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.
Cumulative Funding Raised Over Time ($)
Employees Over Time
Sorbet Climate Tech relevance
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Sep 14, 2025
www.calcalistech.com
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.
#Layoffs #Investment #Customers #Partners
Jun 3, 2025
www.prnewswire.com
Sorbet Secures $25 Million Debt Facility from Pier Asset Management and Debuts New Payroll Integration Feature to Expand Access to Financial Flexibility for Employees
#Investment #Partners #Product Stage
Mar 10, 2022
www.calcalist.co.il
Just deserts: Sorbet unlocks employee PTO CTech
#Investment #Expand
Jun 24, 2021
techcrunch.com
Paid time off startup Sorbet reels in another $15M inside three months
#Investment
May 4, 2021
www.geektime.com
This new Israeli startup helps employees turn vacation days into cash money
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.
#Layoffs #Investment #Customers #Partners
Jun 3, 2025
www.prnewswire.com
Sorbet Secures $25 Million Debt Facility from Pier Asset Management and Debuts New Payroll Integration Feature to Expand Access to Financial Flexibility for Employees
#Investment #Partners #Product Stage
Mar 10, 2022
www.calcalist.co.il
Just deserts: Sorbet unlocks employee PTO CTech
#Investment #Expand
Jun 24, 2021
techcrunch.com
Paid time off startup Sorbet reels in another $15M inside three months
#Investment
May 4, 2021
www.geektime.com
This new Israeli startup helps employees turn vacation days into cash money