Moment Acquisition | Technology Deal in NY

Moment has completed the acquisition of Moment, a enterprise software business in New York, for $78 million. Moment provides an AI operating system for investment management, supporting fixed income and multi-asset unified managed accounts for wealth firms. The platform standardizes AI-powered workflows across portfolio operations, enabling large advisors and broker-dealers in NY to scale managed account delivery. The other acquisition is structured as a Series C funding round of $78M, with technology M&A momentum as leading wealth firms adopt Moment for investment management infrastructure. Investors included Index Ventures and Andreessen Horowitz, with participation from Avra and existing backers, as Moment expands support for firms managing more than $10 trillion in client assets.