About Unlimited Funds
Unlimited Funds is a company based in New York (United States) founded in 2022 by Andrew Salamon, Matt Salzberg, Bob Elliott, and Bruce McNevin. It operates as a AI-as-a-Service, and Direct-to-Consumer (D2C). Unlimited Funds has raised $8 million across 1 funding round from investors including FirstMark, Citi Ventures and Material. Unlimited Funds offers products and services including HFND ETF. Unlimited Funds operates in a competitive market with competitors including WisdomTree, Global X ETFs, iShares, Martini.ai and VanEck, among others.
- Headquarter New York, United States
- Founders Andrew Salamon, Matt Salzberg, Bob Elliott, Bruce McNevin
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Unlimited Funds
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 1 rounds
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Latest Funding Round
$8 M (USD), Series A
May 23, 2023
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Investors
FirstMark
& 2 more
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Employee Count
Employee Count
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Products & Services of Unlimited Funds
Unlimited Funds offers a comprehensive portfolio of products and services, including HFND ETF. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Alternative investment strategies are offered through ETF products.
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Funding Insights of Unlimited Funds
Unlimited Funds has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8 million completed in May 2023. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $8.0M
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First Round
First Round
(23 May 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - Unlimited Funds | Valuation | FirstMark , Citi Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Unlimited Funds
Unlimited Funds has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FirstMark, Citi Ventures and Material. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital is invested in tech startups across sectors.
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Founded Year | Domain | Location | |
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Corporate venture capital firm backed by Citi
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Founded Year | Domain | Location | |
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Sector-agnostic startups are built and funded across industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Unlimited Funds
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Unlimited Funds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Unlimited Funds Comparisons
Competitors of Unlimited Funds
Unlimited Funds operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WisdomTree, Global X ETFs, iShares, Martini.ai and VanEck, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for trading ETF assets is operated.
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| domain | founded_year | HQ Location |
Investment management firm
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| domain | founded_year | HQ Location |
Provider of solutions for exchange-traded funds
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| domain | founded_year | HQ Location |
AI-based platform for real-time price movements of bonds
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| domain | founded_year | HQ Location |
Exchange-traded funds and mutual funds are managed for investors.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Unlimited Funds
Frequently Asked Questions about Unlimited Funds
When was Unlimited Funds founded?
Unlimited Funds was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Unlimited Funds located?
Unlimited Funds is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Unlimited Funds?
Bob Elliott is the current CEO of Unlimited Funds. They have also founded this company.
Is Unlimited Funds a funded company?
Unlimited Funds is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Series A of $8M, raised on May 23, 2023.
What does Unlimited Funds do?
Unlimited Funds is focused on democratizing access to alternative investments. The company operates in the financial sector, leveraging machine learning and return replication technology to mimic sophisticated investment strategies. Solutions are provided through ETFs, offering lower fees, transparency, and liquidity compared to traditional limited partnerships. Diversification and risk management are emphasized to reduce portfolio volatility for retail investors.
Who are the top competitors of Unlimited Funds?
Unlimited Funds's top competitors include WisdomTree, Global X ETFs and Martini.ai.
What products or services does Unlimited Funds offer?
Unlimited Funds offers HFND ETF.
Who are Unlimited Funds's investors?
Unlimited Funds has 3 investors. Key investors include FirstMark, Citi Ventures, and Material.
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