Sunbit key facts
- Developer of a preferred payment platform designed to split up purchases into easier and smaller payments.
- It has raised $1.1B across 4 recorded rounds; the latest was Later Stage VC ($87.8M) in Jun 2021.
- Notable investors include Alumni Ventures, Transpose Platform Management, G Squared, AltaIR Capital, Chestnut Street Ventures — 16 tracked in total.
- Sunbit has filed 5 Form Ds with the SEC since 2016, most recently Jun 2021 ($87.8M sold to 24 investors).
- Status: Privately Held (backing).
Who backs Sunbit
16+- ·The complete investor list: 16 names
- ·Watch Sunbit: the Monday email on marks, rounds and moves
Sunbit funding rounds
4 roundsHow much has Sunbit raised?
Sunbit has raised $1.1 billion in total; 4 of its rounds are on record, from 2016 on. The largest on record was an $87.8 million later-stage round in Jun 2021.
Sunbit has filed 5 Form Ds with the SEC since 2016, most recently in Jun 2021 ($87.8 million sold to 24 investors).
Sunbit investors
16 investors are on record for Sunbit, including Alumni Ventures, Transpose Platform Management, G Squared and AltaIR Capital. By type, the record holds 8 venture capital firms and 1 family office. The later-stage round in Jun 2021 drew 24 investors.
About Sunbit
Developer of a preferred payment platform designed to split up purchases into easier and smaller payments. The company's artificial intelligence and machine learning technology approves the majority of people who apply and eases the stress of paying for expenses by giving people more options on how and when to pay, offers a point-of-sale lending technology available at several service locations, including auto dealership service centers, optical practices, dentist offices, and specialty healthcare services, enabling clients to eliminate financial waste and passing the savings back to the people.
- Sector
- Information Technology
- HQ
- Los Angeles, CA, United States
- Founded
- 2015
- Employees
- 480
- Website
- sunbit.com/
- Ownership
- Privately Held (backing)
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Sunbit doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.