Way2Vat
VAT Reclamation App for Global Companies
Startup Public Fintech & Insurtech Est. 2016
Total Raised
$11.62M
Public
Last Round
$726.85K
7 rounds
Investors
8
8 public
Team
3
11-50 employees
Confidence
92/100
News
9
articles
About
Way2VAT provides multiple financial instruments powered by its patented AI technology to serve the enterprise and SMB markets worldwide. The company’s Spend Card enables corporations to manage spending while collecting all required documentation and connecting it to an ERP system, and its fully automated, end-to-end VAT reclamation solution is designed to simplify local and foreign VAT recovery.
Classification
Sector
Fintech & InsurtechPersonal Finance ManagementFinancial Operations SoftwareBusiness SoftwareOperations Solutions
Core Technology
Platforms & InterfacesAPIArtificial IntelligenceMachine Learning
Target Customer
Financial ServicesAccountingTaxEnterprise & Professional ServicesSMBs & SMEsEnterprises
Business Model
B2B
Tags
tax-refundtraveltechfintechpatent-pendingmobile-applicationsaccounting
Funding & Events
Sep 2021
Exit Undisclosed
Sep 2017
A Round $3.5M
iAngels, Standard Bank of South Africa, Da Vinci Capital, Poalim Ventures
May 2019
Undisclosed Round Undisclosed
Prytek Ventures
Jun 2022
Non-equity $625K
(Lead)
Jul 2022
M&A Undisclosed
Feb 2016
Seed $1.5M
Moneta VC, Poalim Ventures
Dec 2022
PIPE $726.85K
iAngels, Moneta VC
Aug 2022
PIPE $198.23K
Moneta Seeds, Undisclosed Investor(s)
News (9)
Jun 26, 2025 · finance.yahoo.com
growth-positive
Several Insiders Invested In Way 2 Vat Flagging Positive News
Feb 28, 2025 · finance.yahoo.com
growth-negative
Way 2 Vat Full Year 2024 Earnings: US$0.004 loss per share (vs US$0.009 loss in FY 2023)
Jun 22, 2023 · www.proactiveinvestors.com
Way2VAT earns patent for AI-Driven VAT reclaim system
Dec 7, 2022 · cdn-api.markitdigital.com
Way2VAT secures A$1.1 million placement to accelerate current growth opportunities for expanding product suite
Jul 29, 2022 · www.businesstravelnews.com
growth-positive
Way2VAT to Acquire DevoluIVA
AcquisitionExpand
Way2VAT receives $625,000 in funding highlighting its innovation in fintech
Sep 22, 2021 · en.globes.co.il
growth-positive
Israeli fintech co Way2Vat completes IPO in Australia
Public TradingCustomers
Nov 17, 2018 · blogs.timesofisrael.com
growth-positive
How to get your VAT refund overseas in a click
Customers
Sep 11, 2017 · www.calcalistech.com
growth-positive
South Africa's Largest Bank Backs Invoice Scanning Startup
InvestmentExpand
Details
Product Stage
Released
Employees
11-50
Exact Count
46
District
Center District
Founded
2016
Registrar
515043982
Crunchbase
way2vat
Locations
HaBarzel 34, Tel Aviv-Yafo, Israel
tirbei Vod, Craiova, Romania
12 East 49th Street, New York, NY, USA
Bolshoy Gnezdnikovskiy pereulok, Moscow, Russia
83 Victoria St, Westminster, London, UK
Links
Website
LinkedIn
Facebook
Admin
Last Update
Jun 27, 2025
Verified by
Natalia Golczar
Missing
markets, not claimed
Team (3)
Amos Simantov
Co-founder & CEO
Founder
Aviv Barshaf
Co-founder & VP Finance
Founder
Roy Shilkrot
Co-founder (No longer with the company)
Founder
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2015-12-20T00:00:00.000Z
Last editor
Jenny Sotnik-Talisman (jenny.sotnik@sncentral.org)
Status
Public on ASX on Sep, 2021;