Limit Break Valuation, Funding & Investors

Limit Break is valued at $1.8B as of August 2022.

Last Limit Break valuation

$1.8B

Undisclosed stage · Aug 2022

Last Limit Break funding round

$200M

Undisclosed stage · Aug 2022

Cumulative funding Limit Break raised

$200M

across 1 funding round

Key investors in Limit Break

  • SV Angel
  • Coinbase Ventures
  • Paradigm
  • FTX
  • Shervin Pishevar
  • Buckley Ventures

Limit Break Overview

About Limit Break

Limit Break develops blockchain-based games, adapting free-to-play models from mobile gaming to Web3 ecosystems. Founders from the mobile gaming sector drive its portfolio of immersive titles.


Founded

2021

HQ

United StatesPark City, UT

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$1.8B (Aug 2022)

Limit Break Valuation

Limit Break is currently valued at $1.8B, based on its undisclosed-stage round in August 2022. Read the announcement ↗

The $200M round was led by Buckley Ventures and Standard Crypto, with participation from Positive Sum, SV Angel, Coinbase Ventures, Shervin Pishevar, Alex Adelman and 2 other investors.

Limit Break valuation by funding round

Limit Break valuation by funding round
DateStageValuation
Aug 2022Undisclosed stage$1.8B

Limit Break Funding History

Limit Break has raised a total of $200M across 1 funding round.

Limit Break funding rounds

Limit Break funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2022Undisclosed stageBuckley Ventures (lead); Standard Crypto (lead); Positive Sum; SV Angel; Coinbase Ventures; Shervin Pishevar; Alex Adelman; Paradigm; FTX$200M$1.8BLimit Break is a Web3-focused gaming company founded by Gabriel Leydon and Halbert Nakagawa that combines blockchain technology with gaming to create digital collectibles and NFT-based gaming experiences. The company raised $200 million on August 29, 2022 from investors including Buckley Ventures, Standard Crypto, Paradigm Ventures, Coinbase Ventures, and others, positioning it as a well-funded player in the blockchain gaming segment. The acquisition of FreeNFT highlighted the company's strategic expansion within the Web3 ecosystem, demonstrating ambitions to bundle blockchain gaming solutions with digital collectible offerings.

Who has invested in Limit Break?

9 investors have backed Limit Break across its funding rounds, including SV Angel, Coinbase Ventures, Paradigm, FTX, Shervin Pishevar and Buckley Ventures.

Lead investors include Buckley Ventures and Standard Crypto.


Limit Break Investors

Investors in Limit Break by funding rounds participated
InvestorHQRoundsRoleFirst check
Positive SumUnited StatesStamford, CT1ParticipantAug 2022
SV AngelUnited StatesSan Francisco, CA1ParticipantAug 2022
Coinbase VenturesUnited StatesSan Francisco, CA1ParticipantAug 2022
Buckley VenturesUnited StatesSan Francisco, CA1LeadAug 2022
Shervin PishevarUnited StatesSan Francisco, CA1ParticipantAug 2022
Alex AdelmanUnited StatesUnited States1ParticipantAug 2022
Standard CryptoUnited StatesSan Francisco, CA1LeadAug 2022

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Limit Break Competitors

Limit Break competitors include listed companies like Sharplink and Securitize, and private ones like Mythical Games, Scroll.io, DFINITY and CoinSwitch.

Public and private companies comparable to Limit Break
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Mythical GamesUnited StatesLos Angeles, CAPrivate--$1B-
Scroll.ioUnited StatesMountain View, CAPrivate--$1.8B-
DFINITYSwitzerlandZurichPrivate--$1.9B-
CoinSwitchIndiaBangalorePrivate$24M-$1.9B-
SharplinkUnited StatesUnited StatesPublicly listed$28M($734M)$1.5B32.0x
SecuritizeUnited StatesUnited StatesPublicly listed$62M($34M)$1.2B19.0x

Limit Break Public Comps

Limit Break is still privately-owned, but its public comps include Alpha, Nazara Technologies, Ourpalm, Netmarble, mixi, YOOZOO Games, DeNA, Embracer Group, Sharplink and Modern Times Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Alpha$372M$28M4.7x-61.9x-
Nazara Technologies$192M$30M8.8x5.9x55.5x39.3x
Ourpalm$106M($31M)11.9x12.3x(40.3x)99.2x
Netmarble$2.1B$400M1.0x1.0x5.4x6.6x
mixi$1.1B$215M0.9x0.8x4.5x4.6x
YOOZOO Games$211M($15M)7.0x7.2x(97.0x)(72.8x)
DeNA$937M$174M1.1x1.1x5.7x6.5x
Embracer Group$1.6B$412M1.1x1.0x4.4x4.4x

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Common questions about Limit Break

When was Limit Break founded?Limit Break was founded in 2021.
Where is Limit Break headquartered?Limit Break is headquartered in Park City, UT, United States.
Is Limit Break publicly listed?No, Limit Break is a private, VC-backed company.
What is Limit Break's valuation?Limit Break was last valued at $1.8B in its undisclosed-stage round in August 2022.
How much funding has Limit Break raised?Limit Break has raised $200M across 1 funding round.
What was Limit Break's last funding round?Limit Break's last funding round was a $200M undisclosed-stage round in August 2022, led by Buckley Ventures and Standard Crypto.
Who are Limit Break's investors?Limit Break's investors include Positive Sum, SV Angel, Coinbase Ventures, Buckley Ventures, Shervin Pishevar, Alex Adelman, Standard Crypto, Paradigm and FTX.
Which companies are comparable to Limit Break?Companies comparable to Limit Break include Mythical Games, Scroll.io, DFINITY, CoinSwitch, Sharplink and Securitize.

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