Valuation
$1.1B
2024 Revenue
$260M
Customers
7.3K
Funding
$210M
YOY
36.1%
Avg ACV
$35.6K
Team · 2025
493
Founded
2016
Sunbit Revenue, Valuation & Funding (2024)
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.
Last updated
Sunbit Revenue
In 2024, Sunbit's revenue reached $260M. The company previously reported $191M in 2023. Since its launch in 2016, Sunbit has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Sunbit Hit $260m revenue in November 2024 | |
| 2023 | Sunbit Hit $191m revenue in December 2023 | |
| 2022 | Sunbit Hit $129m revenue in December 2022 | |
| 2016 | Launched with $0 revenue |
Sunbit Valuation, Funding Rounds
Sunbit reached a $1.1B valuation in 2021, set during its Series D round.
Sunbit has raised $210M in total funding across 6 rounds, most recently a $130M Series D round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series D | $130M | $1.1B | 12% | |
| 2020 | Series C | $26M | $125M | 21% | |
| 2019 | Series B | $26M | $71M | 37% | |
| 2017 | Series A | $25M | - | - | |
| 2016 | Seed Round | $2.9M | $24.5M | 12% | |
| 2016 | Pre Seed Round | $120K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Sunbit serves 7.3K customers.
Sunbit Employees & Team Size
Sunbit employs approximately 493 people as of 2026, up from 408 in 2024, including 24 sales reps that carry a quota. It serves 7.3K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 493 employees (November 2025) | |
| 2024 | Reached 408 employees (December 2024) | |
| 2024 | Reached 398 employees (September 2024) | |
| 2023 | Reached 358 employees (December 2023) | |
| 2022 | Reached 365 employees (December 2022) | |
| 2021 | Reached 261 employees (December 2021) | |
| 2021 | Reached 145 employees (April 2021) |
Frequently Asked Questions about Sunbit
What is Sunbit's revenue?
Sunbit generates $260M in revenue.
Who founded Sunbit?
Sunbit was founded by Arad Levertov.
Who is the CEO of Sunbit?
The CEO of Sunbit is Arad Levertov.
How much funding does Sunbit have?
Sunbit raised $210M across 6 rounds.
How many employees does Sunbit have?
Sunbit has 493 employees.
Where is Sunbit headquarters?
Sunbit is headquartered in Los Angeles, California, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Via
Via builds innovative software to enable our customers — cities, transit agencies, transport...
OEC
Playing our part right from the start. Back in 2000, OEMs were facing a huge hurdle selling parts...
Talrop
Talrop is a technology-based company specializing in building diverse hybrid ecosystems across...
Youzan
Provider of a merchant servicing platform intended to focus in the field of retail science and...
Abrigo
Abrigo provides market-leading compliance, credit risk, and lending solutions to enable its...
Gemini
Our mission is to unlock the next era of financial, creative, and personal freedom. Gemini (NASDAQ...
