Refundid

Sydney, Australia Founded: 2020 • Age: 6 yrs
Refund management software is provided for e-commerce return processing.
Annual revenue - Latest available
Total funding $15.0M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Refundid

Refundid is a company based in Sydney (Australia) founded in 2020 by Joel Aaron, Brad Karney, Judd Katz, and Ilan Kessler. Refundid has raised $15 million across 3 funding rounds from investors including Salesforce Ventures and AP Ventures. Refundid offers products and services including Instant Refund Service and Refundid for Retailers. Refundid operates in a competitive market with competitors including Loop Returns, Optoro, Reveni, REVER and Reshop, among others.

  • Headquarter Sydney, Australia
  • Founders Joel Aaron, Brad Karney, Judd Katz, Ilan Kessler
  • Sectors
    Transportation, Automotive & Logistics
    Retail
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Refundid Pty Ltd
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15 M (USD)

    in 3 rounds

  • Latest Funding Round
    $12 M (USD), Seed

    Jul 18, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Refundid

Refundid offers a comprehensive portfolio of products and services, including Instant Refund Service and Refundid for Retailers.

Product name locked
Category locked
Primary

Enables quick refunds for online returns without fees

Product name locked
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Helps retailers integrate instant refund options for customers

People of Refundid

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Patrick Song
Senior Software Engineer

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Teams

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Funding Insights of Refundid

Refundid has successfully raised a total of $15M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $12 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Refundid

Refundid has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Salesforce Ventures and AP Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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AP Ventures is focused on venture capital investments in decarbonisation.
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Investor details for Refundid

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Investments & Acquisitions by Refundid

Investments
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Investment portfolio details for Refundid

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Financial Statements - Refundid

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Detailed financials for Refundid

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Refundid Comparisons

Refundid Primary company
Description
Refund management software is provided for e-commerce return...
Location
Sydney, Australia
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Refundid

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Competitors of Refundid

Refundid operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Loop Returns, Optoro, Reveni, REVER and Reshop, among others.

Company Name Domain Founded year HQ Location Description
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Returns management solutions are offered for Shopify brands.
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Returned inventory is managed for e-commerce retailers via software solutions.
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Return management software is offered for e-commerce operations.
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Web-based solutions for e-commerce returns and refunds are offered.
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Return management solutions for e-commerce businesses are provided.
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Detailed competitors of Refundid

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Latest news on Refundid

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Complete news archive for Refundid

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Frequently Asked Questions about Refundid

Refundid was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Refundid is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Brad Karney is the current CEO of Refundid. They have also founded this company.

Refundid is a funded company, having raised a total of $15M across 3 funding rounds to date.

Refundid was founded in 2020 in Sydney, Australia, as a provider of software solutions in the e-commerce sector. Tools are offered to businesses for managing refunds, allowing customers to choose return features and receive payments in real time. Integration with the Shopify platform enables merchants to accept, decline, or review pending and archived returns handled externally by the company.

Refundid's top competitors include Loop Returns, Reshop and Optoro.

Refundid offers Instant Refund Service and Refundid for Retailers.

Refundid has 2 investors. Key investors include Salesforce Ventures, and AP Ventures.

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