The Chargeback Platform that prevents and recovers chargebacks, on autopilot.
The Chargeback Platform that prevents and recovers chargebacks, on autopilot.
What they do: AI-driven end-to-end chargeback prevention and recovery platform for e-commerce and subscription merchants
Founding: Founded in 2021 by brothers Ariel Chen and Avia Chen
Business model: Pay-for-performance pricing (e.g., percentage of recovered chargebacks)
Scale claims: Reports ~15,000+ merchants, $100M+ recovered, $50B+ transactions protected
Funding: Total disclosed funding $14M (Seed; $11M led by OpenView + prior $3M)
Chargeback prevention and recovery for e-commerce and subscription merchants
2021
Fintech / Payments / Risk Management
$11 million
This $11M tranche built on a previously undisclosed $3M seed to bring total disclosed funding to $14M.
$3 million
Previously undisclosed seed tranche referenced in reporting; combined total with later tranche is $14M.
“OpenView Venture Partners led an $11M seed tranche”