Life360, Sezzle, Unity and AppLovin disclose exposure to SVB in new statements

Though the Federal Reserve stated on Sunday that Silicon Valley Bank’s depositors, both uninsured and insured, will be made whole, several more tech firms disclosed their exposure to SVB over the weekend. Among those, Life360, Unity, AppLovin, and Sezzle put out press releases detailing their relationships with SVB noting, in a few cases, the funds they held were “not material” to their businesses or otherwise downplaying the impact. Sezzle said it had $1.2 million at SVB, while Life360 said it had $95.1 million. AppLovin had less than $2 million and Unity Software disclosed

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