Lovat vs Paraşüt
Lovat
One platform for EPR, e-invoicing, and cross-border VAT compliance
41 employees · est. 2018 · Edinburgh, Latvia
Paraşüt
İşini bilen patronlar, hesabını Paraşüt ile tutar
88 employees · est. 2013 · Istanbul, Turkey
Paraşüt is the older company (2018 vs 2013); Paraşüt is the larger of the two.
Side-by-Side Comparison
| Metric | Lovat | Paraşüt |
|---|---|---|
| Founded | ||
| Founded | 2018 | 2013 older |
| Headquarters | ||
| Headquarters | Edinburgh, Latvia | Istanbul, Turkey |
| Employees | ||
| Employees | 41 | 88 larger |
| Industry | ||
| Industry | Not tracked yet | Enterprise Software, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Series A | Acquired |
| Total Funding | ||
| Total Funding | $200.00K | $3.90M |
| Funding Rounds | ||
| Funding Rounds | 2 | 4 |
| Services | ||
| Services | Sales Tax Compliance Software, VAT Registration and Filing, E-Invoicing Solutions, API Services for Marketplaces, EPR Registration and Compliance | e-Fatura and e-Archive solutions, Financial Reporting and Analytics, CRM and Bank Integrations, Inventory and Stock Management, Cloud-based Accounting Software |
| Target Customers | ||
| Target Customers | E-commerce Sellers, Digital Service Providers, Marketplaces, Businesses Operating Cross-border | Small and Medium Enterprises (SMEs), Accountants and Financial Advisors, e-Commerce Businesses, Business Owners, Startups |
| Taxonomy | ||
| Taxonomy | Tax Management SolutionsEPR ReportingE-InvoicingCross-Border VAT ComplianceSales Tax ComplianceVAT Management +9 | Cloud-based Accounting SoftwareSME Financial ManagementE-InvoicingOnline Payment CollectionExpense TrackingFinancial Reporting +9 |
| Website | ||
| Website | vatcompliance.co | parasut.com |
About Lovat
Lovat is a burgeoning force in the FinTech sector, offering an integrated platform that consolidates EPR, e-invoicing, and cross-border VAT compliance. Founded in 2018 and headquartered in Latvia, the company is poised to transform tax management processes with its innovative software solutions. Th...
About Paraşüt
Paraşüt is a cloud-based accounting software provider based in Istanbul, Turkey. It supports small and medium enterprises, accountants, and e-commerce businesses in efficiently managing their financial operations. Founded in 2013, Paraşüt offers services like e-Fatura and e-Archive solutions, fina...
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Compiled from the BounceWatch company index. We last looked at Lovat on 19 Nov 2025, and Paraşüt on 6 Oct 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.