Sunbit

Los Angeles, United States Founded: 2016 • Age: 10 yrs Unicorn
Point-of-sale financing is facilitated via an online platform for retailers.

About Sunbit

Sunbit is a Retail company based in Los Angeles (United States) founded in 2016 by Ornit Dweck-Maizel. Point-of-sale financing is facilitated via an online platform for retailers. It operates in the Retail and Financial Services sectors. Sunbit has raised $158.63 million across 7 funding rounds from investors including Citi, Ares Management and UBS. The company has 576 employees. Sunbit was last valued at $1.1 billion in January 2026. Its website sunbit.com draws about 677 thousand monthly visits. Sunbit offers products and services including Sunbit Pay-over-time Technology and Sunbit Card. Its focus areas include In Store Retail Tech, Purchase Financing, Shopper and FinTech. Its legal entity is Sunbit Now, LLC. Its competitors include Snap Finance, Uplift and Katapult; 2 of its 3 listed competitors have raised funding.

Company details

Sunbit was founded in 2016 in Los Angeles, United States, within the fintech sector. An online platform is operated to enable point-of-sale financing, where purchases by shoppers are divided into smaller payments by retailers. Repayment plans are selected by customers from available options. Tablets and scanners are supplied to sales associates, accompanied by training on system usage. Payment progress is monitored by customers through a dedicated application.

  • Headquarters Los Angeles, United States
  • Employees 576
  • Founders Ornit Dweck-Maizel
  • Stage Unicorn
  • Sectors
    Retail
    Financial Services
  • Website category Finance
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website sunbit.com
  • Social LinkedIn X Facebook
  • Legal Name Sunbit Now, Llc
Key Metrics
  • Total Equity Funding
    $158.63M (USD)

    in 7 rounds

  • Latest Funding Round
    $355M (USD), Debt – Conventional

    Nov 2024

  • Investors
    Citi

    & 22 more

  • Employee Count
    576

Products & Services of Sunbit

Sunbit offers a comprehensive portfolio of products and services, including Sunbit Pay-over-time Technology and Sunbit Card.

Sunbit Pay-over-time Technology
Financing Platform

Enables deferred payments for services like repairs and healthcare.

Sunbit Card
Credit Card

Offers fee-free credit for retail and service purchases over time.

Funding Insights of Sunbit

Sunbit has successfully raised a total of $158.63M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $355 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $158.63M
  • Total Rounds 7
  • Last Round Debt – Conventional β€” $355M
  • First Round $2.92M

    (Mar 2016)

  • Investors Count 23

All 7 funding rounds of Sunbit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$355MDebt – Conventional––
Jan 2024$310MDebt – Conventional––
Dec 2022$250MDebt – Conventional––
Jun 2021$87.8MSeries D$1.1BGroup 11
Jun 2019$26MSeries B–Zeev Ventures
Mar 2018$41.91MSeries B–Zeev Ventures
Mar 2016$2.92MSeed––
–
Valuation history
DateValuationStage
Jun 2021$1.1Bβ€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $1.1B (Jan 2026). 23 investors in total: 23 institutional.

Investors in Sunbit

Sunbit has secured backing from 23 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Ares Management and UBS.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Alternative asset investment management firm
1997aresmgmt.comLos Angeles, United States
Investments in fintech companies are made by Group 11.
group11.vcBeverly Hills, United States
Investments in early-stage startups are made by Zeev Ventures.
zeevventures.comPalo Alto, United States
Early-stage tech VC funding is provided in US, Europe, Israel.
altair.vcSan Francisco, United States
Long-short strategy hedge fund and venture capital firm investing in tech companies
2006moreinvest.co.ilRamat Gan, Israel
VC firm investing in seed stage tech companies in the US
chicagoventures.comChicago, United States
Investments in lower mid-market companies are managed by Skydeck Capital.
skydeckllc.comChicago, United States
Venture capital investing and portfolio management services for accredited investors.
av.vc
Early-stage investments are directed toward consumer brands by this fund.
startingline.vcChicago, United States
Growth-stage technology companies are funded via primary and secondary investments.
gsquared.comChicago, United States
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Investor details for Sunbit

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People of Sunbit

105 people are tracked at Sunbit (31 in leadership, 74 in team); the tracked headcount is 576.

