Last updated 2026-06-18
- Raised $10M funding round led by Amadeus Capital Partners, Nov 2019
- Raised $2.5M funding round, Jan 2018
Total raised
$12.5M
Last: 2019-11
Stage
Series A
Founded
2017
Headcount
8
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
Refundit aims to make the process of tax-free shopping easier and more efficient for tourists. Using Refundit's simple application, users can submit their VAT refund requests easily and quickly before arriving at the airport and without stopping at customs. For larger refunds, Refundit advocates a policy of transparency and collects a low service charge, leaving more money for the user. Refundit receives VAT refunds from stores of any type, size, and location.
Funding history · 2 rounds · $12.5M total
2018-01
$2.5M
Q&A
- What is Refundit's primary business?
- Refundit provides a VAT refund application for tourists, simplifying the process of submitting tax-free shopping requests before arriving at the airport and without needing to stop at customs.
- When was Refundit founded?
- Refundit was founded in June 2017.
- What is Refundit's current operational status?
- Refundit is currently inactive and ceased to operate in May 2024.
- Who are the co-founders of Refundit?
- The co-founders of Refundit are Ziv Tirosh, who also serves as CEO, and Uri Levine.
- How much total funding has Refundit raised?
- Refundit has raised a total of $12,500,000 across its funding rounds.
- Which investors participated in Refundit's most recent funding round?
- In November 2019, Refundit raised $10,000,000 with participation from Amadeus Capital Partners.
- What is Refundit's employee count?
- Refundit has an employee count in the 1-10 range.
- What is Refundit's primary sector classification?
- Refundit's primary sector classification is Fintech & Insurtech.
Team · 2
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechFinancial Operations SoftwarePersonal Finance ManagementBusiness SoftwareOperations Solutions
Technologies
Platforms & InterfacesMobile
Target customers
Travel & TourismTravelConsumers
Business model
B2GB2CB2B2C
Tags
personal-financemobile-applicationsfintechtax-refund
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/11749153 | |
| YouTube | youtube.com/channel/UC2Dn9LpLDFF0SwNvPg0LKsw |
Identifiers & details
| Founded | 2017-6 |
|---|---|
| Employees (exact) | 8 |
| Status reason | Non Active, May 2024 ceased to operate |