Integral, a Berlin-based FinTech startup, has raised €6.3 million in a funding round led by General Catalyst and Cherry Ventures, with participation from Puzzle Ventures and leading European entrepreneurs. The company is launching its first AI-powered product, targeting German SMEs in the professional services sector.
Lukas Zörner, Founder of Integral, emphasized the company’s mission to transform accounting, taxation, and payroll services for SMEs. He stated that traditional self-service software demands excessive time and effort, preventing businesses from focusing on growth. He explained that Integral is building an AI-driven platform that enables SMEs to fully outsource these functions, ensuring efficiency and accuracy.
Founded in 2024 by Lukas Zörner and Anil Can Baykal, Integral is addressing the inefficiencies in Germany’s €45 billion accounting and taxation market, where SMEs struggle with high compliance costs and a shortage of skilled professionals. Seventy-one percent of advisory firms report staffing shortages, leading to manual errors and missed deadlines.
The company highlights that the industry relies on outdated technology and lacks a centralized platform tailored to both SMEs and advisors. Integral’s solution offers AI-powered automation, seamless financial integrations, and real-time collaboration tools to optimize tax and accounting processes.
Zeynep Yavuz, Partner at General Catalyst, underscored the importance of modernizing SME financial tools, praising the founders’ vision and expertise in building impactful financial products. Filip Dames, Founding Partner at Cherry Ventures, described Integral’s approach as transformative, tackling a long-standing industry challenge with cutting-edge AI solutions.
With this investment, Integral plans to enhance its product, expand its team in Berlin, and refine its AI-driven financial services to support SMEs across Europe.
Featured image: Credit: Integral
