Moment Raises $78 Million Series C as Wealth Management Firms…

Team S · 2026-05-21T14:54:03.000Z

New York-based fintech startup Moment has secured $78 million in Series C funding to expand its AI-powered operating system for investment management. The round was led by Index Ventures, with participation from Andreessen Horowitz (a16z), Avra, and existing investors. Founded by former Citadel Securities quants and traders including Dylan Parker, Moment is building an AI-native platform that unifies portfolio management, trading, compliance, rebalancing, direct indexing, and investment operations into a single system for wealth management firms. The company says its platform is now being used by firms collectively managing more than $10 trillion in client assets, including major wealth management firms such as Edward Jones, LPL Financial, and Hightower Advisors. According to Moment, adoption has surged as financial institutions increasingly deploy AI agents and automation across investment workflows. Moment’s platform enables portfolio construction through natural-language AI prompts, multi-asset optimization, tax-aware investment management, compliance monitoring, and automated execution management across equities and fixed income markets. The company aims to replace fragmented legacy investment software systems with a unified AI operating layer for financial institutions. The fresh capital will support platform expansion, AI infrastructure development, and scaling of enterprise investment management capabilities as traditional wealth firms race to modernize operations using generative and agentic AI systems.

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Moment Raises $78 Million Series C as Wealth Management Firms… | Newnex