tech
Former Citadel quants raised $78M for the AI operating system Wall Street's wealth managers didn't have
Moment raised $78M led by Index Ventures to build AI agent infrastructure for wealth management. Edward Jones and LPL are clients.
TL;DR
- Moment raised $78 million in a round led by Index Ventures.
- The company builds AI agent infrastructure for wealth management firms.
- Key clients include Edward Jones, LPL Financial, and Hightower Advisors.
- Moment focuses on providing the infrastructure layer, not the AI models themselves.
- The infrastructure includes compliance, data, and execution layers for AI deployment.
- The founding team has a background from Citadel Securities, highlighting technical and regulatory expertise.