# Refundit BVBA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/refundit-bvba

- Industry: Internet
- Headquarters: Brussels, Belgium
- Website: www.refundit.tax
- Total disclosed funding: $9.8M
- Latest round: Series A (Nov 14, 2019)
- Investors on record: 2

## About

Refundit BVBA is a financial technology company specializing in refund solutions and tax recovery services, aimed at enhancing client experience in managing tax-related matters effectively.Founded in 2017 and headquartered in Brussels, Belgium, Refundit BVBA focuses on delivering tax recovery solutions. The company has completed 2 deals to date, with the most recent funding round occurring on November 14, 2019. This Series A round raised USD 9.8 mn, led by Amadeus Ventures and supported by Portugal Ventures. The founders of Refundit are Uri Levine and Ziv Tirosh, with Ziv currently serving as the CEO.Refundit BVBA provides innovative solutions aimed at facilitating tax recovery processes for various industries. Their offerings include advanced software platforms that enable data analytics and tailored consulting services designed to optimize operational efficiency for their clients. The company caters to a diverse customer base, including mid-sized enterprises and large corporations in sectors such as technology, healthcare, and finance, primarily in North America, Europe, and parts of Asia.Revenue is generated through a combination of subscription services and direct transactions, with clients engaging in annual or multi-year contracts to access Refundit's software and consulting services. These agreements often feature tiered pricing plans tailored to client-specific needs, allowing businesses to select options that align with their operational requirements and budget. The revenue strategy is enhanced through partnerships with key distributors and service providers, widening access to their offerings across targeted markets.Refundit BVBA plans to leverage its recent Series A funding of USD 9.8 mn, raised on November 14, 2019, to expand its product portfolio and enhance its market presence. New product designs and updates are anticipated to be released in the upcoming year, targeting additional geographical markets in Europe and Asia by 2022. The funding will support these initiatives, focusing on technological advancements and broader market outreach.

## Funding rounds

- Series A, Nov 14, 2019, $9.8M — Portugal Ventures, Amadeus Ventures

## Investors

- Portugal Ventures (https://capitalatlas.ai/funds/portugal-ventures) — Series A
- Amadeus Ventures (https://capitalatlas.ai/funds/amadeus-ventures) — Series A