€36m · Other round · Software · Berlin, Germany
Limetax, a Berlin-based technology company building a group of accounting and tax advisory firms, has secured €36m in financing. The package comprises a €6m pre-seed equity round led by Motive Partners, with Activant, Heliad and angel investors, plus a €30m acquisition facility from a consortium of German banks. Limetax says the capital will support further development of its agentic platform and partnerships with additional firms across Germany.
Founded in 2026 by Christoph Gamon, Maximilian Meyer and Christoph Dansard, Limetax combines established local practices with shared technology and central services. Its platform works alongside DATEV and supports workflows spanning bookkeeping, payroll and financial statements, while professional responsibility and client advice remain with the firms' experts. Eight months after launch, the company reported four firms across seven locations, around 150 employees and annualised revenue in the double-digit millions.
The financing structure matches the operating model
The distinction between the two parts of the package matters. The €6m equity round can fund product development, integration work and the team, while the much larger €30m bank facility is earmarked for acquisitions. That gives Limetax separate pools of capital for building its software and expanding the operating group, rather than asking venture equity alone to finance a roll-up.
The commercial mechanism is deeper than selling another software licence to independent firms. Limetax partners with practices and embeds its platform into the work they already perform. That provides direct access to recurring workflows, domain experts and customer relationships, while central services in recruiting, controlling and process improvement can be shared across the group. Motive Partners argues that this position inside the operation can turn automation into an integration layer across small local practices.
The early scale gives Limetax a live environment in which to develop the platform, but it does not yet prove that the model will deliver consistent productivity or service quality across acquisitions. Each new firm brings its own processes, data and client expectations. Limetax will need to standardise enough of the operating system to create leverage without weakening the local relationships and professional accountability that make tax firms trusted.
That tension is also the investment case. Germany's tax advisory market is fragmented and labour-constrained, while demand from small and medium-sized businesses is recurring. Heliad's thesis is that a consolidator with an industry-specific AI stack can unlock scale in a market that has historically resisted efficiency gains. The next test is whether Limetax can use the acquisition facility to add firms while showing that its platform improves capacity and margins across the enlarged group, not only at its first four practices.
Sources checked:
Limetax company announcement · Motive Partners · Heliad · Tech.eu Funding Explorer
