VATBox

VATBox

VATBox

The leading cloud-based solution that enables companies to get back all eligible, foreign and domestic Value-Added Tax (VAT), smoothly, easily and automaticall
Type
B2b
Founded
2012
Raised
$44M
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Alexa global traffic share
Twitter followers
Latest funding
$20,000,000
Venture capital - 2017
Viola Private Equity Target Global Fund
$24,000,000
Venture capital - 2015
Viola Private Equity
Team Size
200+
Employees
Location
Headquarters

Product overview

the problem

Every company is leaving money on the table as they don't hit their full VAT recovery, because of all the different tax rulings it is very labor intensive to recover from all the different countries. This is why they combined lose over 70 billion per year

the solution

We offer a fully automated platform where all the tax rulings are build in and run all the financial data to see if a receipt is compliant or not, if so we will reclaim the VAT and the customer only pays when he receives his refunds, 100% compliant.

target group

Corporate companies and SMB Enterprises

$20,000,000 Venture capital
NoCamels - Israeli Tech and Innovation News , FinSMEs

VAT Recovery Co. VATBox Raises $20M