Pie Systems offers a fully digitized end-to-end product for easy tax-free shopping and VAT refunds. Merchants can facilitate and consumers can claim VAT refunds hassle-free through its web, iOS, and Android Pie VAT app, with headquarters in Copenhagen.
Subscribe to see Pie Systems’s full profile → the full roster, investors in every round, weekly hiring history and every corporate event
Pie Systems is a fintech company headquartered in Denmark. It has raised at least $17.1M across the 2 funding rounds on record. Its most recent funding round, Series A, raised $15.5M in November 2025. Xcout tracks 2 named people at Pie Systems, including Sunny Long (Co-Founder/CEO).
At least $17.1M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $15.5M | 9 named | |
| SEC Form D filing | $1.6M | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
A few of Pie Systems's closest competitors — see the full list of competitors and alternatives →
Global Blue is a tourism shopping tax refund company headquartered in Nyon, Switzerland. It serves as a strategic technology and payments partner, offering innovative tax-free shopping and VAT/GST refund services to retailers and international shoppers worldwide.
eClear AG is a tax technology and fintech company headquartered in Berlin, Germany. Founded to innovate cross-border trade, it provides automated compliance software solutions for VAT and customs management across Europe.
Coindrum is a company headquartered in Dublin, Ireland, with 3 total employees. It provides a simple self-service machine that converts passengers' spare change into airport spending credit, aiming to bridge the airport spending gap.
Brightwell is an Atlanta-based financial technology company that provides financial institutions and businesses with fully compliant cross-border payment solutions and international refunds.
Pie Systems (Pie VAT) is a digital platform headquartered in Copenhagen, Denmark, that uses advanced AI to automate and streamline VAT refund processes for international travelers.
Copenhagen Fintech is a Danish fintech innovation hub and ecosystem organization that supports fintech startups, established financial companies, researchers, and public-sector stakeholders. It provides programs, networks, workspace, and collaboration opportunities aimed at developing financial technology and fostering innovation in Denmark.
Funding rounds, acquisitions, new executives, launches and expansions, each with a two-line summary and a link to the source. One short email a day, only when there is news.
Free: up to 5 companies, daily. Subscribers also follow whole sectors and saved filters (M&A in Israel, AI funding…), get instant alerts, in-app notifications and signed webhooks, and open the full profile behind every name. Subscribe →
Something wrong or missing about Pie Systems? Suggest a correction
Post the link and the card appears automatically — each network fetches the image itself.