mika raises €6 million seed for AI bookkeeping and tax returns for small German companies

mika raises €6 million seed for AI bookkeeping and tax returns for small German companies

23 September 2026: mika, a Berlin company, announced on 23 September 2026 a seed round of €6 million, according to its own press release.

The round

• Amount and stage: €6 million, seed.
• Lead investor: Smedvig Ventures.
• Other investors named: Wecken & Cie. (Care4 AG); angel investors Dennis Bemmann, Michael Brehm, Johannes Ditterich and Martina Pfeifer (encourageventures); and existing investors Keen Venture Partners and Dutch Founders Fund.
• Use of the money: "growth and the further development of the AI system".

What the company does

mika serves small German limited companies (GmbH and UG). It takes on their bookkeeping, VAT pre-returns (Umsatzsteuer-Voranmeldung), annual accounts and company tax returns, with an AI system doing most of the processing. The company says more than 750 companies use it and that it passed €1 million in revenue in July 2026.

Why it matters for buyers

In Germany, even a one-person GmbH must keep double-entry books, file monthly or quarterly VAT returns and produce annual accounts, and most use a tax adviser (Steuerberater) for this. Services that automate the routine work promise lower fees, but German law reserves tax advice to licensed professionals, so it matters how a provider combines software with qualified advisers.

What to check

• Founders of small German companies should ask who signs off and submits filings, whether a licensed Steuerberater is responsible, and what professional liability cover applies.
• Finance should confirm how bank feeds, receipts and invoices are captured, and how corrections are handled after a filing.
• Anyone switching should check how records move over from the current adviser's system and how data can be exported if they leave.
• Companies preparing for mandatory e-invoicing in Germany should ask how incoming and outgoing e-invoices are processed.

Sources

• mika: Seed funding of €6 million - 23 September 2026
• Tech.eu: German AI startup mika raises €6M to simplify accounting and tax for SMEs - 23 September 2026