Tech Company Financing Transactions

Sunbit Funding Round

On 5/21/2021, Sunbit raised $130 million in Series D funding from Group 11, AltaIR Capital and Harel Insurance.

Transaction Overview

Company Name
Announced On
5/21/2021
Transaction Type
Venture Equity
Amount
$130,000,000
Round
Series D
Investors
Proceeds Purpose
With the new investment, the company plans to expand its merchant footprint to reach more retailers and service providers, online and offline.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
10880 Wilshire Blvd. 870
Los Angeles, CA 90024
USA
Email Address
Overview
Sunbit is a financial technology company that makes financing in-store purchases at the point of sale fast, fair and easy for consumers across the credit spectrum. Leveraging data-driven, machine learning algorithms, Sunbit's technology offers a sub-30-second application process with a 90% approval rate -- likely the highest in the industry.
Profile
Sunbit LinkedIn Company Profile
Social Media
Sunbit Company Twitter Account
Company News
Sunbit News
Facebook
Sunbit on Facebook
YouTube
Sunbit on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Arad Levertov
  Arad Levertov LinkedIn Profile  Arad Levertov Twitter Account  Arad Levertov News  Arad Levertov on Facebook
Chief Financial Officer
Robert Clifton
  Robert Clifton LinkedIn Profile  Robert Clifton Twitter Account  Robert Clifton News  Robert Clifton on Facebook
Chief Technical Officer
Ornit Dweck-Maizel
  Ornit Dweck-Maizel LinkedIn Profile  Ornit Dweck-Maizel Twitter Account  Ornit Dweck-Maizel News  Ornit Dweck-Maizel on Facebook
Co-Founder
Tamir Hazan
  Tamir Hazan LinkedIn Profile  Tamir Hazan Twitter Account  Tamir Hazan News  Tamir Hazan on Facebook
General Manager
Roy Berchovich
  Roy Berchovich LinkedIn Profile  Roy Berchovich Twitter Account  Roy Berchovich News  Roy Berchovich on Facebook
Vice President
Idan Tzror
  Idan Tzror LinkedIn Profile  Idan Tzror Twitter Account  Idan Tzror News  Idan Tzror on Facebook
VP - General Counsel
Lana Shneydina
  Lana Shneydina LinkedIn Profile  Lana Shneydina Twitter Account  Lana Shneydina News  Lana Shneydina on Facebook
VP - Marketing
Jason Beltran
  Jason Beltran LinkedIn Profile  Jason Beltran Twitter Account  Jason Beltran News  Jason Beltran on Facebook
VP - Product Management
Yair Erez
  Yair Erez LinkedIn Profile  Yair Erez Twitter Account  Yair Erez News  Yair Erez on Facebook
VP - Sales
Tal Riesenfeld
  Tal Riesenfeld LinkedIn Profile  Tal Riesenfeld Twitter Account  Tal Riesenfeld News  Tal Riesenfeld on Facebook


 

 

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