Getida
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Getida - overview
Established
2016
Location
Teaneck, NJ, US
Primary Industry
Software
About
Getida is a specialized service provider focusing on Amazon FBA reimbursement, utilizing advanced technology and a skilled team to streamline claims recovery for sellers. Founded in 2016 by Max Borin and Yoni Mazor, Getida is headquartered in Teaneck, US. The company provides reimbursement services for Amazon FBA, auditing transactions to rectify inventory and financial discrepancies. In September 2022, Getida was acquired by SIB Fixed Cost Reduction, LLC, enabling further expansion and scaling of its offerings.
Getida specializes in Amazon FBA reimbursement services, auditing transactions to identify discrepancies in inventory management and financial reporting. The company leverages proprietary technology and a dedicated case management team to streamline the claims recovery process, allowing sellers to recover funds for lost, damaged, or improperly accounted inventory. By auditing tens of billions of dollars in transactions daily, Getida serves both emerging sellers and established brands across various global markets, including the United States, Canada, Europe, and Asia. Getida operates on a success-based fee model tied to the reimbursement claims filed for clients.
Clients only incur costs when funds are successfully recovered, ensuring alignment of interests. Their revenue model includes a commission from the total amount recovered, catering to Amazon sellers of all sizes, from small businesses to large enterprises, while emphasizing transparency and efficiency in maximizing FBA reimbursements. Following the acquisition in September 2022, Getida aims to expand and scale its offerings and services. The company is exploring the launch of new products, although specific details and release dates have not been disclosed.
Additionally, there are plans for geographic expansion into new markets, although targeted regions have not been specified.
Current Investors
SIB Fixed Cost Reduction, LLC
Primary Industry
Software
Sub Industries
Accounting/Finance Software
Website
http://www.getida.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Getida - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Getida | - |
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