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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.
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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.
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 |
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Sunbit serves 7.3K customers.
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.
Sunbit generates $260M in revenue.
Sunbit was founded by Arad Levertov.
The CEO of Sunbit is Arad Levertov.
Sunbit raised $210M across 6 rounds.
Sunbit has 493 employees.
Sunbit is headquartered in Los Angeles, California, United States.
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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Valuation
$1.1B
2024 Revenue
$260M
Customers
7.3K
Funding
$210M
YOY
36.1%
Avg ACV
$35.6K
Team · 2025
493
Founded
2016
| 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 |
| Series B |
| $26M |
| $71M |
| 37% |
| 2017 | Series A | $25M | - | - |
| 2016 | Seed Round | $2.9M | $24.5M | 12% |
| 2016 | Pre Seed Round | $120K | - | - |
| 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) |
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