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Moment was founded by the team that built the automated credit desks at Citadel Securities and Jane Street, and its partnership with LPL Financial underscores surging demand for automated fixed-income solutions
Moment, the company automating trading and portfolio management workflows for fixed income teams, announced that it has raised $36 million in Series B funding led by Index Ventures, with participation from Andreessen Horowitz, Lightspeed Venture Partners, Venrock, Neo, and Contrary Capital.
The round brings Moment’s total funding to $56 million and will be used to accelerate growth, advance partnerships with leading financial institutions, invest in research and development, and continue expanding its team in New York City.
“Demand for fixed-income has exploded, and leading financial institutions are capitalizing on this unique opportunity to seize market share” said Dylan Parker, CEO and co‑founder of Moment. “These firms are partnering with Moment to co-create the future of fixed income – empowering their fixed income teams with a differentiated platform to win new business, unlock eight-figure revenue channels, and genuinely 10x their productivity.”
The $150 Trillion Fixed Income Market Is at an Inflection Point
The funding comes amid a period of rapid transformation for the fixed income market:
- Electronic trading has skyrocketed, with corporate bond electronic volumes growing 10x over the last decade
- Rising rates – from near zero to roughly 5% – have sparked a surge in demand
- Financial institutions are increasingly partnering with fintechs to modernize legacy infrastructure
- AI advances are enabling workflow automation that was once thought impossible
Despite the market’s scale, most workflows remain incredibly manual: traders juggle multiple screens, portfolio managers exchange sprawling spreadsheets, and critical coordination still happens by phone or chat.
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The First Operating System for Fixed Income
Moment’s platform unifies trading, research, portfolio optimization, reporting, and risk and compliance in a single system, with a layer of automation that allows financial institutions to supercharge their fixed income teams.
Leading financial institutions use Moment to:
- Execute thousands of trades in seconds with automated execution rules
- Optimize tax-sensitive, multi-asset class portfolios across hundreds of thousands of accounts
- Scan all of their accounts and trades in real-time for compliance violations using custom rules
- Use AI-powered workflows to instantly generate portfolios from email requests, build transition proposals from PDFs in seconds, and produce client-ready reports with custom commentary
By embedding forward-deployed engineers with its largest customers, Moment co-develops multi-year transformation roadmaps while delivering near-term solutions in production.
Partnering with Leading Financial Institutions
Moment recently announced strategic partnerships with LPL Financial, the largest independent broker-dealer in the U.S. with over $2T in assets under management.
“Moment’s platform is helping us reimagine what’s possible in fixed income,” said Mike Haire, Senior Vice President of Fixed Income at LPL. “In my 25+ years of experience leading large fixed income teams, Moment is the innovative solution we’ve been waiting for and the only player in the market offering a single, unified fixed income platform for wealth management firms. Their technology enables our team to be 10x more efficient with their time while delivering enhanced execution for our advisors.”
Moment is also partnering with Sanctuary Wealth, a leading hybrid RIA and broker-dealer with over $50B in assets under management.
“Moment’s fixed-income technology is so revolutionary that our senior leadership team has started weaving it into recruiting pitches with significant advisor teams.” said Josh Freeman, Head of Capital Markets at Sanctuary. “It demonstrates Sanctuary’s commitment to delivering best-in-class technology that supports our advisors’ businesses.”
“Moment is tackling the world’s largest financial market with exceptional speed and rigor,” said Jan Hammer, Partner at Index Ventures, who was a board member at Robinhood and Adyen and will join Moment as a new board member. “Their unique blend of deep fixed‑income expertise and world‑class engineering is why the most selective financial institutions are choosing them as a strategic partner.”
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