Limetax Lands €36 Million to Build an AI-Powered Group of German Tax and Accounting Firms
4 Articles
4 Articles
Since his departure from politics, the former finance minister Christian Lindner has been engaged as an investor. According to a media report, he is now joining a fintech that wants to trim tax law firms for efficiency.
Steuermann: The former Federal Minister of Finance Christian Lindner participates in the Berlin startup Limetax, reports the "manager magazine". The company buys independent tax law firms and makes them more efficient with the help of AI. Lindner helps the company with his network and his experience as finance minister. Limetax has already taken over four law firms since its foundation in January and plans to swallow ten to 15 more law firms in …
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 […]
So-called roll-up companies are currently experiencing a hype in the tech scene. Now, the former Federal Finance Minister is also taking on the trend – and is financing the three founders of a Berlin-based company who want to buy tax consultants.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
