APRIL 2021 - Start-Up Nation Finder
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APRIL 2021 ALL RIGHTS RESERVED - SHIFT TIME INC. 2021
SORBET
CLEAN UP YOUR
BALANCE SHEET
Sorbet is a disruptive Fintech solution that offers an optimal 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.
TEAM:
Veetahl Eilat-Raichel Rami Kasterstein Eliaz Shapira
CO FOUNDER & CEO CO FOUNDER & BOARD MEMBER CO FOUNDER & CPO
BACKED BY: PARTNERS:
ALL RIGHTS RESERVED - SHIFT TIME INC. 2021 PAGE 01
SORBET
A FIRST OF ITS KIND
EMPLOYEE BENEFIT
ON AVERAGE ONLY CREATING
72% $224B
OF VACATION DAYS ARE USED IN ANNUAL CARRY OVER
BY EMPLOYEES EACH YEAR LIABILITIES FOR US BUSINESSES
TAKE IT
Sorbet's Time Optimizer
identifies habits and
time management
patterns and proactively
suggest
pre-approved Micro
Breaks, Micro Vacations
and Vacations which fit
the employees personal
preferences, without
disrupting their work.
Increasing Time Off
usage and reducing
accrued vacation
liabilities by an average
of +15%!
SPEND IT
Once approved by the employer, Sorbet empowers employees to choose
the portion of accrued balance they would like to cash out immediately,
Instead of receiving their value only when leaving the company at some
point in the future,
ALL RIGHTS RESERVED - SHIFT TIME INC. 2021 PAGE 02
SORBET
WHAT'S IN IT FOR YOU?
Instead of being forced to pay accrued balances unpredictably whenever
employees leave the company, Sorbet enables employers to decide when
they want to pay us back AND save money in the process.
SAVE COSTS, CONTROL
YOUR CASH FLOW
Allow your Fix the liability Refinance the By enabling
employee to value at current liability to employees to
cash out salary levels, control your cash out, Sorbet
without instead of cash flow and creates an
incurring an adjusting to save on your immediate
immediate future salary effective APR - deductible
cash expense. raises. Guarenteed! expense.
ALL RIGHTS RESERVED - SHIFT TIME INC. 2021 PAGE 02
SORBET
YOUR HR LEADERS WILL LOVE
SORBET TOO
Cashed out time is loaded on our Pre-Paid card which can be used
anywhere Visa is accepted and unlocks highly curated wellness, travel and
entertainment offers, fully localized to support small, local and Minority
owned businesses, relevant even in a state of a pandemic.
As a company
experiencing hyper
growth in the middle
of a global pandemic,
making sure our
employees don’t
suffer from burnout
is a huge priority.
Sorbet has provided
us with tools create a
healthy culture of
work-life balance.”
Tami Golan, Bizzabo VP HR
ALL RIGHTS RESERVED - SHIFT TIME INC. 2021 PAGE 04
SORBET IMMEDIATE, QUANTIFIABLE RESULTS If you're a bold, forward-thinking finance leader willing to embrace a disruptive solution to optimize your company's balance sheet and impact your bottom line, we want to partner with you! OUR OFFER QUICK, EASY AND FRICTIONLESS PROOF OF CONCEFT PTO policy health check - in depth analysis of predicted accruals and eligibility. Accrued Liability Refinancing - 0% APR for the 1st year! Up to 4X (!) Tax Deduction optimization. Virtual Prepaid card for eligible employees to cash out. No integration necesarry! Easy, Simple and Fun. ALL RIGHTS RESERVED - SHIFT TIME INC. 2020 PAGE 03
JOIN US!
@getsorbet
@getsorbet
@sorbetco
info@getsorbet.com
This proposal is for illustrative purposes only and does not purport to show actual results. Because the
information herein is estimated and based on a number of assumptions, economic and market conditions,
models or other factors, it is subject to significant revision and may change materially with changes in any of the
foregoing. Shift Time Inc. does not undertake to provide recipients hereof with updates or changes to the
information contained in this proposal as such assumptions, economic and market conditions, models or other
factors change.
Recipients should consult their own financial, legal, tax and/or accounting advisers to determine whether any
solution referred to in this proposal is appropriate and/or suitable for their purposes.
Material contained within this proposal is intended for general informational and illustrative purposes only and is
not intended to provide legal, financial, tax or accounting advice on any matter, and is not to be used as such.
The material contained within this proposal is not intended for distribution to, or use by, any person or entity in
any jurisdiction or country in which such distribution or use would be contrary to local law or regulation. Any U.S.
federal tax discussion included in this communication was written to support the marketing of the solution
described herein and is not intended or written to be used, and cannot be used as tax advice or, for the purpose
of avoiding U.S. federal tax penalties. Prospective customers should seek advice based on their own particular
circumstances from an independent tax advisor.
Trademarks and logos are the property of their respective owners.
ALL RIGHTS RESERVED - SHIFT TIME INC. 2021
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