Sorbet
Employee Wellness Optimizer
Startup Seed Fintech & Insurtech Est. 2019
Total Raised
$21M
Seed
Last Round
$25M
3 rounds
Investors
6
6 public
Team
6
51-200 employees
Confidence
101/100
News
6
articles
About
Sorbet is a financial technology solution that offers a way for professionals to use unusable, accrued time-off more effectively while providing their employers with full financial flexibility to reduce vacation accruals, save on financing costs, and optimize their cash flow.
Classification
Sector
Fintech & Insurtech
Core Technology
Platforms & InterfacesSoftwareMobile
Target Customer
Enterprise & Professional Services
Business Model
B2B
Tags
employee-engagemententerprise-solutionsenterprisesproductivityhrhr-techmanagement-solutions
Funding & Events
Jun 2025
Debt Financing $25M
Pier Asset Management (Lead)
Apr 2021
Seed $6M
Viola Ventures (Lead), Meron Capital, Global Founders Capital
Seed $15M
Group 11 (Lead), Viola Ventures, Corner Ventures
News (6)
Sep 14, 2025 · www.calcalistech.com
growth-negative
The vacation-day monetization platform says profitability pressure forced a reset of operations, resulting in the laying off of all of its employees in Israel and most of its staff in the U.S.
LayoffsInvestmentCustomersPartners
Jun 3, 2025 · www.prnewswire.com
growth-positive
Sorbet Secures $25 Million Debt Facility from Pier Asset Management and Debuts New Payroll Integration Feature to Expand Access to Financial Flexibility for Employees
InvestmentPartnersProduct Stage
Mar 10, 2022 · www.calcalist.co.il
growth-positive
Just deserts: Sorbet unlocks employee PTO CTech
InvestmentExpand
Jun 24, 2021 · techcrunch.com
growth-positive
Paid time off startup Sorbet reels in another $15M inside three months
Investment
May 4, 2021 · www.geektime.com
growth-positive
This new Israeli startup helps employees turn vacation days into cash money
Customers
Apr 30, 2021 · techcrunch.com
growth-positive
Sorbet raises $6M seed led by Viola Ventures to tackle the thorny financials of paid time off
Investment
Details
Product Stage
Released
Employees
51-200
Exact Count
164
District
Center District
Founded
2019
Registrar
516084407
Locations
Tel Aviv, Israel
New York, NY, USA
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Jul 17, 2025
Verified by
Maor Perlov
Claimed
Yes
Missing
markets
Team (6)
Rami Kasterstien
Co-founder & Board Memember
Founder
Veetahl Eilat-Raichel
Co-founder & CEO
Founder
Eliaz Shapira
Co founder & Chief Product Officer
Founder
Asher Bitton
VP R&D
Ella Ziv
Office Manager and Head of People Operations at Sorbet
Shaked Karby
Head of Business Development
Internal
Created by
Maor Perlov (maorperlov@gmail.com)
Created
2020-12-31T00:00:00.000Z
Last editor
Dana Arnon (dana.arnon@mail.huji.ac.il)