#United States #New York #Moby #AI Investing #Wall Street Insights

Moby Raises $5 Million Seed Round to Enhance Investment Insights

Moby, a revolutionary platform aimed at democratizing investing, has announced it successfully concluded a seed funding round, securing $5 million at a valuation of $30 million. This round was led by IA Capital Group, with additional contributions from Alumni Ventures as well as notable angel investors from the finance industry. Notably, these investors include former executives from Morgan Stanley, Cash App, and Fidelity, among others.

The infusion of capital comes at an exciting time for Moby, which has witnessed an impressive 600% growth in its paid subscriber base over the past year. With over 100 million views across its platforms each quarter and nearly 100,000 monthly active app users, the platform is set to expand its freemium model, aiming for 500,000 subscribers by the end of this year and over one million by 2026.

Moby seeks to level the playing field for retail investors, who have traditionally operated with consumer-grade information while institutional investors possess advanced research and costly data access. The platform is working on its proprietary AI engine, which promises to aggregate and simplify the same data sources used by top-tier institutions, thereby equipping everyday investors with clear, actionable insights that enable more informed decision-making.

Unlike other trading applications that gamify the investment experience, Moby emphasizes providing its users with real-time analytical insights tailored to their specific investment goals. The insights offered are straightforward, akin to receiving advice from a knowledgeable friend in finance.

Co-founder Justin Kramer commented, "Throughout our years on Wall Street, we observed ordinary individuals making investment choices based on superficial information and fleeting trends. In contrast, we had access to teams of analysts and sophisticated data tools. We believed this disparity was fundamentally unjust."

His co-founder, Dan Remstein, further elaborated, "Investors often face a choice between overly simplistic robo-advisory services or mind-boggling information overload. We are bridging this gap by providing sophisticated insights that respect investors' time and intelligence."

In a study conducted by the NBER/NYU in March 2025, it was revealed that retail investors typically spend just six minutes researching a stock prior to making a purchase, often focusing more on price trends than foundational fundamentals. Moby is poised to change this narrative with institutional-grade insights that inspire smarter investing decisions. The platform's remarkable growth indicates a clear demand for their services.

"We look forward to supporting Justin, Dan, and the entire Moby team as they transform the way retail investors approach decision-making in finance," stated Ravi Shah, Principal at IA Capital Group.

The capital raised will facilitate new hiring efforts, enhance the development of Moby's next-generation mobile platform, amplify AI-driven analytics, and fuel strategic partnerships targeted at expanding Moby’s reach in the finance sector.

About Moby

Moby is dedicated to altering how individual investors access high-quality investing insights that were once reserved for professionals. By fusing Wall Street expertise with a design focus on user-friendliness, Moby delivers actionable intelligence that empowers users from novice investors to seasoned portfolio managers. The platform is grounded in the belief that better information leads to better investment decisions.