Chargeback, a Salt Lake City, UT-based real-time dispute management platform for merchants, completed a $6.6m in Series A1 funding.
The round was led by Fintop Capital and Next Frontier Capital with participation from existing investors including Next Coast Ventures and Kickstart Fund.
The company intends to use the funds to accelerate its capacity.
Led by CEO John Munro, Chargeback offers a SaaS-based dispute management platform that acts as a collaboration hub for integrating and automating every step of the dispute lifecycle. The platform reduces operational overhead, optimizes retained revenue, increases acceptance rates, and improves the customer’s experience. Chargeback is an enterprise-grade PCI DSS certified solution in use by more than 100 companies, including 6 of the Fortune 500.