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Sunbit

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
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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%
To view this company’s complete Cap Table, request access »

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
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Sunbit Executive Team (8)

Name Title Board
Seat
Contact
Info
Arad Levertov Co-Founder, Chief Executive Officer and Board Member
Ornit Dweck-Maizel Co-Founder, Chief Technology Officer & Executive, Research & Development
Rob Clifton Chief Accounting Officer
Eric Thaller Chief Capital Officer
Yair Erez Head of Product and Retail Strategy
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