Announcing Moov's $5.5 million seed round
Today, the news of our $5.5 million seed round became public! All of us at Moov have been looking forward to this day for a while, and we’ve internally referred to it as Moov-ing day. We’re excited because we have the momentum and support of 7 institutional investors, led by Bain Capital, as well as 27 individual investors who believe in Moov’s mission, who are generous with their time and their knowledge.
This round allows us to grow the Moov community and accelerate our product roadmap.
Read what others are saying
Matt Harris | Bain Capital Ventures
Veridian Credit Union
Clay and Milk
Dan Rosen | Commerce Ventures
Thrilled to announce our lead seed investment in @moov_io, the modern, open-source embedded banking platform! Huge congratulations to @wadearnold and the entire team - looking forward to partnering with you on this journey to rethink embedded financial services. cc: @mattcharris https://t.co/KgDcHdzxpF— Bain Capital Ventures (@BainCapVC) August 18, 2020
Why I invested in @moov_io - https://t.co/WWP7nmUtPn— Brad Bialas (@BradBialas) August 18, 2020
Run by industry veterans @JrRsmith and @wadearnold
Embedded financial services & embedded banking infrastructure is the destination, its happening!
MOOV aligns with fintech as well as my current adventure @Xformative
APIs are core to our investment thesis, so much so, it's part of our name @CanapiVentures. Excited to be joining @BainCapVC in backing @moov_io & @wadearnold in the pursuit of re-building financial services from the most fundamental layer— Jeffrey Reitman (@JeffreyReitman) August 18, 2020
Moov, Maker of Popular Open Source Software for Storing and Moving Money, Secures $5.5M Seed Round— Lars Markull (@LarsMarkull) August 18, 2020
=> Amazing company and vision. We need this so badly! Congrats @wadearnold & team @moov_io https://t.co/beX8K3WKxX
this is totally bomb— cokie hasiotis (@cokiehasiotis) August 18, 2020
open source democratizes who can build, which in turn democratizes access to financial products
thrilled for @moov_io and @wadearnold (whom i love because they make 🔥 memes and pander to my ego) https://t.co/5XCDAJONcK
Excited to share RRE's investment in @moov_io with @BainCapVC and founder angels from Plaid, MX. Moov began as a Github side project - its OSS fintech infra repos are now used by devs at Fortune 500 cos to startups. Just the start for @wadearnold and team! https://t.co/R0r1CeIW1z— Nikita S (@singareddynm) August 18, 2020
🙌— Jay Parekh (@jayhp) August 18, 2020
Excited to announce our investment in Moov - check out our thoughts here on BaaS and why they are the team to build this! @RRE @wadearnold @JrRsmith @singareddynm @crohorner @mattcharris @tmcpro https://t.co/Rzu3ltPx7R— Maria (Brewer) Palma (@mariabrw) August 18, 2020
Proud to support @moov_io as they bring the many advantages of open source software to banking. Now fintech developers of all sizes have the freedom to build innovative financial products with transparency and banking partner independence.https://t.co/2DEasnxjH4— Ramtin Naimi (@ramtinnaimi) August 18, 2020
Congrats @wadearnold @joshsadler @InfernoJJ @adamdecaf Bob Smith and the rest of the team on the fundraise. Now get back to work on creating that valuation your new investors expect! https://t.co/ixyAkVGMFK— Derik @ 🚗📕 (@deriksutton) August 18, 2020
I am honored to be part of the moovment 🌬️— Calanthia Mei (@calanthiaaa) August 18, 2020
Because I believe the future of banking infrastructure will be open, modular and portable.
Also because @wadearnold @JrRsmith are the OGest of FinTech OGs and they've got some killer dad jokes https://t.co/97LjB4lVEf pic.twitter.com/LSnGSyOg8K
Very excited to announce our seed investment in Moov Financial, the developer-first, open source BaaS platform that enables banks, fintechs and technology companies to seamlessly embed financial services into their product suites:— Matt Harris (@mattcharris) August 18, 2020