Berlin-based startup Integral, which provides expert accounting, taxation, and payroll services to support business growth, has secured €6.3 million in a pre-seed funding round, led by General Catalyst and Cherry Ventures.
- Established in 2024 by Lukas Zörner and Anil Can Baykal, Integral simplifies accounting, taxation, and payroll services. By leveraging AI, the company automates time-consuming tasks, making financial processes more accurate, efficient, and manageable.
- The solution is tailored for small businesses, freelancers, and the self-employed, Integral’s platform combines advanced digital tools with expert tax advice, allowing businesses to save time and focus on growth while Integral takes care of the financial details.
Details of the deal
- The pre-seed round was led by General Catalyst, a San Francisco-based VC, and Cherry Ventures, a Berlin-based VC that recently raised $500 million for its fifth fund. This fund includes an Early Stage fund and an Opportunity fund to support promising companies at Series B and beyond.
“We are thrilled to be part of Integral’s journey and look forward to seeing them disrupt the accounting landscape for years to come. We are proud to be the active ingredient in this journey of creating the next European champion within the tax industry, by investing in Integral's €6.3M funding round,” Cherry Venture’s team, commented in a statement.
- Berlin-based VC Puzzle Ventures and entrepreneurs across Europe also participated in the round.
- The fresh capital raised will enable the startup to enhance its AI-driven platform, improve automation, and scale its accounting, taxation, and payroll services for SMEs. The funds will also support team growth and marketing efforts to expand its reach across Europe.
“We want to be the trusted partner for SMEs as they leverage the power of AI to reinvent these operations to be faster and smarter. We are building a platform & service enabling SMEs to outsource these services entirely,” Integral’s team, stated on LinkedIn.
