sunbit.comFinTech / LendingFounded: 2016Funding to Date: $429.98MM
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 | $1.13B | Group 11, Zeev Ventures, Migdal Insurance, Harel Group, AltaIR Capital, More Investment Hourse | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Group 11, Zeev Ventures, Migdal Insurance, Harel Group, AltaIR Capital, More Investment Hourse
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08/15/2020 | Series C | $30MM | $xx.xx | $168.95MM | 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
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06/12/2019 | Series B-1 | $5.32MM | $xx.xx | $118.29MM | Zeev Ventures, Group 11, Chicago 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Zeev Ventures, Group 11, Chicago Ventures
|
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06/12/2019 | Series B | $36.59MM | $xx.xx | $118.29MM | Zeev Ventures, Group 11, Chicago 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Zeev Ventures, Group 11, Chicago Ventures
|
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01/01/2017 | Series A | $9.93MM | $xx.xx | $36.04MM | 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Chicago Ventures, Group 11
|
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09/13/2016 | Series A-1 | $3.15MM | $xx.xx | $15.74MM | Group 11, Heroic Ventures, Chicago 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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Group 11, Heroic Ventures, Chicago Ventures, Polsky Holdings
|