Moment, a fintech platform founded by former quantitative traders and researchers from Citadel Securities, has raised $78m in fresh funding as investor appetite for AI-driven financial infrastructure continues to build across Wall Street, according to a report by Bloomberg.
The round was led by Index Ventures, with participation from existing backers including Andreessen Horowitz and Avra, according to a company statement. The latest capital injection follows a $36m round completed earlier in the year, underscoring rapid investor momentum behind the business.
Moment develops technology aimed at automating trading workflows across fixed income and equities, positioning itself as an infrastructure layer for institutions seeking to deploy artificial intelligence in regulated investment environments. Over the past year, it has also added several major financial partners, including Edward Jones, LPL Financial Holdings and Hightower Advisors.
Chief executive and co-founder Dylan Parker said large financial institutions are increasingly looking to integrate AI “agents” into core operations, but lack the compliant systems needed to do so safely at scale. He said Moment was built to provide that foundation, combining unified data architecture with regulatory controls designed for institutional use.
The fundraising comes amid a broader surge of interest in AI applications across wealth and asset management, as firms look to improve efficiency, automate execution processes and enhance decision-making capabilities. Technology providers including Anthropic and other frontier AI developers have also stepped up efforts to engage directly with financial clients.
