Limit

Walnut, United States Founded: 2020 • Age: 6 yrs
Commercial insurance products are offered through an online marketplace.

About Limit

Limit is a Financial Services company based in Walnut (United States) founded in 2020 by Alex Becker, Yoav Shaked, and John Loeber. Commercial insurance products are offered through an online marketplace. Limit has raised $14.31 million across 2 funding rounds from investors including American Family Ventures, IA Capital Group and Indicator Fund. Its chief executive, as recorded, is John Loeber. Limit offers products and services including Limit AI, Document Analysis, and Document Comparison. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Software for Insurance Intermediaries. Its legal entity is Apollo Brokers, Inc. Its competitors include Corvus Insurance, Sayata and Telivy; 3 of its 3 listed competitors have raised funding.

Company details

Limit was founded in 2020 and is based in Walnut, United States. An online marketplace is operated for commercial insurance in the fintech sector. Coverage options for cyber, technology errors and omissions, and miscellaneous errors and omissions are provided. Instant quote recommendations are generated for users, with integrations to established cybersecurity vendors. Processes from market selection through surplus line filings are managed to support insurance procurement.

  • Headquarters Walnut, United States
  • Founders Alex Becker, Yoav Shaked, John Loeber
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website limit.com
  • Social LinkedIn
  • Legal Name Apollo Brokers, Inc.
Key Metrics
  • Total Equity Funding
    $14.31M (USD)

    in 2 rounds

  • Latest Funding Round
    $14.31M (USD), Series B

    Aug 2022

  • Investors

Products & Services of Limit

Limit offers a comprehensive portfolio of products and services, including Limit AI, Document Analysis, and Document Comparison.

Limit AI
AI Assistant

Provides Q&A and knowledge on insurance topics

Document Analysis
Document Processing

Analyzes insurance documents for exclusions and coverages

Document Comparison
Comparison Tools

Compares multiple insurance documents for differences

Funding Insights of Limit

Limit has successfully raised a total of $14.31M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $14.31 million completed in August 2022. 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 $14.31M
  • Total Rounds 2
  • Last Round Series B β€” $14.31M
  • Investors Count 4

All 2 funding rounds of Limit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2022$14.31MSeries B––
–
Jun 2022Series A–IA Capital Group
Valuation history

4 investors in total: 4 institutional.

Investors in Limit

Limit has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include American Family Ventures, IA Capital Group and Indicator Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors
amfamventures.comMadison, United States
Venture capital firm focused on tech startups
iacapgroup.comNew York, United States
Indicator Fund is engaged in venture capital investments.
indicatorfund.com
Investments are made in tech startups by Material V.
materialv.comMonaco, Monaco
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Investor details for Limit

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Limit

13 people are tracked at Limit (5 in leadership, 8 in team).

NameRoleGroup
Alex Becker
Co-FounderLeadership
Yoav Shaked
Co-FounderLeadership
John Loeber
Co-Founder & CEOLeadership
Shea McNamara
Co-Founder, Head of SalesLeadership
Jessica Savage
Head of BrokerageLeadership
Alan Evangelista
Lead Software EngineerTeam
Jorge Murakami Chami
Software EngineerTeam
Katie Carson
Enterprise Team Lead, Senior BrokerTeam
Andrew Sawyer
Senior Team LeadTeam
Vagner Nicolodi
Team Lead - Backend EngineerTeam
Walter Whitt
Strategy & OperationsTeam
Gustavo Lopes de Brito
Backend EngineerTeam
Abe Gibson
Growth ManagerTeam
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Complete people profiles for Limit

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Limit

3 dated milestones of Limit across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Limit is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series B, of $14.3M.

Competitors of Limit

Limit has 3 listed competitors in our database, 3 of them funded. They include Corvus Insurance, Sayata and Telivy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
corvusinsurance.com2017Boston, United States$162M21
AI-based policy software is developed for commercial insurance.
sayata.com2016Boston, United States$65M
Insurance quoting solutions are provided for the insurance industry.
telivy.com2021San Francisco, United States$125,000
Quoting and workflow management software for insurers is developed.
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Detailed competitors of Limit

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Verified entity values are shown only after access is granted.

Web traffic of Limit

The website of Limit (limit.com) receives about 5.4K visits a month.

  • Monthly visits
    5.4K

    ▼ 12.1% vs previous month

Top companies in Insurance Technology & Support Services

3 companies that operate in the same segment as Limit (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based platform for property and casualty insurance is provided.
2001San Mateo, California, United StatesUSD 1.48 B226
Claims administration, loss adjusting, and benefits management services are provided.
1969Memphis, Tennessee, United StatesUSD 2.63 M
Online property and casualty insurance is provided for businesses.
2017San Francisco, California, United StatesUSD 800 M699
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Related news about Limit

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Complete news archive for Limit

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Frequently Asked Questions about Limit

Limit was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Limit is headquartered in Walnut, United States. It is registered at Walnut, California, United States.

John Loeber is the CEO of Limit, as recorded in our data. They have also founded this company.

Limit is a funded company, having raised a total of $14.31M across 2 funding rounds to date.

Limit was founded in 2020 and is based in Walnut, United States. An online marketplace is operated for commercial insurance in the fintech sector. Coverage options for cyber, technology errors and omissions, and miscellaneous errors and omissions are provided. Instant quote recommendations are generated for users, with integrations to established cybersecurity vendors. Processes from market selection through surplus line filings are managed to support insurance procurement.

Limit's top competitors include Corvus Insurance, Telivy and Sayata.

Limit offers Limit AI, Document Analysis, and Document Comparison.

Limit has 4 investors. Key investors include American Family Ventures, IA Capital Group, Indicator Fund, and Material V.

Limit operates through Apollo Brokers, Inc..

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