Limetax lands €36 million to build an AI-powered group of German tax and accounting firms
Berlin-based Limetax has raised €36 million, comprising €6 million in pre-Seed equity and a €30 million credit facility. The pre-Seed equity was led by New York-based Motive Partners, with participation from Activant and Heliad, while the credit facility came from a consortium of German banks. The equity round also saw participation from notable names, including […] The post Limetax lands €36…
Limetax, a Berlin-based startup, has secured €36 million in funding to build an AI-powered group of German tax and accounting firms. The funding includes €6 million in pre-Seed equity led by New York-based Motive Partners, with participation from Activant, Heliad, Christian Lindner, Alexander Kudlich, Anton Rummel, and Ante Spittler.
The credit facility was provided by a consortium of German banks. Limetax aims to address the challenges faced by Germany's nearly 54,000 tax and accounting firms, which include difficulty in recruiting qualified staff and repetitive tasks such as data collection, bookkeeping, and deadline management. The startup's agentic AI platform, which runs on DATEV software, coordinates AI agents across various functions and is now operational across all partner firms.
The investment will be used to accelerate the consolidation of Germany's fragmented tax and accounting market.
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