Last updated 2026-08-22
- Raised $200M debt round led by Waterfall, Aug 2025
- Raised $355M debt round led by J.P. Morgan, Nov 2024
- Raised $310M debt round led by Citi, Jan 2024
Total raised
$1.3B
Last: Undisclosed Round 2024-11
Stage
Series D
Founded
2016
Headcount
550
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
Sunbit is a financial technology company that offers a buy now, pay later (BNPL) solution and a no-fee credit card for everyday needs and services. The company's proprietary AI-based technology enables instant financing at the point of sale for essential purchases like auto repair, dental care, eyewear, and elective healthcare. Sunbit aims to eliminate financial waste and provide fair, transparent, and fee-free payment options to a wide range of consumers. They partner with over 30,000 service locations, including auto dealership service centers, optical practices, dentist offices, and specialty healthcare services.
Funding history · 9 rounds · $1.3B total
9 events/rounds · $1.3B Total Funding: $183.8M in Private Equity, $1.1B in Debt
Aug 2025
★ Waterfall★ Citigroup Inc.★ JPMorgan Chase★ ATLAS SP Partners★ JP Morgan Chase & Co.★ Mizuho Financial Group
Nov 2024
Jan 2024
★ CitiAres ManagementAres Management Credit funds
Dec 2022
May 2021
Jun 2019
Jan 2017
Sep 2016
Jan 2016
★ Tamir Hazan★ Arad Levertov★ Tal Riesenfeld★ Ornit Dweck-Maizel
Headcount over time
550 employees (2026-09) · 1 point
Offices
Tel Aviv-Yafo, Israel · HQ / main office
Show all offices (3 more)
- Los Angeles, United States
- Las Vegas, United States
- Binyamina-Giv'at Ada, Israel
Q&A
- What is Sunbit's primary business?
- Sunbit provides flexible payment solutions for retailers, utilizing proprietary technology to enable customers to split purchases into multiple payments.
- When was Sunbit founded?
- Sunbit was founded in April 2016.
- What is Sunbit's employee count?
- Sunbit has an employee count in the 201-500 range.
- What is the total amount of funding Sunbit has raised to date?
- Sunbit has raised a total of $161,920,000 USD.
- When was Sunbit's most recent funding round and who were the lead investors?
- Sunbit's most recent funding round was in November 2024, with Mizuho Bank and Waterfall Asset Management among the lead investors.
- Which investors participated in Sunbit's January 2024 funding round?
- In January 2024, Citi and Ares Management Corporation participated in Sunbit's funding round.
- Where is Sunbit's headquarters located?
- Sunbit's headquarters is located in Tel Aviv-Yafo, Israel.
- What are the primary sectors Sunbit operates in?
- Sunbit's primary sector is Fintech & Insurtech, with a focus on Lending & Financing.
Team · 17
Arad Levertov
Founder · Co-founder & CEO
Ornit Dweck-Maizel
Founder · Co-founder & CTO
Tamir Hazan, Ph.D.
Founder · Co-founder & Head of AI/ML
Tal Riesenfeld
Founder · Co-founder & Chief Revenue Officer
Lana Shneydina
General Counsel
James Paris
Chief Capital Officer
Rob Clifton
Chief Accounting Officer
Idan Tzror
Chief Retail Officer
Bill Walsh
Chief Customer Officer
Shai Terem
Chief Financial Officer
Shachar G. Scott
Chief Marketing Officer
Yair Erez
VP Innovation
Roy Bercovich
General Manager
Katey Berman
VP Customer Success
Laura Kahana
Chief of Staff
Oded Vakrat
VP Platform Partnerships
Jay Letwat
VP Dental
Sectors & technology
Primary sector
Fintech & Insurtech
Technologies
Target customers
Business model
B2CB2B
Tags
unicorn-2021retailersmobile-applicationspersonalizationfintechpaymentscustomer-experiencesoftware-applicationssmbdentists
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | sunbit.com |
|---|---|
| linkedin.com/company/7932639 | |
| facebook.com/sunbitfintech | |
| YouTube | youtube.com/channel/UC_xv6d0Osz3VLsfR_TIL1kA |
Identifiers & details
| Legal name | Sunbit, Inc. |
|---|---|
| Founded | 2016-4 |
| Employees (exact) | 550 |
| Offices | Los Angeles; Las Vegas; Binyamina-Giv'at Ada |
Radar intelligence
Patents
| EPO | 8 |
|---|
Web history (Wayback)
| Domain | sunbit.com |
|---|
Certificate / subdomain footprint
| Subdomains | 77 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515446821 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2016-05-04 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 2 |
| Registry events | 4 — charge (2), violation (1), annual_report (1) |
| Registered address | המלאכה 17 בנימינה |
Recent registry events
| Date | Event |
|---|---|
| 2026-04-29 | רישום שעבוד |
| 2026-06-17 | עדכון הפרה |
| 2026-06-17 | דו~ח שנתי-הוספת בעל תפקיד |
| 2026-06-03 | רישום שעבוד |