Strange and Amble lead Andreessen Horowitz into banking infrastructure deal
Andreessen Horowitz’s Angela Strange and Seema Amble help lead their firm into a company seeking to improve banking infrastructure. Andreessen Horowitz led Moov Financial’s $27 million Series A round, which also included existing investors Abstract Ventures, Bain Capital, Canapi Ventures, Commerce Ventures, Gradient Ventures, Uncorrelated Ventures and RRE Ventures. Moov is listed as a portfolio company of Maria Palma who is leaving RRE to join Kindred Ventures. (See Next Acts: Women on The Move).
Founded in 2017, Moov has created an open source embedded banking platform. This enables developers to implement solutions in a single day instead of having to build financial protocols from the ground up.
Angela, a partner, led her firm earlier this year into Casai, an emerging markets hospitality brand co-founded by María del Carmen Herrerías Salazar. Angela is on the boards of SynapseFi and Tally and is an observer on the boards of firm portfolio companies Earnin, HealthIQ, Mayvenn, PeerStreet and Point. She joined Andreessen Horowitz in 2014 from Google.
Seema, a partner, joined Andreessen Horowitz in 2019 from Goldman Sachs.