Chargeback fintech Justt lands $30m Series C led by Zeev Ventures
Chargeback management solutions provider Justt has raised $30 million in a Series C funding round to power its “strategic expansion into high-growth regions”.
Justt bags $30 million Series C
The round was led by Californian VC firm Zeev Ventures, which also spearheaded Lettuce Financial’s $15 million Series A raise in August, alongside additional support from existing shareholders F2 Venture Capital and Oak HC/FT.
Building upon a $50 million Series B raised in 2021, Justt now claims $100 million in total funding with the close of its latest round.
Headquartered in Tel Aviv, the company positions itself as the world’s “first smart chargeback solution that tailors each response and improves over time”.
Its suite of solutions, launched in 2020, caters to various industries, including e-commerce, crypto, SaaS, and others.
Justt further claims to have “nearly doubled” its chargeback volume over the past year, while expanding globally with new offices in New York and London.
Speaking on the Series C, Ofir Tahor, CEO and co-founder of Justt, states: “This funding will drive our global expansion, fuel technological advancements, and further our mission to help merchants resolve payment disputes more efficiently and recover more revenue.”
The funds will be strategically invested to accelerate the company’s expansion into high-growth LATAM and APAC markets, while also upgrading its proprietary AI-driven platform, with the ultimate goal of achieving “profitability by 2027”.
