Sunbitrevenue, valuation & funding
Los Angeles, CaliforniaFounded 2016CEO Arad Levertov
Sunbit revenue
Sunbit's annual revenue was $260M in November 2024, the most recent figure on record. That is up 36% from $191M a year earlier.
| As of | Revenue | Source |
|---|---|---|
| Dec 2022 | $129M | – |
| Dec 2023 | $191M | – |
| Nov 2024 | $260M | – |
– source not recorded
Sunbit valuation
Sunbit is privately held, so there is no Sunbit stock to buy. Investors valued it at $1.1B in its May 2021 Series D.
Valuation history$1.1B Series D 2021$125M Series C 2020$71M Series B 2019$24.5M Seed 2016
Sunbit funding rounds & investors
Sunbit has raised $210M across six rounds since 2016. The latest was a $130M Series D in May 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| May 2021 | Series D | $130M | $1.1B |
| Sep 2020 | Series C | $26M | $125M |
| Jun 2019 | Series B | $26M | $71M |
| 2017 | Series A | $25M | – |
| Sep 2016 | Seed | $2.9M | $24.5M |
| 2016 | Pre-Seed | $120K | – |
| Total raised | $210M |
Sunbit competitors
Sunbit competes most directly with Splitit.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
| Sunbit | $260M | $210M | 493 | 7.3K | 2016 |
 Splitit | $10.9M | – | 81 | 310K | 2009 |
Sunbit CEO, founders & employees
Arad Levertov founded Sunbit in 2016 and runs it as CEO. Sunbit has 493 employees (November 2025, LinkedIn), up from 408 a year earlier.
- Arad LevertovCo-founder & CEO
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 493 | |
| Dec 2024 | 408 | |
| Sep 2024 | 398 | |
| Dec 2023 | 358 | |
| Dec 2022 | 365 | |
| Dec 2021 | 261 | |
| Apr 2021 | 145 | – |
Sunbit FAQ
How much money does Sunbit make?
The most recent figure is $260M in annual revenue, from November 2024.
How much is Sunbit worth?
Companies don't publish a net worth. The closest figure is Sunbit's valuation: $1.1B, set in May 2021.
Who owns Sunbit?
Sunbit is privately held by its founders, employees and investors.
Is Sunbit publicly traded?
No. Sunbit is a private company, so its shares are not listed on a stock exchange.
How much funding has Sunbit raised?
$210M across 6 rounds; the latest was a $130M Series D in May 2021.
Who is the CEO of Sunbit?
Arad Levertov, a co-founder.
Who founded Sunbit?
Arad Levertov, in 2016.
How many employees does Sunbit have?
About 493 as of November 2025 (LinkedIn).
Categories
Companies in
How this page is sourced
6 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Nov 28, 2025Data disclaimerReport a correctionClaim this profileRun Sunbit? Join the podcast