Valuation · 2021
$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)
Sunbit generated $260M in revenue in 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 | Not recorded |
| 2023 | Sunbit Hit $191m revenue in December 2023 | Not recorded |
| 2022 | Sunbit Hit $129m revenue in December 2022 | Not recorded |
| 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% | Not recorded |
| 2020 | Series C | $26M | $125M | 21% | Not recorded |
| 2019 | Series B | $26M | $71M | 37% | Not recorded |
| 2017 | Series A | $25M | - | - | Not recorded |
| 2016 | Seed | $2.9M | $24.5M | 12% | Not recorded |
| 2016 | Pre-Seed | $120K | - | - | Not recorded |
Founder / CEO
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) | Not recorded |
| 2024 | Reached 408 employees (December 2024) | Not recorded |
| 2024 | Reached 398 employees (September 2024) | Not recorded |
| 2023 | Reached 358 employees (December 2023) | Not recorded |
| 2022 | Reached 365 employees (December 2022) | Not recorded |
| 2021 | Reached 261 employees (December 2021) | Not recorded |
| 2021 | Reached 145 employees (April 2021) | Not recorded |
Frequently Asked Questions about Sunbit
What is Sunbit's revenue?
As of 2024, Sunbit generated $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?
As of 2025, Sunbit had 493 employees.
Where is Sunbit headquartered?
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.
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