Limetax raises €6M and €30M facility for AI tax roll-up
Limetax combined €6M of equity with a €30M acquisition facility to build an AI-enabled group of tax and accounting firms.
Limetax is combining software with acquisition capital to modernise a fragmented professional-services market.
What happened
The company secured €6M of pre-seed equity alongside a €30M acquisition facility, for a total financing package of €36M. The strategy is to acquire tax and accounting firms and integrate them with AI-enabled operating tools rather than build a pure software platform from scratch.
Why it matters
This is a different model from conventional SaaS. Instead of selling software into legacy firms, Limetax aims to own the service businesses themselves and use technology to improve productivity, margins and customer experience.
The bigger picture
AI is helping revive interest in technology-enabled roll-ups across accounting, legal, healthcare and other fragmented industries where workflows remain manual and local firms are difficult to digitise from the outside.