Press Releases

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April 26, 2017
Deck Commerce Raises $2M from Arsenal
Deck Commerce, a Brentwood company that has developed cloud software that syncs inventory, orders and product data for retailers, has raised $2 million from local venture capital firm Arsenal Capital Management.


April 24, 2017
Deck Commerce Secures $2M in Funding to Drive Growth
“Deck Commerce is quickly becoming recognized in eCommerce operations, which is a key component for new retailing models,” says Reinecke. “This financing, along with insights from several of the investors in our fund, will give management the resources they need to continue their impressive record of innovation and growth.”


April 17, 2017
PowerPost Secures $2M in Funding to Transform Brands Into Social Media Power Publishers
“We are pleased to partner with entrepreneurs focused on building impactful technologies. PowerPost is garnering significant attention for its innovative approach to brand marketing in an environment that is more and more driven by social media, said Pete Reinecke, Managing Director of ACM. “Several of the investors in our fund have particular expertise in marketing technology and we look forward to providing Dan, Paul, and the team at PowerPost with their insight and experience.”


August 2, 2016
St. Louis Startup Investors Report First Half Totals
Arsenal Capital Management, led by Pete Reinecke, reported investing $8.7 million in the first half in eight companies, three of them based in St. Louis (Bonfyre, Appistry and Juristat).
June 22, 2016
Bonfyre Raises Another $4M from Investors
Peter Reinecke, managing director of Arsenal, said the follow-on investment represents the firm’s belief that Bonfyre has developed a platform in which a company can engage and communicate with their employees to build and maintain a strong workplace culture.


January 6, 2016
Arsenal Capital Management leads Bonfyre’s $2.5 million funding round
“Bonfyre, the St. Louis startup that’s developed a social media app to lets users create private social networks, has closed on a $2.45 million financing round led by Arsenal Capital Management.”


July 22, 2015
Arsenal Capital leads $10 million investment in medical startup
“Our investment in Harbor continues the strategy of making significant investments in companies with disruptive products and technologies in the healthcare market,” Reinecke said in a statement.


July 9, 2015
Arsenal leads $2.75 million round for biotech startup
“Aptimmune Biologics, a biotech startup based in Champaign, Illinois, has raised $2.75 million from a group of investors led by Arsenal Capital Management. […] We’ve monitored Aptimmune’s progress through our relationship with Common Place Holdings. I’m pleased this investment validates our approach to invest early in promising companies and provide additional support as growth demands.”


July 9, 2015
10 biggest funding rounds
“Here’s a list of the 10 biggest venture capital deals in Missouri during the first half of 2015. Unless otherwise noted, the companies are from the St. Louis area.”


June 17, 2015
Synek beer dispenser raises $2.5 million
​The Synek Draft System, a crowd-sourced draft beer dispenser, has raised $2.5 million from Arsenal Capital Management.”


May 8, 2015
Local investors win following Clearent raise
“Winners from the financing include local investors such as the St. Louis Arch Angels and Arsenal Capital Management. Investors with knowledge of the deal said returns would equal between 3.75 times to 7.7 times the initial investment.”


March 16, 2015
Homeward Health, LLC Closes Series “B” Funding Round With Arsenal Capital Management of St. Louis, MO.

Mar 6, 2015
Arsenal Capital Management, a venture capital firm led by Pete Reinecke, raised $15.7 million and invested $14.7 million in eight portfolio companies in 2014.

March 5, 2015
St. Louis entrepreneurs take note: Peter Reinecke of Arsenal Capital Management is billing his firm as, ‘Different by Design’ and is currently sourcing high quality investors to participate in his next fund.
Feb 26, 2015
Arsenal Capital Management (ACM), the St. Louis-based venture capital firm led by Pete Reinecke, has invested $750,000 in an Ohio-based IT startup redesigning the discharge and care transition process for hospitals and patients.
Feb 9, 2015
Life science companies raised more than $8 billion from venture capital firms in 2014, a 28 percent increase over 2013.
January 12, 2015
CAMBRIDGE, Mass.–(BUSINESS WIRE)–KEW Group Inc. (KEW), a privately held oncology services company, today announced the successful completion of a $16.8 million Series B financing led by Signet Healthcare Partners.

Jan 5, 2015
Juristat, the St. Louis startup that helps lawyers predict the outcomes of the patent legal process, has raised $1.2 million from a group of investors led by Arsenal Capital Management.

Jan 5, 2015
10 Startups to watch in 2015; The Business Journal asked an informal panel of five people heavily involved in the innovation community in St. Louis about which startups we should keep an eye on this year.

Dec 4, 2014
A new St. Louis business incubator focused on the biotech industry is looking to take ideas at their earliest stage, turn them into companies and fund them until they’re ready to sell off.

Nov 21, 2014
Kypha, an early-stage medical device startup developing a test to monitor inflammation quickly and accurately, has raised $3.5 million from a group of investors led by Arsenal Capital Management.

Aug 25, 2014
Arsenal, led by manager Pete Reinecke, has invested $8 million into TransMed Systems, a California-based company founded in 2010 whose software lets physicians identify patterns in genomic data and research to more effectively treat patients.


Aug 22, 2014
The $8 million investment for TransMed is the largest equity investment for Arsenal to date.

“They’re taking raw genetic data from databases and medical records, which hospitals are notorious for, processing it and putting it into a usable format for a researcher or clinician to make better decisions,” Reinecke said of TransMed’s technology. “If doctors are doing research on head trauma on a child, they can go in to see what types of treatments might be useful based on different things like ethnicity, age or genetic makeup.”


Jul 29, 2014
Appistry, the St. Louis-based cloud computing company, was named one of eight businesses participating in Start-Up NY’s latest tax-free initiative.

More than $54 million has been invested in the company from investors that include the St. Louis Arch Angels, Arsenal Capital Management, eXome Capital and Stuart Mill Venture Partners.


Dec 31, 2013
It was a Big year for private equity.

Also seeing earlier investments pay this year are Arsenal Capital Management, St. Louis Arch Angels, Missouri Technology Corp., University of Missouri and other private investors who will see positive returns from the $35 million sale of the Columbia, Mo.-based startup video news organization Newsy to E.W. Scripps.


Dec 20, 2013
No one will be getting a bigger return than Arsenal Capital Management from E.W. Scripps’ $35 million acquisition of Newsy, announced earlier this month.

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