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.

Who is the current CEO of Way2Vat?

Amos Simantov of Way2Vat. They have also founded 1 company.

How many employees does Way2Vat have?

As of Apr 30, 2026, the latest employee count at Way2Vat is 44.

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 22nd amongst 428 active competitors, of which 81 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $312M in Nov, 2025.

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 November, 2025.

Way2Vat - 2026 Company Profile, Team, Funding & Competitors

Way2Vat is a public company based in Tel Aviv (Israel), founded in 2015 by Arnon Yaar, Aviv Barshaf and Amos Simantov. 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 428 active competitors, including 81 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

22^nd among 428 active competitors

Employee Count

44 as on Apr 30, 2026

Investment & Acquisitions

Rbcvat & 1 more

Similar Companies

Brex & 586 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	6054265	Post IPO	9002719	9147927	4928233	3845006
Sep 24, 2017	8615065	Series A	1138182	5460359	3733848	4372030
Jun 19, 2016	7891750	Seed	5044041	8436973	2386473	Kfar Saba

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View details of Way2Vat's funding rounds and investors

The founders of Way2Vat are Arnon Yaar, Aviv Barshaf and Amos Simantov. Amos Simantov is the CEO of Way2Vat.

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

Arnon Yaar: Co-founder, CTO / VP R&D of Way2Vat and founder of 1 other company.
Aviv Barshaf: Co-Founder of Way2Vat.
Amos Simantov: Founder and CEO of Way2Vat.

View details of Way2Vat's Founder profiles and Board Members

Way2Vat's employee count trend

Way2Vat has 44 employees as of Apr 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 & 63 others	85/100
2nd	Ramp 2019, New York City (United States), Series E	Provider of a platform for spend management, corporate cards, and payables	$2.44B	Founders Fund, Coatue & 62 others	85/100
3rd	Avalara 2004, Seattle (United States), Acquired	Provider of cloud-based solutions for tax compliance and related services	$343M	Battery Ventures, Sageview Capital & 17 others	81/100
4th	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Kinnevik, Bain Capital Ventures & 15 others	80/100
5th	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
6th	Spendesk 2016, Paris (France), Series C	Provider of software for managing corporate spending and invoice processing	$304M	Index Ventures, Tiger Global Management & 22 others	76/100
7th	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	76/100
8th	Emburse 2002, San Francisco (United States), Acquired	Provider of travel, expense, payment, invoice, and automation management solutions	$7.5M	Salesforce Ventures, IA Capital Group & 27 others	76/100
9th	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	IVP, 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	Coatue, Greylock Partners & 62 others	75/100
22nd	Way2Vat 2015, Tel Aviv (Israel), Public	Provider of automated VAT and GST reclaim and compliance solutions	$5M	SIB Investment Group, WorldQuant Ventures ... & 8 others	63/100