5. Sunbit $130.0M
Round: Series D
Description: Sunbit is a buy now, pay later technology of local service providers and retailers. Founded by Arad Levertov, Ornit Dweck-Maizel, Tal Riesenfeld, and Tamir Hazan in 2016, Sunbit has now raised a total of $210.0M in total equity funding and is backed by investors that include Alumni Ventures Group, AltaIR Capital, Zeev Ventures, Group 11, and TI Platform Management.
Investors in the round: AltaIR Capital, Group 11, Harel Insurance Investments and Financial Services, Migdal Insurance and Financial Holdings, More Investment House, Zeev Ventures
Month of funding: May
Industry: E-Commerce, Finance, FinTech, Retail
Founders: Arad Levertov, Ornit Dweck-Maizel, Tal Riesenfeld, Tamir Hazan
Founding year: 2016
Total equity funding raised: $210.0M
LA TechWatch’s exclusive coverage of this round: Sunbit Scores Another $130M for its Buy Now, Pay Later Platform for Everyday Services and Becomes LA’s Newest Unicorn
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