Ukrainian-Created Platform Limitless Raises $10M
As Scroll.media has learned, the Ukrainian-founded platform Limitless has raised $10 million in seed funding.
- Investors in the round include 1confirmation, Collider, F-Prime, DCG, Coinbase Ventures, Node Capital, and Arrington Capital.
- Limitless co-founder Roman Mogylnyi also announced that Ukrainian investment firms SID Venture Partners and Flyer One Ventures joined the round. F1V noted that it had already invested in the company’s previous round.
- This new raise comes just four months after Limitless announced a $4 million round in June 2025.
- Earlier, the startup had also secured $3 million in pre-seed funding.
- The latest funds will be used to accelerate product development, launch new services, and expand the user base.
In recent months, Limitless has demonstrated strong momentum: trading volume has doubled to exceed $508 million, compared to $260 million reported in the summer. The company continues to grow rapidly, and in just the first half of October, it surpassed all of September’s performance metrics. Interest in Limitless is also increasing as the team prepares to introduce its own LMTS token soon.
What Limitless Does
Limitless is building a platform that lets users create and bet on prediction events — for example, whether a single Google share will cost $253 by the end of October, or whether XRP will reach $2.42 by October 21. These events are user-generated, and participants place bets with their own funds.
Importantly, Limitless is not a bookmaker but a peer-to-peer platform allowing users to play against each other.
The startup was founded by Ukrainians Roman Mogylnyi, (co-founder of Reface) and Dmytro Horshkov (also formerly with Reface).
Market Potential
Similar prediction platforms — such as Polymarket and Kalshi — have experienced explosive growth over the past year.
- Polymarket’s valuation has reached $9 billion, after raising $2 billion from Intercontinental Exchange (ICE), the parent company of the NYSE American stock exchange.
- Meanwhile, Kalshi raised $300 million from Sequoia Capital and Andreessen Horowitz, pushing its valuation to $5 billion.
The broader prediction market sector is expanding fast, with $2 billion in total trading volume recorded last week alone. Daily trading on Polymarket has already exceeded $202 million, up from $100 million in August. In mid-October, 6.6 million transactions took place across four major platforms: Kalshi led with 3.57 million, followed by Polymarket (2.5 million), Limitless (378,000), and Myraid (66,400).
These figures highlight Limitless’s strong upward trajectory, with trading volume and transaction counts growing monthly. Given how quickly Polymarket and Kalshi have scaled and increased valuations in recent months, Limitless appears poised for another funding round in the near future.
Ukrainian-Created Platform Limitless Raises $10M
As Scroll.media has learned, the Ukrainian-founded platform Limitless has raised $10 million in seed funding.
- Investors in the round include 1confirmation, Collider, F-Prime, DCG, Coinbase Ventures, Node Capital, and Arrington Capital.
- Limitless co-founder Roman Mogylnyi also announced that Ukrainian investment firms SID Venture Partners and Flyer One Ventures joined the round. F1V noted that it had already invested in the company’s previous round.
- This new raise comes just four months after Limitless announced a $4 million round in June 2025.
- Earlier, the startup had also secured $3 million in pre-seed funding.
- The latest funds will be used to accelerate product development, launch new services, and expand the user base.
In recent months, Limitless has demonstrated strong momentum: trading volume has doubled to exceed $508 million, compared to $260 million reported in the summer. The company continues to grow rapidly, and in just the first half of October, it surpassed all of September’s performance metrics. Interest in Limitless is also increasing as the team prepares to introduce its own LMTS token soon.
What Limitless Does
Limitless is building a platform that lets users create and bet on prediction events — for example, whether a single Google share will cost $253 by the end of October, or whether XRP will reach $2.42 by October 21. These events are user-generated, and participants place bets with their own funds.
Importantly, Limitless is not a bookmaker but a peer-to-peer platform allowing users to play against each other.
The startup was founded by Ukrainians Roman Mogylnyi, (co-founder of Reface) and Dmytro Horshkov (also formerly with Reface).
Market Potential
Similar prediction platforms — such as Polymarket and Kalshi — have experienced explosive growth over the past year.
- Polymarket’s valuation has reached $9 billion, after raising $2 billion from Intercontinental Exchange (ICE), the parent company of the NYSE American stock exchange.
- Meanwhile, Kalshi raised $300 million from Sequoia Capital and Andreessen Horowitz, pushing its valuation to $5 billion.
The broader prediction market sector is expanding fast, with $2 billion in total trading volume recorded last week alone. Daily trading on Polymarket has already exceeded $202 million, up from $100 million in August. In mid-October, 6.6 million transactions took place across four major platforms: Kalshi led with 3.57 million, followed by Polymarket (2.5 million), Limitless (378,000), and Myraid (66,400).
These figures highlight Limitless’s strong upward trajectory, with trading volume and transaction counts growing monthly. Given how quickly Polymarket and Kalshi have scaled and increased valuations in recent months, Limitless appears poised for another funding round in the near future.
