# Adam Moelis

> Adam Moelis is a New York-based entrepreneur, co-founder and former CEO of Yotta, and founder of dating app Tenr. A 2014 Wharton graduate who worked at Goldman Sachs and YipitData, he built Yotta around prize-linked savings. His record also includes Yotta’s loss of customer access to funds following Synapse’s 2024 collapse and a 2026 California action against the company over deceptive safety claims.

- **Role:** Founder at Tenr; co-founder and board member at Yotta (identified as former CEO in California’s May 2026 consent order)
- **Organizations:** Tenr, Yotta, YipitData, Goldman Sachs, Right Call Consulting
- **Education:** B.S. in Economics, Finance and Accounting; summa cum laude, The Wharton School, University of Pennsylvania, Web development immersive coding boot camp, Flatiron School, Startup accelerator, Summer 2020 batch, Y Combinator
- **Known for:** Co-founded Yotta and participated in Y Combinator’s Summer 2020 accelerator., Recognized in Forbes 30 Under 30 for 2021., Helped raise Yotta’s $13.2 million Series A announced in January 2021.

## Career timeline

- **2014** — Graduated from Wharton and joined Goldman Sachs.
- **2015** — Left investing work and learned web development at Flatiron School.
- **2016–2018** — Worked in data analysis and product at YipitData.
- **2019** — Co-founded Yotta with Ben Doyle.
- **2020** — Launched Yotta and joined Y Combinator’s Summer 2020 batch.
- **2021** — Yotta announced a $13.2 million Series A led by Base10 Partners.
- **2024** — As CEO, reported 85,000 customers with $112 million locked out after Synapse’s collapse.
- **2025** — Tenr began attracting sign-ups; its company profile dates its founding to 2025.
- **2026** — Publicly identified as founder of Tenr and as Yotta’s former CEO and a board member.

## Achievements

- Co-founded Yotta and participated in Y Combinator’s Summer 2020 accelerator.
- Recognized in Forbes 30 Under 30 for 2021.
- Helped raise Yotta’s $13.2 million Series A announced in January 2021.
- Founded Tenr, centered on curated ten-minute video dates.

## Latest updates

- **2026-08** — Yotta’s August 31 recovery update reported another federal redress allocation while saying individual payment timing and amounts remained undetermined.
- **2026-05** — California imposed a $1 million penalty on Yotta over deceptive safety and insurance claims; the consent order identifies Moelis as former CEO and a board member.
- **2026-04** — Discussed Tenr’s optional height verification feature; reported about 700 users had verified height among nearly 6,000 sign-ups.

## Links

- LinkedIn: https://www.linkedin.com/in/adammoelis

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Profile page: https://yespress.io/adam-moelis
Published by YesPress — https://yespress.io
Last updated: 2026-10-26