Pie Systems
PrivateLast Round
Series A
Nov 27, 2025
Total Funding Raised
$18.2M
Company Overview
Pie Systems is a financial software company that provides a digital platform for tourists and merchants to process value-added tax (VAT) refunds.
Sector
FinTech
Verticals
Digital Payments, Retail Technology, RegTech, Mobile Commerce
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Revenue Share, Usage-Based SaaS, Freemium
AI Layer
Non-AI
Keywords
vat refund platformtax-free shoppingdigital vat refundtax refund appfintechretail technologymerchant dashboardtravel techregtechb2b2c platformpos integrationretail analyticsshopify integrationesim data service
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Pie Systems Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Pie Systems Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Nov 27, 2025 | ||||
| Seed | Dec 1, 2018 |
Pie Systems Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Builders VC | Series A |
| Coral Capital | Series A |
| MATH Venture Partners | Series A |
| DG Ventures | Series A |
| New Commerce Ventures | Series A |
| Green Visor Capital | Series A, Seed |
| Context Ventures | Series A |
Pie Systems Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Pie Systems's valuation, stock price, and market status.