mika raises €6 million seed for AI bookkeeping and tax returns for small German companies
EditorialBy TrustList Editorial
Berlin start-up mika announced a €6 million seed round on 23 September 2026, led by Smedvig Ventures. Its AI handles bookkeeping, VAT returns, annual accounts and tax returns for small German GmbHs; it says 750+ companies use it.
- Germany
- Berlin, Germany
- Europe
- Accounting Software
- +4 more
About 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
Categories & features
- Germany
- Berlin, Germany
- Europe
- Accounting Software
- Tax Compliance
- Value Added Tax (VAT)
- SME
- Venture Capital
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