Last updated 2026-07-26
- Went public on ASX (W2V), Sep 2021
- Acquired RBC VAT for $4M, Nov 2025
- Acquired DevoluIVA, Jul 2022
Total raised
$22.1M
Last: Public Offering 2025-11
Stage
Public
Founded
2016
Headcount
80
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. Way2VAT combines AI-driven automation with expert VAT consultancy to deliver complete indirect tax management, including automated reclaim across 40+ countries, real-time invoice validation, and strategic advisory.
Funding history · 13 rounds · $22.1M total
2026-06
Secondary
$1.7M
★ Moneta Seeds★ Amos Simantov★ Adoram Ga'ash★ Placement participants★ Placement participants from April 2026 placementRobert EdgleyDavid BuckinghamPlacement participants from April 2026
2025-09
Debt Financing
$2.7M
★ Bank Hapoalim
2025-06
D Round
$1.3M
2025-01
Convertible Debt
$858K
2025-01
Convertible Debt
$1.7M
2024-02
PIPE
$2.8M
★ Bell Potter Securities LimitedExisting eligible shareholdersAustralian and international institutional investors
2023-07
C Round
Undisclosed
★ Current sophisticated and institutional investors
2022-11
PIPE
$727K
★ iAngels★ Moneta VC
2022-06
Grant
$625K
★ Israeli Innovation Authority
2021-09
Follow-on PO
$4.6M
★ iAngels fund★ Poalim Capital Markets★ Public offering on the Australian Securities Exchange★ Public investors on the Australian Securities Exchange
2019-04
B Round
Undisclosed
★ Prytek Ventures
2017-09
A Round
$3.5M
★ iAngels★ Moneta Seeds★ Standard Bank★ Poalim Ventures★ Da Vinci Capital★ Standard Bank of South Africa
2016-01
Seed
$1.5M
★ iAngels★ Moneta VC★ Moneta Seeds★ Standard Bank★ Poalim Ventures
Headcount over time
From 18 (2017-09) to 44 (2026-03) · +26 (+144%) · 57 points · source: Finder history + radar grounding
Q&A
- What is Way2VAT's primary business?
- Way2VAT simplifies complex financial processes such as VAT & GST reclaim and AP invoice compliance using its AI-driven platform. It offers a Spend Card for managing corporate spending and an automated, end-to-end VAT reclamation solution.
- When did Way2VAT go public and on which exchange?
- Way2VAT went public on the ASX in September 2021 with an IPO amount of $6,000,000.
- What was Way2VAT's most recent funding event?
- Way2VAT completed a Public Offering in November 2025, raising $1,900,000.
- Has Way2VAT made any acquisitions recently?
- In November 2025, Way2VAT acquired RBCVAT Limited for $4,000,000.
- What is Way2VAT's primary sector?
- Way2VAT's primary sector is Fintech & Insurtech.
- Who are the founders of Way2VAT?
- The founders of Way2VAT are Amos Simantov (Founder & CEO), Arnon Yaar (Co-founder, CTO / VP R&D), and Aviv Barshaf (Co-Founder & VP Finance).
- What was Way2VAT's first funding round?
- Way2VAT secured a Seed round of $1,500,000 in June 2016, led by Moneta Seeds.
Team · 3
Amos Simantov
Founder · Founder & CEO
Arnon Yaar
Founder · Co-founder, CTO / VP R&D
Aviv Barshaf
Founder · Co-Founder & VP Finance
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
| Legal name | Way 2 Vat Ltd |
|---|---|
| Founded | 2016-2 |
| Employees (exact) | 80 |
| 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 |
|---|---|---|---|---|
| IPO | 2021-09 | ASX | W2V | $6.0M |
Radar intelligence
Patents
| EPO | 4 |
|---|
Publications (Crossref)
| Works | 1 |
|---|
Web history (Wayback)
| Domain | way2vat.com |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515043982 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2014-02-19 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 1 |
| Registry events | 4 — charge (1), people (1), other (1), shares_capital (1) |
| Registered address | תוצרת הארץ 3 פתח תקווה |
Recent registry events
| Date | Event |
|---|---|
| 2025-10-29 | רישום שעבוד |
| 2025-12-11 | עדכון דירקטורים-הסרת דירקטור |
| 2025-12-09 | שינוי בתקנון |
| 2025-12-07 | הגדלה של הון רשום |