# Sorbet

**Source:** https://www.startuphub.ai/startups/sorbet
**Profile type:** Startup

> Fintech platform helping companies manage and reduce employee PTO liabilities.

## About

Sorbet is a fintech company that addresses the significant financial liability companies face due to unused Paid Time Off (PTO). Their platform aims to help businesses reconstruct their PTO policies to foster healthier work environments and reduce the $272 billion in annual carry-over liabilities.

## Key facts

- **Slug:** sorbet
- **Website:** https://getsorbet.com
- **Location:** San Francisco, United States
- **Founded:** 2020-12-01 00:00:00
- **Employees:** 166
- **Operating status:** Active
- **Total funding:** $21M
- **Sectors / tags:** Fintech, HR, Enterprise, Paid Time Off (PTO), HR Tech, Embedded Finance, Employee Benefits, Corporate Finance, Payroll, Workflow Automation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/getsorbet/

## Frequently asked

### What does Sorbet do?

Sorbet is a fintech company that addresses the significant financial liability companies face due to unused Paid Time Off (PTO). Their platform aims to help businesses reconstruct their PTO policies to foster healthier work environments and reduce the $272 billion in annual carry-over liabilities.

### How much funding has Sorbet raised?

Sorbet has raised a total of $21M in funding. The most recent round on record is Seed.

### Where is Sorbet headquartered?

Sorbet is headquartered in San Francisco, United States.

### When was Sorbet founded?

Sorbet was founded in 2020.

### What industry does Sorbet operate in?

Sorbet operates in Fintech, HR, Enterprise, Paid Time Off (PTO), HR Tech, Embedded Finance.

### How many employees does Sorbet have?

Sorbet has approximately 166 people on record.

### What is Sorbet's revenue?

StartupHub estimates Sorbet's annual revenue at $64.4M (range $34.6M to $116.4M, 63% confidence), based on comparable companies in the sector.

### What is Sorbet's valuation?

StartupHub estimates Sorbet's effective valuation at $82.1M (range $52.5M to $126.0M, 10% confidence), based on comparable companies in the sector.

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