Limetax secures €36m package: €6m equity and €30m acquisition line
Motive Partners led pre-seed equity alongside a bank facility for the tax-advisory group.
Limetax secured €36 million in financing comprising €6 million in pre-seed equity and a €30 million acquisition line from a consortium of German banks.
Motive Partners led the equity financing, with Activant Capital, Heliad, Christian Lindner, Alexander Kudlich, Anton Rummel and Ante Spittler participating. Limetax will develop its DATEV-based AI platform and build further tax-advisory partnerships.
Use of funds
Develop the proprietary AI platform
Build additional partnerships with tax advisory firms