Sunbitrevenue, valuation & funding
Los Angeles, CaliforniaFounded 2016CEO Arad Levertov
Sunbit revenue
Sunbit's annual revenue was $260M in November 2024 (source not recorded), the most recent figure on record. That is up 36% from $191M a year earlier.
All 3 revenue readings, with sources
| 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 LevertovFounder & 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
What is Sunbit's revenue?
Sunbit's annual revenue was $260M in November 2024 (source not recorded). No later figure is on record.
What is Sunbit's valuation?
Investors valued Sunbit at $1.1B in its May 2021 Series D.
How much funding has Sunbit raised?
Sunbit has raised $210M across six funding rounds. The latest was a $130M Series D in May 2021.
Is Sunbit publicly traded?
No. Sunbit is a private company, so its shares aren't traded on a stock exchange.
How many employees does Sunbit have?
Sunbit has 493 employees as of November 2025, according to LinkedIn.
Who is the CEO of Sunbit?
Arad Levertov is the CEO of Sunbit and founded the company in 2016.
Who founded Sunbit?
Arad Levertov founded Sunbit in 2016.
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