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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.
Social
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Email ID
*****@refundid.com
Key Metrics
Founded Year
2020
Location
Sydney, Australia
Stage
Seed
Total Funding
$15M in 3 rounds
Latest Funding Round
Ranked
Employee Count
19 as on May 31, 2026
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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
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Refundid's founders and board of directors

Founder? Claim Profile
The 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:

Refundid's employee count trend

Refundid has 19 employees as of May 26. Here is Refundid's employee count trend over the years:
Employee count trend for Refundid
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Loop Returns
Loop Returns
2017, Columbus (United States), Series B
Provider of platform for managing returns, tracking, claims, and fraud prevention
$176M
67/100
2nd
Logo for Optoro
Optoro
2010, Washington, DC (United States), Acquired
Asset recovery solutions
$218M
62/100
3rd
Logo for Reveni
Reveni
2022, Madrid (Spain), Series A
Return management software solutions for e-commerce businesses and brands
$20.3M
58/100
4th
Platform offering data-driven return management platform for online businesses
$11.5M
56/100
5th
Logo for Reshop
Reshop
2023, San Francisco (United States), Series B
Provider of return management solutions for e-commerce businesses
$23.6M
55/100
6th
Logo for Frate
Frate
2022, Austin (United States), Acquired
Platform offering E-commerce returns management
$4.09M
52/100
7th
Logo for Refundid
Refundid
2020, Sydney (Australia), Seed
Provider of refund management software solutions for e-commerce businesses
$15M
53/100
8th
Logo for REVER
REVER
2022, Barcelona (Spain), Series A
Provider of web-based logistics returns and refund management solutions
$9.67M
43/100
9th
Logo for iF returns
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
Logo for Elyn
Elyn
2022, Neuilly-sur-Seine (France), Seed
Provider of return management solutions for e-commerce businesses
$2.66M
41/100
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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.
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FAQs about Refundid

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