Taxforce Raises €5M to Fix German Tax Advisory
The Taxforce founders: Burkhard Reffeling (CTO), Mathias Marquardt (Founding Tax Advisor), and Caspar Gerleve (CEO) - © Taxforce
Germany has a tax advisor shortage, and Berlin startup Taxforce wants to fix it with AI. The company just announced a €5 million seed round led by Berlin-based investment firm Tenet, according to a company press release.
The problem Taxforce is tackling is real. Germany's tax advisory market generates €40 billion in annual revenue, but the industry is shrinking. Thirty percent of licensed advisors are over 60, and the pool has been getting smaller since 2022. The result: advisors are now picking their clients, not the other way around.
Taxforce's pitch is straightforward. By automating routine bookkeeping tasks, which takes up the bulk of a traditional advisor's time, their team can focus on what clients actually want: timely reports, proactive advice, and someone who actually answers the phone. The company says its technology cuts time spent on routine bookkeeping by more than 70%.
The startup is launching with doctors and medical practices as its first focus group. That means services like automated sick-pay reimbursement claims and real-time tax liability dashboards. In conversations with more than 100 medical practices during their research phase, the founders found a consistent pattern: financials arriving months late and surprise tax bills of €50,000 or more.
Taxforce is now onboarding medical practices across Germany and is actively hiring in tech, accounting, and operations.
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