Sunbit
Latest round
- Series D
Last raised
- May 2021
Total raised
- $142M
Investors
- 12
About Sunbit
, based in Los Angeles, offers innovative technology-driven payment solutions for everyday services, enabling consumers to finance essential needs with flexible payment plans that prioritize affordability and transparency. Founded in 2016 and headquartered in Los Angeles, California, Sunbit, Inc. The company has successfully completed 10 deals, with its most recent deal on November 4, 2024.P. Sunbit provides a technology-driven payment solution that enables customers to finance everyday services such as auto repair, dental care, eye care, veterinary services, and healthcare. Their core product is a flexible payment plan that allows consumers to pay over time, focusing on affordability and transparency.S. markets, with partnerships across various industries requiring in-person services, benefiting both individual consumers and merchants through streamlined payment options. Sunbit generates revenue through a structured transaction model involving partnerships with retailers and service providers who offer Sunbit's payment solutions at the point of sale. Clients can finance their purchases and make payments at checkout with a pre-determined term length for repayment. This allows Sunbit to earn revenue through interest charges on financed amounts while providing a fee-free experience for users. Their offerings include the Sunbit Card, designed to enhance customer shopping experiences and integrate with existing merchant loyalty programs, with pricing structures varying by agreements with partners.
Who invested in Sunbit
12 investors across 4 rounds
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Questions about Sunbit
Who invested in Sunbit?
Sunbit has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sunbit raised?
Sunbit has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Sunbit last raise money?
Sunbit's most recent round on record is a Series D, in May 2021.
What does Sunbit do?
, based in Los Angeles, offers innovative technology-driven payment solutions for everyday services, enabling consumers to finance essential needs with flexible payment plans that prioritize affordability and transparency.
Where is Sunbit headquartered?
Sunbit is headquartered in Los Angeles, US.
Which VCs invest in companies like Sunbit?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Sunbit's stage. Their profiles are linked below.
VCs backing financial services startups at Series D
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