Justt, specialising in AI-based chargeback management, has closed its Series C funding round, raising $30m.
The round was led by Zeev Ventures with contributions from Oak HC/FT and F2 Venture Capital.
This investment brings Justt’s total funding to $100m, helping the company further accelerate its mission to enhance chargeback management with its proprietary AI technology and in-house expertise.
Justt’s AI-driven platform, which evaluates over 500 data points from various sources to formulate customised arguments for each case, will receive enhancements with this funding.
The company will also use the fresh infusion for driving its expansion into high-growth regions.
In 2021, Justt disclosed that it has amassed $70m in funding.
This capital was raised over three tranches, including a Series B round led by Oak HC/FT and two previously undisclosed rounds spearheaded by Zeev Ventures and F2 Venture Capital, respectively.
Since its Series B in 2021, Justt is said to have recorded notable growth, with revenue tripling in 2023 and a more than two-fold increase in 2024.
In 2024, it almost doubled the volume of chargebacks managed compared to last year.
The company also expanded its presence by opening new offices in New York and London.
Justt CEO and co-founder Ofir Tahor said: “Justt’s ability to scale with our clients without compromising quality, and drive continuously improving results through advanced machine learning is what sets us apart in the industry. 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.”
Set up in February 2020, Justt aims to assist online retailers in managing the outdated, expensive, and inherently unjust system of credit and debit card disputes.
“Chargeback management company Justt scores $30m in Series C round ” was originally created and published by Electronic Payments International, a GlobalData owned brand.
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