# NewLimit funding: rounds and investors

> NewLimit has raised $610M across 3 rounds since 2025. Investors include Founders Fund, Kleiner Perkins and Khosla Ventures. Every round with its source.

Source: https://millionrounds.com/company/newlimit (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *NewLimit*

3 rounds we have observed, with the 25 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Wellness

Raised 5 months ago Valuation: $1.6B, Mar 2026

Follow NewLimit and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fnewlimit)

Funding summary Updated 5 Nov 2026

**$610M** raised across 3 rounds since 2025, from 4 sources

**$130M** Series B **$45M** Round **$435M** Series C

- **Latest round:** Series C, $435M Jun 2026
- **Led by:** Founders Fund
- **Step-up i:** 9.7×
- **Investors:** 25 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$130M** Series B

**$45M** Round

**$435M** Series C

- **First round:** Series B, $130M
- **Biggest round:** $435M
- **Usual gap between rounds:** 7 months

## The rounds

- **Jun 2026** Series C **$435M** *3 new* *4 returning* [Founders Fund](https://millionrounds.com/fund/founders-fund) Lead [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Greenoaks](https://millionrounds.com/fund/greenoaks) Reported by Ventureburn
- **Oct 2025** Round **$45M** *6 new* *6 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Abstract Ventures](https://millionrounds.com/fund/abstract) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Boost VC](https://millionrounds.com/fund/boost-vc) [Lilly Ventures](https://millionrounds.com/fund/lilly-ventures) [Section 32](https://millionrounds.com/fund/section-32) [Duke University](https://millionrounds.com/fund/duke-university) [Human Capital](https://millionrounds.com/fund/human-capital) [Dimension](https://millionrounds.com/fund/dimension) Reported by Ventureburn
- **May 2025** Series B **$130M** *16 new* [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) Lead [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Elad Gil](https://millionrounds.com/fund/elad-gil) [Garry Tan](https://millionrounds.com/fund/garry-tan) [Simon Murdoch](https://millionrounds.com/fund/daniel-gross) [Joe Lonsdale](https://millionrounds.com/fund/joe-lonsdale) [Coinbase](https://millionrounds.com/fund/coinbase-ventures) [Patrick Collison](https://millionrounds.com/fund/patrick-collison) [Nat Friedman](https://millionrounds.com/fund/nat-friedman) [Joshua Kushner](https://millionrounds.com/fund/joshua-kushner) [Fred Ehrsam](https://millionrounds.com/fund/fred-ehrsam) [Human Capital](https://millionrounds.com/fund/human-capital) [Dimension](https://millionrounds.com/fund/dimension) [John & Patrick Collison](https://millionrounds.com/fund/john-and-patrick-collison) Reported by TechCrunch and 1 other SEC filing: $130M sold, first sale May 2025

## Funding filed with regulators

NewLimit filed 2 raises, $202M in all. Filings say how much was sold and to how many investors; they never name the investors.

- May 2025 **$130M** 38 investors of $130M offered SEC Form D
- May 2023 **$72M** 21 investors SEC Form D

## Founders and team

From NewLimit's own website: 3 founders, 3 on the team.

**Jacob Kimmel** Co-founder & CEO

**Blake Byers** Co-founder

**Brian Armstrong** Co-founder

- **Alex Kim** Head of People
- **Melissa Calton** Head of Translation
- **Ron Hause** Head of Computational Sciences

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2025 **Round** 2025 **Series C** 2026 [Founders Fund](https://millionrounds.com/fund/founders-fund) L [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) L [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Human Capital](https://millionrounds.com/fund/human-capital) [Dimension](https://millionrounds.com/fund/dimension) [Abstract Ventures](https://millionrounds.com/fund/abstract) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2)

## Everyone who backed them

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **3** rounds, led 1

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **3** rounds, led 1

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **3** rounds

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **2** rounds

[Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **2** rounds

[Human Capital](https://millionrounds.com/fund/human-capital) VC firm **2** rounds

