When was Way2Vat founded?

Way2Vat was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Way2Vat located?

Way2Vat is headquartered in Tel Aviv, Israel.

How many employees does Way2Vat have?

As of Jun 30, 2026, the latest employee count at Way2Vat is 45.

Is Way2Vat a funded company?

Way2Vat is a funded company, having raised a total of $5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 19, 2016.

When was the latest funding round of Way2Vat?

Way2Vat's latest funding was a $***** Post IPO round on Jun 08, 2022, with participation from 0 investor.

Where does Way2Vat rank among its competitors?

Way2Vat ranks 20th amongst 433 active competitors, of which 79 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $782M in Jun, 2026.

Who are the top competitors of Way2Vat?

Way2Vat's top competitors include Brex, Ramp and Avalara. Among them, Ramp secured the most recent funding round in June, 2026.

Way2Vat - 2026 Company Profile, Team, Funding & Competitors

Way2Vat is a public company based in Tel Aviv (Israel), founded in 2015 by Aviv Barshaf. It operates as a Provider of automated VAT and GST reclaim and compliance solutions. Way2Vat has raised $5M in funding from investors like Da Vinci Capital, Poalim Capital Markets and Moneta. The company has 433 active competitors, including 79 funded and 87 that have exited. Its top competitors include companies like Brex, Ramp and Avalara.

Company Details

Provider of automated VAT and GST reclaim and compliance solutions. The business offers indirect tax management through automation and expert advisory services. It provides invoice validation and compliance management. The company’s platform supports digital reporting requirements and helps businesses prepare for mandatory standards.

Website: way2vat.com
Email ID: *****@way2vat.com

Key Metrics

Founded Year

2015

Location

Tel Aviv, Israel

Stage

Public

Total Funding

$5M in 3 rounds

Latest Funding Round

Post IPO, Jun 08, 2022, $*****

Investors

Da Vinci Capital & 9 more

Ranked

20^th among 433 active competitors

Employee Count

45 as on Jun 30, 2026

Investment & Acquisitions

Rbcvat & 1 more

Similar Companies

Brex & 588 more

Exit Details

Public

View Way2Vat's full profile

Way2Vat got listed on Sep 17, 2021.

Click here to take a look at Way2Vat's IPO in detail

Way2Vat has raised a total funding of $5M over 3 rounds. Its first funding round was on Jun 19, 2016. Way2Vat has 10 institutional investors.

Here is the list of recent funding rounds of Way2Vat:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 08, 2022	4277203	Post IPO	4862852	9630030	2581014	5502303
Sep 24, 2017	9747230	Series A	6464671	7937978	4704736	7067553
Jun 19, 2016	3670563	Seed	2961626	8799039	5497651	Kfar Saba

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View details of Way2Vat's funding rounds and investors

The founders of Way2Vat is Aviv Barshaf.

Here are the details of Way2Vat's key team members:

Aviv Barshaf: Co-Founder of Way2Vat.

View details of Way2Vat's Founder profiles and Board Members

Way2Vat's employee count trend

Way2Vat has 45 employees as of Jun 26. Here is Way2Vat's employee count trend over the years:

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Top competitors of Way2Vat include Brex, Ramp and Avalara. Here is the list of Top 10 competitors of Way2Vat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brex 2017, Draper (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	DST Global, Greenoaks & 68 others	85/100
2nd	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 70 others	84/100
3rd	Avalara 2004, Seattle (United States), Acquired	Provider of cloud-based solutions for tax compliance and related services	$343M	Sageview Capital, Battery Ventures & 17 others	81/100
4th	Navan 2015, Palo Alto (United States), Public	Provider of a platform for business travel and expense management	$1.58B	Andreessen Horowitz, Greenoaks & 22 others	80/100
5th	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Kinnevik, Creandum & 15 others	80/100
6th	Fyle 2016, Newark (United States), Acquired	Provider of expense management software automating receipt tracking and reconciliation	$15.4M	Pravega Ventures, Tiger Global Management ... & 24 others	77/100
7th	Emburse 2002, San Francisco (United States), Acquired	Provider of travel, expense, payment, invoice, and automation management solutions	$7.5M	Google Ventures, General Catalyst & 27 others	76/100
8th	Spendesk 2016, Paris (France), Series C	Provider of software for managing corporate spending and invoice processing	$304M	Index Ventures, Tiger Global Management & 22 others	75/100
9th	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	RRE Ventures, American Express & 7 others	75/100
10th	Marqeta 2010, Oakland (United States), Public	Provider of a platform for modern card issuing and payment solutions	$528M	Greylock Partners, Coatue & 62 others	75/100
20th	Way2Vat 2015, Tel Aviv (Israel), Public	Provider of automated VAT and GST reclaim and compliance solutions	$5M	SIB Investment Group, WorldQuant Ventures ... & 8 others	58/100