Citadel Securities alumni raise $78 million to automate the part of finance that still runs on spreadsheets

Moment said the $78 million raise, announced Tuesday, was led by Index Ventures.

The financing follows a year of commercial traction, with the company signing Edward Jones, LPL Financial Holdings and Hightower Advisors as partners, signalling demand for its automated trading systems across wealth and broker channels.

Existing investors including Andreessen Horowitz and Avra participated in the round, and Moment last raised $36 million in July, the company said in an announcement.

The new capital should let Moment build on those partner deployments and accelerate the commercial rollout of its automation tools to buy‑side and broker‑dealer clients.