# Pimlico

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

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.pimlico.io/
- Total disclosed funding: $4.2M
- Latest round: Seed (Nov 7, 2023)
- Investors on record: 1

## About

Established in 2023 and based in London, UK, Austerlitz Labs Limited trading under the name Pimlico, operates as a Web3 platform that builds Ethereum smart accounts and offers smart account tools for users. In November 2023, new investor a16z led a USD 4.2 million seed funding for Pimlico. The firm’s customers include Safe, Metamask, Beam, Thirdweb, Zero Dev, Consensys, etc. As of November 2023, the company is being led by its CEO, Kristof Gazso. 

The company builds and offers a payment infrastructure, built on the blockchain that enables users to manage and operate smart accounts. The platform introduces permissionless.js, a specialized library aimed at streamlining the development experience for creating wallets and applications using smart accounts to offer features like gas sponsorship, gas payments with ERC-20 tokens, improved account recovery, spending thresholds, FaceID or passkey verification, and other user-centric applications.

The company intends to use the November 2023 funding to expand its operations.

## Funding rounds

- Seed, Nov 7, 2023, $4.2M — Andreessen Horowitz

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed