On September 14, 2023, Moment, a new company seeking to revolutionize capital markets and make fixed income more accessible, transparent, and efficient for all investors, announced it has raised a $17 million Series A funding round led by Andreessen Horowitz (a16z), with participation from Venrock, Contrary, Neo, and Henry R. Kravis, bringing Moment's total amount raised to over $20 million. Moment also announced their partnership with Apex Fintech Solutions—a global leader in clearing and custody solutions. Together, Moment and Apex will be rolling out their suite of fixed income APIs to over 220 broker-dealer clients representing over $120 billion in assets under custody.

Wilson Sonsini Goodrich & Rosati advised a16z on the Series A financing. The Wilson Sonsini team was led by Rezwan Pavri, Lester Ang, Annie Kim, and Estefano Martinez.

For more information, please see press releases from a16z and Moment.