# LimitFi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/limitfi

- Industry: Insurance
- Headquarters: Greenwich, US
- Website: www.limitfi.com
- Total disclosed funding: $3.8M
- Latest round: Seed (Jun 3, 2021)
- Investors on record: 1

## About

Based in Connecticut, US, and founded in 2021 by co-founders Adam Budnick and Zach Smith, Limit Financial, Inc. trading as Limitfi, operates as a managing general underwriter that provides insurance and reinsurance solutions. In June 2021, LimitFi raised USD 3.75 million in seed funding led by ManchesterStory Group. As of October 2022, the company focus on underlying exposure in the USA and Europe. 

Limit Financial, Inc. provides an insurtech platform that enables individuals in risk diversification through underwriting, maximum transparency, and unrivaled service to the (re)insurance community. It underwrites a wide variety of transactions including SPVs and fund-level financing, securitization-like portfolios, bank / corporate portfolios, and single-name exposure. Its platform connects financial services providers, such as banks, lenders, and asset managers, with insurance ecosystem partners, as well as the company's outsourced underwriting model emphasizes better risk-taking, more diverse exposures, and increased profitability.

The company intends to use the funding for team expansion and product development.

## Funding rounds

- Seed, Jun 3, 2021, $3.8M — ManchesterStory

## Investors

- ManchesterStory (https://capitalatlas.ai/funds/manchesterstory) — Seed