Ex-Razor and N26 alumni land €36M to build AI roll-up of Germany’s tax industry
Tech Funding News 1 month ago 11
Limetax raised €36 million to build an AI platform for German tax advisers and acquired multiple tax firms to deploy it. The funding includes €6 million in early-stage equity and a €30 million bank loan. Its AI bookkeeping tools reduced monthly processing time per client from 20 hours to 6, supporting a roll-up model of tax firms that keeps human review for legal responsibility.