Moby, a U.S.-based financial technology startup, has raised a $5 million seed round at a $30 million valuation as it looks to scale its AI-driven investing insights platform. The round was led by IA Capital Group, with additional participation from Alumni Ventures.
Founded with the ambition of becoming the leading investing platform in North America, Moby provides subscribers with research, tools, and personalized investment guidance powered by artificial intelligence.
The company said its goal is not just to build a subscription product but to address broader challenges in how individual investors access and act on financial information.
The funding comes on the back of hyper traction: Moby reported a 600% year-over-year increase in paid subscribers, reflecting growing appetite among retail investors for technology-driven financial insights.
The company plans to use the new capital to accelerate product development, expand its user base, and enhance its AI capabilities.
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IA Capital Group, which led the round, has a track record of backing fintech and insurtech companies in early growth stages. Alumni Ventures’ participation further underscores investor interest in platforms bridging retail access to institutional-quality investment tools.
With retail investing reshaping global markets over the past several years, platforms like Moby are positioning themselves at the edge of technology and financial literacy.
The company’s push to build what it calls “the leading investing platform in North America” highlights both the competitive landscape and the significant growth opportunities in democratizing access to financial strategies once reserved for professionals.