry experience with innovative staffing models and a strong social mission, making it a notable player in the evolving technology and workforce services landscape[1][3].
Arete has raised $120K across 1 funding round. Most recently, it raised $120K Seed in April 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2020 | $120K Seed | Wildcard Ventures |