Sunbit Overview

  • Founded
  • 2015

Founded
  • Status
  • Private

  • Employees
  • 480

Employees
  • Latest Deal Type
  • Series D

  • Latest Deal Amount
  • $130M

  • Investors
  • 14

Sunbit General Information

Description

Developer of a preferred payment platform designed to split up purchases into easier and smaller payments. The company's artificial intelligence/machine learning technology approves the majority of people who apply and eases the stress of paying for life's expenses by giving people more options on how and when to pay, offers a point-of-sale lending technology available at several service locations, including auto dealership service centers, optical practices, dentist offices, and specialty healthcare services, enabling clients to eliminate financial waste thereby passing the savings back to the people.

Contact Information

Website
www.sunbit.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Primary Office
  • PO Box 24010
  • Los Angeles, CA 90024
  • United States
+1 (855) 000-0000

Sunbit Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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Sunbit Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series D) 20-May-2021 $130M 00000 00.00 Completed Generating Revenue
6. Later Stage VC (Series C) 0000 00000 00000 Completed Generating Revenue
5. Debt - PPP 03-May-2020 00000 Completed Generating Revenue
4. Early Stage VC (Series B1) 27-Sep-2019 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 12-Jun-2019 000.00 000.00 0000 Completed Generating Revenue
2. Early Stage VC (Series B) 14-May-2019 $26M $28.9M 0000 Completed Generating Revenue
1. Early Stage VC (Series A1) 13-Sep-2016 $2.92M $2.92M 000.00 Completed Generating Revenue
To view Sunbit’s complete valuation and funding history, request access »

Sunbit Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D 0,000,000 00.000000 00.00 000.00 000.00 00 000.00 00.000
Series C 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
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 3.36%
Series A 2,439,662 $0.000010 $0.33 $4.07 $4.07 1x $4.07 7.44%
To view Sunbit’s complete cap table history, request access »

Sunbit Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a preferred payment platform designed to split up purchases into easier and smaller payments. The company's
Financial Software
Los Angeles, CA
480 As of 2022
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0.00 0000-00-00
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000000000 00000000
Des Moines, IA
000 As of 0000
000.00
0000 0000-00-00
00000000000 000.00

000000

od tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercit
000000000 00000000
Stockholm, Sweden
0000 As of 0000
00.000
0.00 0000-00-00
0000000000 0 00.000
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Sunbit Competitors (31)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Dwolla Venture Capital-Backed Des Moines, IA 000 000.00 00000000000 000.00
000000 Venture Capital-Backed Stockholm, Sweden 0000 00.000 0000000000 0 00.000
00000000 Formerly Accelerator/Incubator backed Vancouver, Canada 000.00 000000&0 000.00
0000 (000000000 00 Venture Capital-Backed London, United Kingdom 00 000.00 00000000000 000.00
000000000 Formerly VC-backed Chicago, IL 000 000.00 000000&0 000.00
You’re viewing 5 of 31 competitors. Get the full list »

Sunbit Patents

Sunbit Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10902513-B1 Debit-based microloan financing Active 02-May-2017 0000000000 00

Sunbit Executive Team (12)

Name Title Board Seat Contact Info
Arad Levertov Co-Founder, Chief Executive Officer and Board Member
Ornit Dweck-Maizel Co-Founder & Chief Technology Officer
Rob Clifton Chief Accounting Officer
Bill Walsh Chief Customer Officer
Soo Hong Chief People Officer
You’re viewing 5 of 12 executive team members. Get the full list »

Sunbit Board Members (6)

Name Representing Role Since
Arad Levertov Sunbit Co-Founder, Chief Executive Officer and Board Member 000 0000
Dovi Frances Group 11 Board Member 000 0000
Guy Fischer Migdal Insurance and Financial Holdings Board Observer 000 0000
Oren Zeev Zeev Ventures Board Member 000 0000
Stuart Larkins Chicago Ventures Board Member 000 0000
You’re viewing 5 of 6 board members. Get the full list »

Sunbit Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Sunbit Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
AltaIR Capital Venture Capital Minority 000 0000 000000 0
Chestnut Street Ventures Venture Capital Minority 000 0000 000000 0
G Squared Venture Capital Minority 000 0000 000000 0
Migdal Insurance and Financial Holdings Limited Partner Minority 000 0000 000000 0
MORE Investment House Asset Manager Minority 000 0000 000000 0
You’re viewing 5 of 14 investors. Get the full list »