AI-Powered Finance Platform Integral Secures Major Funding

Berlin-based fintech startup Integral has secured €6.3 million in funding to tackle one of the biggest challenges facing German businesses today: complex accounting and tax processes. According to information from Startbase, the pre-seed funding round was led by General Catalyst and Cherry Ventures, with participation from Puzzle Ventures and various European entrepreneurs.

Founded in 2024, Integral aims to modernize accounting, tax, and payroll processes for small and medium-sized enterprises (SMEs) in Germany, where businesses currently spend an average of 1.9% of their revenue on tax and compliance costs – among the highest rates in Europe.

The startup's platform combines artificial intelligence with human expertise to streamline financial operations. Their platform uses advanced large language models (LLMs) to automate time-consuming tasks, ensuring accuracy, efficiency, and a customer-first experience.

Key features include AI-powered automation of tax, accounting, and payroll processes, direct integration with existing financial tools, and a collaborative platform connecting businesses with tax advisors.

The timing couldn't be better, as 71% of tax and consulting firms report difficulties finding qualified staff. "SMEs should be able to focus on their growth – not on complicated tax processes," says Integral founder Lukas Zörner.

The fresh capital will be used to further develop the platform and expand the team in Berlin.