Refundid - About the company
Refundid is a seed company based in Sydney (Australia), founded in 2020 by Brad Karney, Ilan Kessler, Joel Aaron and Judd Katz. It operates as a Provider of refund management software solutions for e-commerce businesses. Refundid has raised $15M in funding from Salesforce Ventures and AP Ventures. The company has 48 active competitors, including 15 funded and 9 that have exited. Its top competitors include companies like Loop Returns, Optoro and Reveni.
Company Details
Provider of refund management software solutions for e-commerce businesses. The customers can select their feature when returning items to the online retailer and receive the refund in real-time. It also provides merchants of the Shopify platform to accept, decline, and view pending and archived returns externally processed by the company.
- Website
- refundid.com/us
- Email ID
- *****@refundid.com
Key Metrics
Founded Year
2020
Location
Sydney, Australia
Stage
Seed
Total Funding
$15M in 3 rounds
Latest Funding Round
Investors
Ranked
7th among 48 active competitors
Employee Count
19 as on May 31, 2026
Legal entities associated with Refundid
Refundid is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
REFUNDID PTY LTD CIN: 642621770 , Australia, Active | Jul 13, 2020 | - | - | - |
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Refundid's funding and investors
Refundid has raised a total funding of $15M over 3 rounds. Its first funding round was on Sep 02, 2021. Its latest funding round was a Seed round on Jul 18, 2022 for $*****. 1 investor participated in its latest round. Refundid has 4 institutional investors.
Here is the list of recent funding rounds of Refundid:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 18, 2022 | 1282160 | Seed | 1423788 | 8397285 | 9506128 | 2246920 |
Sep 02, 2021 | 6606388 | Conventional Debt | 8307992 | 8734233 | 2307950 | |
Sep 02, 2021 | 9822105 | Seed | 9113092 | 1830201 | 3683416 |
View details of Refundid's funding rounds and investors
Refundid's founders and board of directors
Founder? Claim ProfileThe founders of Refundid are Brad Karney, Ilan Kessler, Joel Aaron and Judd Katz. Brad Karney is the CEO of Refundid.
Here are the details of Refundid's key team members:
- Brad Karney: Co-Founder & CEO of Refundid. Contact Info: 1 email address
- Ilan Kessler: Co-Founder of Refundid.
- Joel Aaron: Co-Founder & CPO of Refundid.
- Judd Katz: Co-Founder & COO of Refundid.
View details of Refundid's Founder profiles and Board Members
Refundid's employee count trend
Refundid has 19 employees as of May 26. Here is Refundid's employee count trend over the years:
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Refundid's Competitors and alternates
Top competitors of Refundid include Loop Returns, Optoro and Reveni. Here is the list of Top 10 competitors of Refundid, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Loop Returns 2017, Columbus (United States), Series B | Provider of platform for managing returns, tracking, claims, and fraud prevention | $176M | 67/100 | |
2nd | Optoro 2010, Washington, DC (United States), Acquired | Asset recovery solutions | $218M | 62/100 | |
3rd | Return management software solutions for e-commerce businesses and brands | $20.3M | 58/100 | ||
4th | Returngo Technologies 2020, Israel, Acquired | Platform offering data-driven return management platform for online businesses | $11.5M | 56/100 | |
5th | Reshop 2023, San Francisco (United States), Series B | Provider of return management solutions for e-commerce businesses | $23.6M | 55/100 | |
6th | Frate 2022, Austin (United States), Acquired | Platform offering E-commerce returns management | $4.09M | 52/100 | |
7th | Provider of refund management software solutions for e-commerce businesses | $15M | 53/100 | ||
8th | Provider of web-based logistics returns and refund management solutions | $9.67M | 43/100 | ||
9th | iF returns 2020, Madrid (Spain), Series A | Cloud based returns management platform that uses artificial intelligence to recover the value of returns | $4.67M | 42/100 | |
10th | Provider of return management solutions for e-commerce businesses | $2.66M | 41/100 |
Looking for more details on Refundid's competitors? Click here to see the top ones
Refundid's Investments and acquisitions
Refundid has made no investments or acquisitions yet.
Reports related to Refundid
Here is the latest report on Refundid's sector:
News related to Refundid
Media has covered Refundid for a total of 2 events in the last 1 year, 2 of them have been about partnerships.
•
Fashion brand Outcast boosts post-purchase experience with Refundid returns and exchanges platformRetail Technology Innovation Hub•May 04, 2026•Refundid,
•
Australian fitness and lifestyle brand Muscle Republic taps Refundid returns techRetail Technology Innovation Hub•Jan 07, 2026•Refundid, MUSCLE REPUBLIC
•
Online retailer Bayse Brand deploys Refundid returns and exchange platform in Australia and US marketsRetail Technology Innovation Hub•Mar 03, 2025•Bayse Brand, Refundid
•
Refundid raises $3 million for tech turning BNPL model on its headSmartCompany•Sep 02, 2021•Refundid, AP Ventures, Afterpay
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