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
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
Just deserts: Sorbet unlocks employee PTO CTech
InvestmentExpand
Paid time off startup Sorbet reels in another $15M inside three months
Investment
This new Israeli startup helps employees turn vacation days into cash money
Customers
Sorbet raises $6M seed led by Viola Ventures to tackle the thorny financials of paid time off
Investment