About WeVat
WeVat is a company based in London (United Kingdom) founded in 2016 by Dmitry Ivanov.. WeVat has raised $308.5 thousand across 2 funding rounds from investors including Seedcamp, Andy Phillips and Firstminute Capital. The company has 7 employees as of June 30, 2022. WeVat offers products and services including VAT Refund Service and Mobile App Services.
- Headquarter London, United Kingdom
- Employees 7 as on 30 Jun, 2022
- Founders Dmitry Ivanov
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vatcat Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$308.5 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Seedcamp
& 6 more
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Employee Count
7
as on Jun 30, 2022
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Products & Services of WeVat
WeVat offers a comprehensive portfolio of products and services, including VAT Refund Service and Mobile App Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
VAT refunds are provided for eligible shopping in France, facilitating tax recovery on purchases
The app is utilized for uploading invoices and tracking refunds, supporting tax-free shopping processes
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Co Team
1 people
Software Development Team
1 people
Operations Team
1 people
市场运营实习生 Team
1 people
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Funding Insights of WeVat
WeVat has successfully raised a total of $308.5K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(17 Jan 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series A - WeVat | Valuation | Andy Phillips , Firstminute Capital |
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| Jan, 2017 | Amount | Seed - WeVat | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WeVat
WeVat has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Seedcamp, Andy Phillips and Firstminute Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Micro venture capital firm focused on seed investments
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Founded Year | Domain | Location | |
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Limited information is provided about Sweet Capital's activities.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WeVat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WeVat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wevat Comparisons
Competitors of WeVat
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about WeVat
When was WeVat founded?
WeVat was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is WeVat located?
WeVat is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of WeVat?
Dmitry Ivanov is the current CEO of WeVat. They have also founded this company.
Is WeVat a funded company?
WeVat is a funded company, having raised a total of $308.5K across 2 funding rounds to date. The company's 1st funding round was a Seed of $308.5K, raised on Jan 17, 2017.
How many employees does WeVat have?
As of Jun 30, 2022, the latest employee count at WeVat is 7.
What does WeVat do?
WeVat was founded in 2016 in London, United Kingdom, as an online platform in the tax services sector. Receipt photos are uploaded by users, and refund forms are generated automatically. Forms require stamping at airports before refunds are transferred to cards or bank accounts. The platform operates through iOS and Android applications, serving international travelers for VAT reclamation.
What products or services does WeVat offer?
WeVat offers VAT Refund Service and Mobile App Services.
Who are WeVat's investors?
WeVat has 7 investors. Key investors include Seedcamp, Andy Phillips, Firstminute Capital, Sweet Capital, and Will Neale.
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