Moov

About

Moov is developing an open source platform enabling users to quickly deploy basic financial service tools.

Cedar Falls,Iowa,United States
11 - 50
https://moov.io

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $5.50M
Industries: Finance,Financial Services,FinTech,Software
Founded date: Jan 9, 2017
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Moov Financial Inc
Also Known As: Moov Financial

Moov is rebuilding banking infrastructure for a cloud-native world without any legacy technology dependencies. Moov’s banking-as-a-service platform takes a developer-first approach of being open-source, portable to cloud providers or on-premises, modular for customization, and decoupled from any single bank program. Their protocols offer the first de facto standard for embedded payment infrastructure offered publicly.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$32.50M

Moov has raised a total of $32.50M in funding over 2 rounds. Their latest funding was raised on Dec 4, 2020 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 4, 2020	Series A	$27M	33	Andreessen Horowitz	—	Detail
Aug 18, 2020	Seed	$5.50M	17	Bain Capital Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

34

Moov is funded by 34 investors. Andreessen Horowitz and Aaron Frank are the most recent investors.

Investor Name	Lead Investor	Funding Round
Andreessen Horowitz	Yes	Series A
Aaron Frank	—	Series A
Abstract Ventures	—	Series A
Bain Capital Ventures	—	Series A
Brad Bialas	—	Series A
Brandon Dewitt	—	Series A
Brian Kelly	—	Series A
Calanthia Mei	—	Series A
Canapi Ventures	—	Series A
Charley Ma	—	Series A