Fundraising Fox

Moov Financial

Cedar Falls, US · Founded 2020 · Delaware corporation · 3 known investors

Founders & leadership

Moov Financial was founded in 2020 by David Wade Arnold.

DW
David Wade ArnoldFounder
RL
Robert L. SmithExecutive
JT
Joel TosiExecutive

Board

DRDan Rosen
Dan Rosenin𝕏Board directorPartner at Commerce Ventures
MHMatt Harris
Matt HarrisinBoard directorAdvisor at Commerce Ventures
ASAngela Strange
Angela Strangein𝕏Board directorGeneral Partner at Andreessen Horowitz

Investors · 3

Andreessen Horowitzreported · 2 sourcesMenlo Park · $500K – $50Mvia Angela Strange · board
Bain Capital VenturesreportedBoston · $1M – $100M
Commerce Venturesreported · 2 sourcesSan Francisco · $1M – $5Mvia Dan Rosen · board

Reported raises · per SEC filings

Form D private placements

$100.3M disclosed across 6 rounds · 2020–2025

▶$4MraisedOct 2025 · 1 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Angela StrangeDirector
  • Dan RosenDirector
  • Robert SmithExecutive Officer, Director
  • David Wade ArnoldExecutive Officer, Director
  • Matt HarrisDirector
Offering amount
$11.5M
Amount sold
$4M
First sale
Sep 2025
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$19.6MraisedApr 2025 · 4 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Dan RosenDirector
  • Matt HarrisDirector
  • David Wade ArnoldExecutive Officer, Director
  • Angela StrangeDirector
  • Robert L. SmithExecutive Officer, Director
  • Joel TosiExecutive Officer
Offering amount
$20.5M
Amount sold
$19.6M
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$7.5MraisedJun 2024 · 1 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Sam ReidExecutive Officer
  • David Wade ArnoldExecutive Officer, Director
  • Julie BiExecutive Officer
  • Robert Smith, Jr.Executive Officer, Director
  • Ryan HoweExecutive Officer
  • Josh SadlerExecutive Officer
  • Joel TosiExecutive Officer
  • Brad BialasExecutive Officer
Offering amount
$7.5M
Amount sold
$7.5M
First sale
Jun 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$40MraisedOct 2022 · 22 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel RosenDirector
  • Ryan HoweExecutive Officer
  • Angela StrangeDirector
  • Robert L. Smith, Jr.Executive Officer, Director
  • Matthew HarrisDirector
  • David Wade ArnoldExecutive Officer, Director
Offering amount
$45M
Amount sold
$40M
First sale
Oct 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$23.8MraisedNov 2020 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • David Wade ArnoldExecutive Officer, Director
Offering amount
$27M
Amount sold
$23.8M
First sale
Nov 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.4MraisedJul 2020 · 30 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David Wade ArnoldExecutive Officer, Director
Offering amount
$5.5M
Amount sold
$5.4M
First sale
Jun 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Fintech Moov raises $45 million from Visa, Andreessen Horowitz, Bain Capital Ventures and others | Fortunefortune.com · Jan 2023Moov Financial Raises $45M to Grow Money Movement Platform | PYMNTS.compymnts.com · Jan 2023Moov Financial raises $27m in Series A funding roundfintechfutures.com · Dec 2020Moov raises $27m for open source banking platformfinextra.com · Dec 2020Moov Financial Raises USD 5.5 mln in seed fundingthepaypers.com · Aug 2020Moov Financial raises $5.5 mn in Seed Round led by Bain Capital Ventures - IBS Intelligenceibsintelligence.com · Aug 2020

Frequently asked questions

Who founded Moov Financial?
Moov Financial was founded by David Wade Arnold in 2020.
Who are Moov Financial's investors?
Moov Financial's investors include Andreessen Horowitz, Bain Capital Ventures, Commerce Ventures.
How much funding has Moov Financial raised?
Moov Financial has disclosed $100.3M raised across 6 rounds.
Where is Moov Financial headquartered?
Moov Financial is headquartered in Cedar Falls, US.