Moment Raises $78 Million to Expand AI-Powered Investment Platform
Moment, an investment management startup, closed a $78 million Series C funding round led by Index Ventures. The company builds software that combines trading, portfolio management, and compliance into a single operating system powered by AI agents.
Edward Jones, LPL Financial, and Hightower Advisors use Moment's platform. Together, these firms and other customers manage more than $10 trillion in assets through the system-up from $300 billion less than 18 months ago.
What the platform does
Moment's agents create custom portfolios from natural-language instructions in seconds, replacing hours of manual work. The platform also includes surveillance agents that scan thousands of accounts to identify tax, risk, and transition opportunities, then convert those findings into actionable proposals.
Dylan Parker, Moment's co-founder and chief executive, said the company built the infrastructure to deploy AI safely in investment management. "The largest financial institutions know they need to deploy agents, but the infrastructure to deploy them safely and effectively hasn't existed," Parker said. "We built that operating system from the ground up, with a unified data model and regulatory-grade controls."
The modular design lets firms start with a few core workflows and gradually expand AI capabilities as their governance frameworks mature.
Consumer comfort with AI remains limited
The funding announcement comes as research shows meaningful constraints on how far consumers will trust AI with financial decisions. Only around 20% of consumers would allow an autonomous AI agent to manage banking activity on their behalf, according to recent data.
Consumers express greater hesitation about granting AI systems authority to move money or execute transactions. Concerns center on unauthorized access, data misuse, and concentrating sensitive financial information within conversational platforms.
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