Chargeflow Raises $35 Million In Series A Funding Led By Viola Growth And OpenView Venture Partners

Chargeflow, a chargeback automation platform based in NYC, raised $35 million in Series A funding, which includes a $10 million debt facility. This investment brings the company's total funding to $49 million and is aimed at enhancing its end-to-end chargeback automation suite while scaling its global operations.

Summary of transaction details:

• Deal Type: Series A
• Transaction Amount: $35,000,000
• Founders: Ariel Chen & Avia Chen
• Key Executive: Ariel Chen (CEO)
• Notable Investors: Viola Growth & OpenView Venture Partners
• Headquarters: New York City
• Total Funding: $49,000,000
• Merchants Protected: Over 15,000 worldwide

Chargeflow's platform assists merchants in recovering and preventing chargebacks by automating the collection and analysis of transaction data. The system integrates with over 100 payment, data, and eCommerce platforms, which allows for real-time tracking of disputes and proactive detection of friendly fraud.