Artificial intelligence (AI)-powered chargeback management company Justt has raised $30m in its Series C funding round led by Zeev Ventures.
The financing round also saw additional backing from existing investors Oak HC/FT and F2 Venture Capital.
The latest funding brings Justt’s total investment to $100m.
Zeev Ventures founding partner Oren Zeev said: “Justt’s ability to execute, innovate, and deliver measurable value to merchants worldwide is unmatched.
“This funding underscores my confidence in their vision, leadership, and long-term strategy as they continue to expand globally and redefine the industry.”
The AI-driven chargeback management firm intends to utilise the capital to support its strategic expansion into high-growth regions and further development of its proprietary AI-driven platform.
Justt’s platform analyses more than 500 data points from multiple sources to craft tailored arguments for payment disputes. This enables businesses to recover lost revenue, enhance operational efficiency, and simplify the chargeback process.
The company has set its sights on achieving profitability by 2027.
Since its Series B funding round in 2021, Justt’s revenue is said to have tripled in 2023 and doubled again in 2024.
The company expects this momentum to continue, projecting year-over-year revenue growth in 2025 and 2026. In this year alone, Justt claims to have nearly doubled the chargeback volume it managed.
Founded in 2020, Justt offers the first smart chargeback solution that uses AI-driven automation and domain expertise to tailor responses for every dispute.
The firm’s machine learning technology continuously optimises its processes, delivering improved outcomes over time.
Justt also plans to enter additional high-growth regions, including Latin America and Asia-Pacific, to meet the evolving needs of merchants navigating complex payment ecosystems.
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.”
