Way2Vat

Way2Vat

A company offering a platform for automating VAT reclaim and travel expense management using artificial intelligence.

Way2Vat is a company offering a platform for automating VAT reclaim and travel expense management using artificial intelligence that is headquartered in London, England and was founded in 2015 by Amos Simantov, Arnon Yaar, and Aviv Barshaf.

Funding

Seed

On December 20, 2015 Way2Vat announced raising $1.5 million in seed funding from Monesta VC (lead investor), Standard Bank, Poalim Ventures, and Chris Hitchen.

Series A

On September 24, 2017 Way2Vat announced raising $3.5 million in series A funding from iAngles (lead investor), Global Fintech Solutions (lead investor), SDa Vinci Capital, Standard Bank, Poalim Ventures, and Moneta VC. The CEO of Way2VAt made the following statement regarding the company's series A funding round:

With this round of funding, WAY2VAT will be able to double our staff, and fund sales and marketing operations in New York and London, as well as R&D operations in Israel. We are currently planning for more significant investment rounds going forward, with the company set to grow aggressively throughout the US and Europe.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Way2Vat Series A round
3,500,000
September 24, 2017
1 Result
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