Sorbet (Financial Software) Overview
- Year Founded
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2019
- Status
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Out of Business
- Employees
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133
- Latest Deal Type
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Out of Business
Sorbet (Financial Software) General Information
Description
Developer of an online financial platform designed to convert employees' unused paid time off into cash. The company's platform integrates and syncs with the employer's existing calendars and payroll systems to identify habits and analyze time management patterns, enabling clients to proactively suggest personalized and pre-approved micro-breaks and vacations that fit the employee's personal preferences.
Contact Information
Website
www.getsorbet.comCorporate Office
- 41 East 11th Street
- 11th Floor
- New York, NY 10003
- United States
Corporate Office
- 41 East 11th Street
- 11th Floor
- New York, NY 10003
- United States
Sorbet (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Out of Business | 20-May-2026 | Completed | Out of Business | |||
| 3. General Corporate Purpose | 03-Jun-2025 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series 3) | 24-Jun-2021 | $15M | $22.5M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 30-Apr-2021 | $7.5M | $7.5M | Completed | Generating Revenue |
Sorbet (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 14,811 | $0.001000 | $90.14 | $90.14 | 1x | $90.14 | 10.6% | |
| Seed | 32,300 | $0.001000 | $161.32 | $161.32 | 1x | $161.32 | 23.11% |
Sorbet (Financial Software) Signals
Sorbet (Financial Software) FAQs
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When was Sorbet (Financial Software) founded?
Sorbet (Financial Software) was founded in 2019.
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Where is Sorbet (Financial Software) headquartered?
Sorbet (Financial Software) is headquartered in New York, NY.
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What is the size of Sorbet (Financial Software)?
Sorbet (Financial Software) has 133 total employees.
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What industry is Sorbet (Financial Software) in?
Sorbet (Financial Software)’s primary industry is Other Financial Services.
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Is Sorbet (Financial Software) a private or public company?
Sorbet (Financial Software) is a Private company.
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What is Sorbet (Financial Software)’s current revenue?
The current revenue for Sorbet (Financial Software) is .
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How much funding has Sorbet (Financial Software) raised over time?
Sorbet (Financial Software) has raised $47.5M.
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