mika Raises €6M for AI Accounting
mika has raised €6M to build an AI-native financial operating system for German SMEs covering bookkeeping, VAT and tax filing.
Berlin-based mika has raised €6M to automate accounting and tax work for small and medium-sized businesses.
What happened
The company is building an AI-native financial operating system that handles bookkeeping, VAT returns, annual accounts and tax filings.
Rather than acting only as an assistant to accountants, mika is trying to automate the underlying workflow while keeping compliance requirements at the centre of the product.
Why it matters
Accounting and tax are attractive vertical-AI markets because the work is repetitive, document-heavy and expensive to perform manually, but errors can have significant regulatory consequences.
That creates demand for systems that combine automation with auditability and domain-specific controls.
The bigger picture
Vertical AI is increasingly moving into regulated back-office functions where general-purpose tools are not enough. The winning products may be those that can deliver automation without sacrificing reliability, explainability and compliance.