Last updated 2026-06-18
- Went public, Sep 2021
- Acquired RBC VAT for $4M, Nov 2025
- Acquired DevoluIVA, Jul 2022
Total raised
$11.6M
Last: 2022-12
Stage
Public
Founded
2016
Headcount
46
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
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.
Funding history · 6 rounds · $11.6M total
2022-06
Grant
$625K
2019-05
Undisclosed
2016-02
$1.5M
Date unknown
Q&A
- What was Way2Vat's most recent funding round?
- In December 2022, Way2Vat secured $726,850 in a funding round with participation from iAngels and Moneta VC.
- When did Way2Vat go public?
- Way2Vat became a public company on the ASX in September 2021, raising $5,070,000 through its public offering.
- What was Way2Vat's most recent acquisition?
- In November 2025, Way2Vat acquired RBCVAT Limited for $4,000,000.
- What was Way2Vat's previous acquisition before RBCVAT Limited?
- In July 2022, Way2Vat acquired DevoluIVA.
- When was Way2Vat founded?
- Way2Vat was founded in February 2016.
- What is Way2Vat's primary business model?
- Way2Vat operates on a B2B business model, providing VAT reclamation solutions for global companies.
- What is Way2Vat's primary sector?
- Way2Vat's primary sector is Fintech & Insurtech.
Team · 3
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechPersonal Finance ManagementFinancial Operations SoftwareBusiness SoftwareOperations Solutions
Technologies
Platforms & InterfacesAPIArtificial IntelligenceMachine Learning
Target customers
Financial ServicesAccountingTaxEnterprise & Professional ServicesSMBs & SMEsEnterprises
Business model
B2B
Tags
tax-refundtraveltechfintechpatent-pendingmobile-applicationsaccounting
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | way2vat.com |
|---|---|
| linkedin.com/company/10456022 | |
| facebook.com/way2vat | |
| YouTube | youtube.com/channel/UCL2qucwkvT5bxWGT-tdtzfA |
Identifiers & details
| Founded | 2016-2 |
|---|---|
| Employees (exact) | 46 |
| Offices | Craiova; New York; Moskva; United Kingdom |
| Market cap | $14.8M |
| Status reason | Public on ASX on Sep, 2021; |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| RBC VAT | 2025-11 | $4.0M |
| DevoluIVA | 2022-07 |
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| 2021-09 | $5.1M |