About NewLimit
NewLimit is a private company based in South San Francisco, California, incorporated in 2021 in Delaware. It has reported $202,045,264 raised in two offerings on Form D since May 2023.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| May 2, 2025 | May 15, 2025 | $129,799,764of $129.9M target | 38 | $3.4M | EquityRule 506(b) | Form D ↗ |
| May 8, 2023 | May 17, 2023amended Jan 7, 2025 | $72,245,500fully sold | 21 | $3.4M | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Total, two offerings | $202,045,264 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on NewLimit's Form D filed May 15, 2025.
BA
Brian Armstrong
Director
ZD
Zavain Dar
Director
JK
Jacob Kimmel
President and director
BB
Blake Byers
Director
Earlier filings also listed Michael Polansky (president, last listed Jan 2025).