About Moment
Moment is a company based in Los Angeles (United States) founded in 2019 by Shray Bansal, Nigel Egrari, and Arjun Mehta was acquired by Patreon in October 2023.. Moment has raised $13.5 million across 2 funding rounds from investors including Patreon, Forerunner Ventures and Scooter Braun. The company has 30 employees as of December 31, 2024. Moment operates in a competitive market with competitors including LiveXLive, Musixen, Flymachine, Set.fm and LA Phil, among others.
- Headquarter Los Angeles, United States
- Employees 30 as on 31 Dec, 2024
- Founders Shray Bansal, Nigel Egrari, Arjun Mehta
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Funding Insights of Moment
Moment has successfully raised a total of $13.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $12.0M
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First Round
First Round
(13 Oct 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Series A - Moment | Valuation | Forerunner Ventures |
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| Oct, 2020 | Amount | Seed - Moment | Valuation | Forerunner Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Moment
Moment has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Patreon, Forerunner Ventures and Scooter Braun. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location | |
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SB
Scooter Braun |
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Founded Year | Domain | Location |
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TC
Troy Carter |
Global music and tech investor, founder of Atom Factory, active angel
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Moment
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Moment
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Moment Comparisons
Competitors of Moment
Moment operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LiveXLive, Musixen, Flymachine, Set.fm and LA Phil, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Live music events are streamed through an online platform.
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| domain | founded_year | HQ Location |
Online platform for streaming live concerts
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| domain | founded_year | HQ Location |
Live event tickets are facilitated via an online marketplace platform.
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| domain | founded_year | HQ Location |
Live concert audio streaming platform
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| domain | founded_year | HQ Location |
Online streaming of musical performances and events is facilitated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Moment
Frequently Asked Questions about Moment
When was Moment founded?
Moment was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Moment located?
Moment is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Moment?
Arjun Mehta is the current CEO of Moment. They have also founded this company.
Is Moment a funded company?
Moment is a funded company, having raised a total of $13.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Oct 13, 2020.
How many employees does Moment have?
As of Dec 31, 2024, the latest employee count at Moment is 30.
What does Moment do?
Moment was founded in 2019 in Los Angeles, United States, as a platform in the virtual events sector. Tickets for digital events, referred to as moments, are selected and purchased directly on the website. Live messaging features and merchandise options are provided to users. Notifications about upcoming events are sent via text and email to keep members informed. Operations focus on facilitating access to these online experiences.
Who are the top competitors of Moment?
Who are Moment's investors?
Moment has 7 investors. Key investors include Patreon, Forerunner Ventures, Scooter Braun, Troy Carter, and Jess Lee.