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Sunbit revenue is $12.3 million

Sunbit is worth $1.1 billion valuation

Sunbit team size is 145 employees


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Sunbit

- Los Angeles, California, United States

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How Sunbit hit $12.3M Revenue with 7K customers in 2022.

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.

Founded

2015

Founded

Revenue

$12.3M

2022 Revenue

YOY
-----

YOY

Funding

$251.7M

Funding


Sunbit Revenue

In 2022, Sunbit revenue run rate hit $12.3M in revenue.

  • 2021

    Sunbit hit $12.3M in revenue in 2021

  • 2015

    Sunbit launched in 2015 with $0 revenue

$12.3M

Sunbit Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2021

    Sunbit raised a of $130M at a $970M valuation in May 2021

  • 2020 Series C

    Sunbit raised a Series C of $26M at a $125M valuation in September 2020

  • 2019

    Sunbit raised a of $5.3M at a $75M valuation in September 2019

  • 2019

    Sunbit raised a of $36.3M at a $50M valuation in June 2019

  • 2019 Series B

    Sunbit raised a Series B of $26M at a $71M valuation in June 2019

  • 2017 Series A

    Sunbit raised a Series A of $25M

  • 2016 Seed Round

    Sunbit raised a Seed Round of $2.9M at a $24.5M valuation in September 2016

  • 2016 Pre Seed Round

    Sunbit raised a Pre Seed Round of $120K

FUNDING DATEROUNDAMOUNTVALUATION
05/20/2021 $130M $970M
09/08/2020 Series C $26M $125M
09/27/2019 $5.3M $75M
06/12/2019 $36.3M $50M
06/12/2019 Series B $26M $71M
01/01/2017 Series A $25M
09/13/2016 Seed Round $2.9M $24.5M
01/01/2016 Pre Seed Round $120K

Team

Sunbit has 145 total employees and 24 sales reps that carry a quota. They have 7300 customers an engineering team of 18 and a marketing team of 2

2021
DISTRIBUTIONQTY
Total team size
145
Engineer
18(12%)
Sales
24(17%)
Marketing
2(1%)

CEO/Founder

Arad Levertov

Q&A

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Customers

Sunbit has 7K customers.

Lifetime Months

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x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

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$0$0024681012
$0$0024681012

Churn

Sunbit has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Sunbit

Monthly Revenue

$1M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Sunbit Board of Directors

NamePosition

Sunbit Executives

NamePosition
Arad Levertov CEO

Sunbit Employees

NamePosition
Arad Levertov CEO

Frequently Asked Questions about Sunbit

When was Sunbit founded?

Sunbit was founded in 2015.

How much revenue does Sunbit generate?

Sunbit generates $12.3M in revenue.

Who is the CEO of Sunbit?

The CEO of Sunbit is Arad Levertov.

How much funding does Sunbit have?

Sunbit was raised $251.7M.

How many employees does Sunbit have?

Sunbit has raised 145 employees.

Where is Sunbit headquarters?

Sunbit headquater is at United States