German startup Steuerboard raises €725k in a pre-Seed financing round led by High-Tech Gründerfonds (HTGF) to accelerate product development and market expansion.
Steuerboard, a Düsseldorf-based B2B SaaS platform, founded in 2023 by Matyas Heins and Jakob Brandt, focuses on innovating tax workflows by eliminating email ping-pong.
The platform integrates AI technology to address the specialist-staff shortage in tax advisory firms, aiming to improve efficiency and transparency.
The global tax software market was valued at €16.1 billion in 2023 and is expected to grow at a 10% CAGR through 2030.
Germany, accounting for about 30% of the European total, represents a significant opportunity for solutions like Steuerboard in the tax management software segment.
Steuerboard has onboarded nearly 100 tax offices and supports thousands of businesses monthly, indicating strong demand for AI-driven collaboration in Germany's tax industry.
With the new funding, Steuerboard plans to expand its teams, enhance AI workflows, and increase its sales presence in the DACH region over the next 24 months.