NameRoleGroup
Ornit Dweck-Maizel
Co-Founder & CTOLeadership
Yair Erez
VP, Product & Retail StrategyLeadership
Idan Tzror
Chief Retail OfficerLeadership
Roy Bercovich
General ManagerLeadership
Tal Riesenfeld
Co-Founder & Head of SalesLeadership
Bill Walsh
Chief Customer OfficerLeadership
Cindy Muscio
Head Of DataLeadership
James Paris
Chief Capital OfficerLeadership
Katey Berman
VP, Customer SuccessLeadership
Arad Levertov
Co-Founder & CEOLeadership
Laura Kahana
Chief of StaffLeadership
Tal Tsach-Cohen
Head Of Technical Compliance And Team LeadLeadership
Jay Letwat
VP, DentalLeadership
Shay Fainberg
Chief Information Security OfficerLeadership
Debora Martins Matra
Strategy & Operations DirectorLeadership
Doron Sinai
Head Of R&d, Customer GroupLeadership
Gabi Konfi
Head Of Product, Core Company (accounting, Capital And Legal Domains)Leadership
Michael S.
Customer Care Manager - Partner & Digital SupportLeadership
Adi Bonn Segal
Head Of HR Sunbit ILLeadership
Geoffrey Q.
Director Of Customer CareLeadership

85 more people are available in the full profile.

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Timeline of Sunbit

4 dated milestones of Sunbit across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sunbit is founded.
  2. Funding First funding round of $2.9M.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Debt – Conventional, of $355.0M.

Competitors of Sunbit

Sunbit has 3 listed competitors in our database, 2 of them funded. They include Snap Finance, Uplift and Katapult.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
snapfinance.com2012Salt Lake, United States$30.09M621
Merchandise financing is offered through partner stores.
uplift.com2014Sunnyvale, United States$146.2M119
Point-of-sale financing for travel bookings is offered by Uplift.
katapult.com2014New York, United States
An online platform for point-of-sale financing is offered to retailers.
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Web traffic of Sunbit

The website of Sunbit (sunbit.com) receives about 677K visits a month and ranks #75,614 among all websites worldwide, #4,771 in Finance.

  • Monthly visits
    677K

    ▼ 3.3% vs previous month

  • Unique visitors
    388.3K

    per month

  • Global rank
    #75,614

    among all websites

  • Category rank
    #4,771

    Finance · Finance

Similar websites

Websites whose visitors overlap most with Sunbit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mysunbit.com
mysunbit.com
100%
#158,900–
affirm.com
67%
23.7M#1,694View details
dentistadvisors.com
dentistadvisors.com
58%
#3,324,518–
easypayfinance.com
58%
201.5K#187,527View details
chase.com
52%
198.6M#125View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Autonomous & In-Store Retail Tech

3 companies that operate in the same segment as Sunbit (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
POS solutions are provided for retail businesses.
2009San Francisco, California, United StatesUSD 519.75 MUSD 24.19 B6,214
Provider of cloud-based POS software solutions for businesses and service providers
1999San Francisco, California, United StatesUSD 923 M2,684
Point-of-sale financing is enabled for installment purchases at partnered retailers.
2016Minneapolis, Minnesota, United StatesUSD 17.51 MUSD 450.28 M408
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Related news about Sunbit

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Frequently Asked Questions about Sunbit

Sunbit was founded in 2016.

Sunbit is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Sunbit is a funded company, having raised a total of $158.63M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2.92M, raised on Mar 2016.

Sunbit has 576 employees.

Sunbit was founded in 2016 in Los Angeles, United States, within the fintech sector. An online platform is operated to enable point-of-sale financing, where purchases by shoppers are divided into smaller payments by retailers. Repayment plans are selected by customers from available options. Tablets and scanners are supplied to sales associates, accompanied by training on system usage. Payment progress is monitored by customers through a dedicated application.

Sunbit's top competitors include Snap Finance, Katapult and Uplift.

Sunbit offers Sunbit Pay-over-time Technology and Sunbit Card.

Sunbit has 23 investors. Key investors include Citi, Ares Management, UBS, J P Morgan, and Credit Suisse.

The valuation of Sunbit is $1.1B as of Jan 2026.

Sunbit operates through Sunbit Now, Llc.

The website of Sunbit receives about 677 thousand visits a month and ranks #75,614 among all websites worldwide.

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