Amount Raised
$310 Million
Round Type
Funding Round
Los AngelesInformation TechnologyFinancial ServicesInvestors
Description
Sunbit has raised a significant US$310m in a debt warehouse facility led by Citi Group for BNPL expansion, with participation from Ares Management. The funding will be used to expand its BNPL offering, including access to the Sunbit Card through co-branded retail card partnerships.
Quick answer
Sunbit, Inc. raised $310 Million in a Funding Round round, dated January 26, 2024. Investors: Ares Management and Citi Group. Sunbit, Inc. is based in Los Angeles, California, United States.
- How much did Sunbit, Inc. raise?
- Sunbit, Inc. raised $310 Million in a Funding Round round on January 26, 2024.
- Who invested in Sunbit, Inc?
- Ares Management and Citi Group are named as investors in this round.
- What does Sunbit, Inc. do?
- Sunbit builds financial technology for real life.
- Where is Sunbit, Inc. based and how big is it?
- Sunbit, Inc. is based in Los Angeles, California, United States. Fundz records about 500 employees.
- Who are the decision-makers at Sunbit, Inc?
- Fundz holds 1 contact at Sunbit, Inc., including the Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Sunbit, Inc. that raised within 45 days of this round, from Fundz verified event records.
- Flagstone raised $141M on March 11, 2024.
- BlackSoil raised $100M on March 11, 2024.
- Rakeez Financial raised $2M (Seed) on March 11, 2024.
- CHERUB TECHNOLOGIES raised $1M (Seed) on March 11, 2024.
- Griffin Bank raised $24M (Series C) on March 11, 2024.
- AuthPay raised $450K (Pre-Seed) on March 11, 2024.
Who to call at Sunbit, Inc., and when
A new round usually means Sunbit, Inc. is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sunbit, Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sunbit, Inc., from your own LinkedIn network
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Related People
Sunbit, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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