S
Sorbet
Provides organizations with the agency to control their finances
About Sorbet
Sorbet is a unique financial service startup that operates in the employee benefits market. Its primary service is to allow employees to convert their unused Paid Time Off (PTO) into cash. This innovative approach provides an additional compensation avenue for employees without affecting their regular paycheck.
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Sorbet's clients are primarily employers who wish to offer this service as a voluntary benefit to their employees. By doing so, employers can improve employee financial wellness, reduce turnover and absenteeism, and attract and retain talent. This service is particularly beneficial in times of financial strain, as it allows employees to access extra cash without dipping into their savings or taking on additional debt.
The business model of Sorbet is simple yet effective. Employees can calculate the value of their unused PTO and apply for a cash advance against it. There is no credit check involved, and the application process is easy and risk-free. The employees only pay a small monthly interest payment and repay the full amount at the end of the term or when they receive their PTO payout from their employer.
Sorbet makes money by charging a small interest on the cash advance provided to the employees. This interest is paid by the employees over the term of the loan. The service is free for employers, making it an attractive option for companies looking to enhance their employee benefits package.
Latest news
Press, funding announcements and product moves mentioning Sorbet.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Jun 2025 | $25M | — | Pier Asset Management | ↗ |
| SERIES AOther financing | Dec 2021 | $31M | $124M | Meron Capital | — |
Growth signals
Latest recorded traffic for Sorbet is 180 monthly website visits, down 98.1% over the last three months. Sorbet's team grew 2.5% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Global Founders Capital
Viola Ventures
Meron Capital
Group 11
Series B and later1 investor entered at this stage
Pier Asset Management
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sorbet on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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