About Refundit
Refundit is a company based in Tel Aviv (Israel) founded in 2017 by Ziv Tirosh and Uri Levine.. Refundit has raised $10 million across 1 funding round from investors including Amadeus and Portugal Ventures. Refundit operates in a competitive market with competitors including MainStreet, ExpressGroup, Airvat, Creditos NFP and Skiptax, among others.
- Headquarter Tel Aviv, Israel
- Founders Ziv Tirosh, Uri Levine
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Nov 14, 2019
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Investors
Amadeus
& 1 more
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Employee Count
Employee Count
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Funding Insights of Refundit
Refundit has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in November 2019. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $10.0M
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First Round
First Round
(14 Nov 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series A - Refundit | Valuation | Amadeus |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Refundit
Refundit has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Amadeus and Portugal Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Stage-agnostic investments in tech and life sciences sectors are pursued.
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Founded Year | Domain | Location | |
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SaaS-based operations management is provided for hospitality and aviation sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Refundit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Refundit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Refundit Comparisons
Competitors of Refundit
Refundit 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 MainStreet, ExpressGroup, Airvat, Creditos NFP and Skiptax, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tax credits are identified, claimed, and advanced online for startups.
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| domain | founded_year | HQ Location |
Automated tax refund and job placement services are provided.
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| domain | founded_year | HQ Location |
Tax refund management services are offered for individuals.
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| domain | founded_year | HQ Location |
Mobile app for tracking credits in Nota Fiscal Paulista.
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| domain | founded_year | HQ Location |
Digital platform for VAT refunds on consumer purchases in France.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Refundit
Frequently Asked Questions about Refundit
When was Refundit founded?
Refundit was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Refundit located?
Refundit is headquartered in Tel Aviv, Israel.
Who is the current CEO of Refundit?
Ziv Tirosh is the current CEO of Refundit. They have also founded this company.
Is Refundit a funded company?
Refundit is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Nov 14, 2019.
What does Refundit do?
Refundit was founded in 2017 in Tel Aviv, Israel, as an app-based platform in the tax refund sector. Receipts are uploaded by users to claim VAT refunds at stores, with support provided for travelers filing claims. VAT calculation solutions are also offered. The platforms app is made available for Android and iOS devices, facilitating operations across international borders.
Who are the top competitors of Refundit?
Refundit's top competitors include MainStreet, Airvat and Taxo.
Who are Refundit's investors?
Refundit has 2 investors. Key investors include Amadeus, and Portugal Ventures.