Sunbit is a “buy now, pay later” technology of local service providers and retailers. This company was founded by Arad Levertov, Ornit Dweck-Maizel, Tal Riesenfeld and Tamir Hazan in 2016 and is headquartered in Greater Los Angeles Area, CA. Sunbit mainly gives its customers the option to split their purchases into smaller payments. Sunbit technology is offered in-store and online including auto dealership service centers, optical practices, dentist offices, and specialty health care services.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/20/2021 | Series D | $130MM | $xx.xx | $113.26B | Altair Capital, Group 11, Harel Group, Migdal Insurance, More Investment Hourse, Zeev Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,874,678
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altair Capital, Group 11, Harel Group, Migdal Insurance, More Investment Hourse, Zeev Ventures
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08/15/2020 | Series C | $30MM | $xx.xx | $16.89B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
5,538,426
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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06/12/2019 | Series B-1 | $5.32MM | $xx.xx | $11.83B | Chicago Ventures, Group 11, Zeev Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,482,724
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chicago Ventures, Group 11, Zeev Ventures
|
||||||
06/12/2019 | Series B | $36.59MM | $xx.xx | $11.83B | Chicago Ventures, Group 11, Zeev Ventures | |
Price per Share
$xx.xx
Shares Outstanding
8,150,884
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chicago Ventures, Group 11, Zeev Ventures
|
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01/01/2017 | Series A | $9.93MM | $xx.xx | $3.6B | Chicago Ventures, Group 11 | |
Price per Share
$xx.xx
Shares Outstanding
2,439,662
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chicago Ventures, Group 11
|
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09/13/2016 | Series A-1 | $3.15MM | $xx.xx | $1.57B | Chicago Ventures, Group 11, Heroic Ventures, Polsky Holdings | |
Price per Share
$xx.xx
Shares Outstanding
1,102,584
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chicago Ventures, Group 11, Heroic Ventures, Polsky Holdings
|