WeVat

London, United Kingdom Founded: 2016 • Age: 10 yrs
Tax refunds are processed online via receipt photo uploads.

About WeVat

WeVat is a Technology company based in London (United Kingdom) founded in 2016 by Dmitry Ivanov. Tax refunds are processed online via receipt photo uploads. WeVat has raised $308.5 thousand across 2 funding rounds from investors including Seedcamp, Andy Phillips and Firstminute Capital. The company has 7 employees. Its chief executive, as recorded, is Dmitry Ivanov. WeVat offers products and services including VAT Refund Service and Mobile App Services. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Savings Platforms. Its legal entity is Vatcat Ltd.

Company details

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.

Key Metrics
  • Total Equity Funding
    $308.5K (USD)

    in 2 rounds

  • Investors
    Seedcamp

    & 6 more

  • Employee Count
    7

Products & Services of WeVat

WeVat offers a comprehensive portfolio of products and services, including VAT Refund Service and Mobile App Services.

VAT Refund Service
Financial Services

VAT refunds are provided for eligible shopping in France, facilitating tax recovery on purchases

Mobile App Services
Digital Services

The app is utilized for uploading invoices and tracking refunds, supporting tax-free shopping processes

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 $308,500
  • Total Rounds 2
  • First Round $308,500

    (Jan 2017)

  • Investors Count 7

All 2 funding rounds of WeVat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2019Series A–Andy Phillips, Firstminute Capital
–
Jan 2017$308,500Seed––
Valuation history

7 investors in total: 3 institutional and 4 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Micro venture capital firm focused on seed investments
firstminute.capitalLondon, United Kingdom
Limited information is provided about Sweet Capital's activities.
sweetcapital.com
Venture capital fund investing in tech startups
2007seedcamp.comLondon, United Kingdom

Andy Phillips

Angel investor focusing on Indian startups, co-founder of The Angel List India.
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Will Neale

UK-based angel investor in Indian startups, focused on tech and innovation.
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Ramesh Haridas

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Adrian Lloyd

Angel investor, Partner at Episode 1 Ventures, focused on tech startups
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Investor details for WeVat

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of WeVat

5 people are tracked at WeVat (3 in leadership, 2 in team); the tracked headcount is 7.

NameRoleGroup
Dmitry Ivanov
Co-Founder & CEOLeadership
Raphael Chow
Co-founder & ChairmanLeadership
Flávio Ferreira
Head of EngineeringLeadership
Liuyi Dong
CS & Operations ExecutiveTeam
Yankang Zhang
市场运营实习生Team
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Complete people profiles for WeVat

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of WeVat

3 dated milestones of WeVat across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded WeVat is founded.
  2. Funding First funding round of $308K.
  3. Funding Latest funding round, Series A,.

Web traffic of WeVat

The website of WeVat (wevat.com) receives about 9.7K visits a month.

  • Monthly visits
    9.7K

    ▼ 23.4% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 12 similar websites and full traffic analytics for WeVat

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 12 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Investment & Financial Technology

2 companies that operate in the same segment as WeVat (Investment & Financial Technology) in United Kingdom, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online data source platform for information, analytics, and solutions for governments and financial markets
1959London, England, United KingdomUSD 1.41 B
AI-based platform for automated personal spend management is provided.
2016London, England, United KingdomUSD 75.78 M
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Frequently Asked Questions about WeVat

WeVat was founded in 2016 and raised its 1st funding round 1 year after it was founded.

WeVat is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Dmitry Ivanov is the CEO of WeVat, as recorded in our data. They have also founded this 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 2017.

WeVat has 7 employees.

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.

WeVat offers VAT Refund Service and Mobile App Services.

WeVat has 7 investors. Key investors include Seedcamp, Andy Phillips, Firstminute Capital, Sweet Capital, and Will Neale.

WeVat operates through Vatcat Ltd.

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