VATBox
regtech . compliance . data management . governance
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About
VATBox offers peace of mind with our automated cloud-based technology. Recover VAT with complete compliance and genuine governance. Our state-of-the-art patented technology puts companies in control, providing total transparency and insight into all employee travel and expense transactions, foreign account payables, shipping (DDP), and all other invoices automatically identified with reclaimable VAT. Our simple-to-use dashboard offers drill-down analytics, effortlessly streaming compliant data from all VAT receipts and submitting VAT reclaims to the relevant authorities. Built by smart, passionate software engineers and VAT experts, our hassle-free solution minimises overheads and maximises refunds on domestic and foreign VAT.
VATBox is a cloud-based platform that automates VAT recovery and enables compliance & governance. VATBox looks to streamline the complex VAT recovery process to make it accurate, productive, and yielding.
Focus
PRODUCTS & SERVICES
VATBox provides automated cloud-based VAT recovery and governance for foreign VAT, domestic VAT, accounts payable, inter-company, conventions, and shipping/DDP. It also ensures that all the tools and equipment are properly charged and correctly identified, and after checking for eligibility, recovers all the qualified VAT.
REVENUE MODEL
The company follows SaaS based revenue model.
MAIN CLIENTS
VATBox has more over hundreds of customers including Eli Lily
Danone
3M
Nike
Dell
Amazon
etc.
Traction
VALUATION / MARKET CAP:
$133.33 M in 2017
People
FOUNDERS
Isaac Saft
Noam Guzman
NUMBER OF EMPLOYEES
51-200
INVESTORS:
KEY EMPLOYEES:
Noam Guzman(President); Isaac Saft(CEO)
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
2
TOTAL FUNDING
$50 M
DATE OF LAST FUNDING
Feb 2017
TOTAL FUNDING COMMENT
The company will use funds to expand globally and improve the product solutions.
FUNDING SERIES
SERIES A · $6 M · Dec 2012
OTHERS · $44 M · Feb 2017
LISTED
NO
COMMENT
Venture funding: $50 M(Feb 2017)
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