+105%

est. 2Y upside i

FinTechSeries C

Justt is revolutionizing chargeback management with a cutting-edge AI-powered platform that uses machine learning to tailor and optimize the results. Unlike traditional template-based solutions, Justt utilizes dynamic arguments to generate tailored evidence for each dispute, selecting and leveraging the best data points from 500+ options derived from PSPs, third-party enrichment sources, and merchant data.

Rank

#403

Sector

Fintech

Est. Liquidity

~3Y

Data Quality

Data: Medium

Justt offers high expected upside (~105% over 2 years) driven by rapid growth and a large market, but risks include severe preference overhang (100M of 170M), no secondary liquidity, and intense competition from incumbents.

Last updated: July 3, 2026

Bull (20%)+200%

Exit multiple expands to 9x forward revenue on strong growth and IPO window, implying ~$657M exit. Return capped at +200% per stage constraint.

Base (45%)+138%

Multiple converges to 6x forward revenue, exit at ~$438M. Revenue grows to $73M, yielding 157.6% raw upside, net 137.6% after dilution.

Bear (35%)+9%

Multiple compresses to 3x, exit ~$219M. Raw upside 28.8% minus dilution, with preference overhang not triggered but limiting return.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

5880%

Total funding of $100M exceeds 55% of the $170M entry valuation, creating a severe preference overhang that could wipe out common equity in a low exit scenario.

Dilution Risk

high

With $30M raised in Dec 2024 and high burn, a dilutive fundraising round within 2 years is likely; we assume 20% dilution.

Secondary Liquidity

none

No secondary market activity noted; equity is illiquid until an exit event.

Questions to Ask at the Interview

Strategic questions based on justt's data — designed to show you've done your homework.

  • 1

    How does Justt differentiate from Visa's Verifi and Mastercard's Ethoca over the next 2-3 years?

  • 2

    What is the path to profitability given the current burn rate and success-based pricing model?

  • 3

    How do you think about equity dilution in the context of the likely Series D raise, and what is the expected ownership retention?

Community

Valuation Sentiment

Our model estimates +105% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.