[Dimension](https://millionrounds.com/fund/dimension) VC firm **2** rounds

[Abstract Ventures](https://millionrounds.com/fund/abstract) VC firm **1** round

[Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round

[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **1** round

[Boost VC](https://millionrounds.com/fund/boost-vc) VC firm **1** round

[Greenoaks](https://millionrounds.com/fund/greenoaks) VC firm **1** round

[Elad Gil](https://millionrounds.com/fund/elad-gil) VC firm **1** round

[Garry Tan](https://millionrounds.com/fund/garry-tan) Angel **1** round

[Simon Murdoch](https://millionrounds.com/fund/daniel-gross) Angel **1** round

[Joe Lonsdale](https://millionrounds.com/fund/joe-lonsdale) Corporate VC **1** round

[Lilly Ventures](https://millionrounds.com/fund/lilly-ventures) Corporate VC **1** round

[Section 32](https://millionrounds.com/fund/section-32) VC firm **1** round

[Coinbase](https://millionrounds.com/fund/coinbase-ventures) Corporate VC **1** round

[Patrick Collison](https://millionrounds.com/fund/patrick-collison) Angel **1** round

[Nat Friedman](https://millionrounds.com/fund/nat-friedman) VC firm **1** round

[Duke University](https://millionrounds.com/fund/duke-university) VC firm **1** round

[Joshua Kushner](https://millionrounds.com/fund/joshua-kushner) Angel **1** round

[Fred Ehrsam](https://millionrounds.com/fund/fred-ehrsam) VC firm **1** round

[John & Patrick Collison](https://millionrounds.com/fund/john-and-patrick-collison) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=newlimit).

## Also claim to have backed them

These 9 firms list NewLimit as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[8VC](https://millionrounds.com/fund/8vc) VC firm Per its own site

[S32](https://millionrounds.com/fund/s32) VC firm Per its own site

[Byers Capital](https://millionrounds.com/fund/byers-capital) Family office Per its own site

[Age1](https://millionrounds.com/fund/age1) VC firm Per its own site

[Kivu Ventures](https://millionrounds.com/fund/kivu-ventures) VC firm Per its own site

[Darco Capital](https://millionrounds.com/fund/darco-capital) Family office Per its own site

[Octant Ventures](https://millionrounds.com/fund/octant-ventures) VC firm Per its own site

[Peter H. Diamandis (PHD Ventures)](https://millionrounds.com/fund/peter-h-diamandis-phd-ventures) Family office Per its own site

[SciFounders](https://millionrounds.com/fund/scifounders) VC firm Per its own site

## Quick answers about NewLimit

### Who invested in NewLimit?

NewLimit's investors include Founders Fund, Kleiner Perkins, Khosla Ventures, Draper Associates and Valor Equity Partners, and 20 more on record. Founders Fund led its latest round.

### How much has NewLimit raised?

NewLimit has raised $610M across 3 rounds since 2025.

### When did NewLimit last raise?

NewLimit's most recent round was a Series C of $435M in Jun 2026, led by Founders Fund.

### What was NewLimit's biggest round?

Its most recent round, $435M in Jun 2026, is also its largest on record.

### Who backed NewLimit first?

NewLimit's first round on record, in May 2025, was backed by Kleiner Perkins, Khosla Ventures and Founders Fund and 13 others.

### What stage is NewLimit at?

NewLimit's latest named round is a Series C, in Jun 2026.

### Where is NewLimit based?

NewLimit is based in the United States.

### Who led NewLimit's rounds?

Kleiner Perkins led the Series B in 2025; Founders Fund led the Series C in 2026.

## Companies like NewLimit

In the same sector, and raised in the last eighteen months.

[**GPN Vaccines** $10B · Nov 2026](https://millionrounds.com/company/gpn-vaccines)[**Dren Bio** $375M · Oct 2026](https://millionrounds.com/company/dren-bio)[**DMC Biotechnologies** $19M · Oct 2026](https://millionrounds.com/company/dmc-biotechnologies)[**Caravel Bio** $9.0M · Oct 2026](https://millionrounds.com/company/caravel-bio)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
