Sunbit
2015
FOUNDED
PRIVATE
STATUS
91-100
EMPLOYEES
Series B1
LATEST DEAL TYPE
$5.32M
LATEST DEAL AMOUNT
6
INVESTORS
Description
Developer of a preferred financing and payment method platform designed to split up purchases into easier and smaller payments. The company's platform helps financing in-store purchases for consumers across the credit spectrum, enabling users to eliminate financial waste and passing the savings back to the people.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Primary Office
- 10880 Wilshire Boulevard
- Suite 870
- Los Angeles, CA 90024
- United States
+1 (310) 000-0000
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Sunbit Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series B1) | 27-Sep-2019 | $5.32M | 000.00 | 000.00 | Completed | Generating Revenue |
| 3. Early Stage VC (Series B) | 12-Jun-2019 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
| 2. Early Stage VC (Series B) | 14-May-2019 | $26M | $28.9M | 0000 | Completed | Generating Revenue |
| 1. Early Stage VC (Series A) | 13-Sep-2016 | $2.92M | $2.92M | 000.00 | Completed | Generating Revenue |
Sunbit Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series B1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A1 | 1,102,584 | $0.000010 | $0.23 | $2.86 | $2.86 | 1x | $2.86 | 4.93% |
| Series A | 2,439,662 | $0.000010 | $0.33 | $4.07 | $4.07 | 1x | $4.07 | 10.91% |
Sunbit Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Alumni Ventures Group | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Zeev Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Chicago Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Group 11 | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| The Yard Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Sunbit Executive Team (8)
You’re viewing 5 of 8 executives. Get the full list »Sunbit Board Members (5)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Arad Levertov | Sunbit | Co-Founder, Chief Executive Officer and Board Member | 000 0000 | |
| Dovi Frances | Group 11 | Board Member | 000 0000 | |
| Oren Zeev | Zeev Ventures | Board Member | 000 0000 | |
| Stuart Larkins | Self | Executive Officer & Board Member | 000 0000 | |
| Tal Riesenfeld | Sunbit | Co-Founder, Board Member & Vice President, Sales | 000 0000 |