mika offers an AI‑powered accounting platform that automates bookkeeping, SKR 03/04 transaction categorization, and VAT filing for German GmbHs and UGs without internal finance teams. The solution ingests bank feeds and receipts, provides a conversational AI assistant for finance queries, and stores data securely in the cloud with export to DATEV and real‑time compliance dashboards.
Funding
$859.1K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small German GmbHs and UGs that do not have an internal finance function spend excessive time on manual bookkeeping, VAT filings, and handling tax‑authority correspondence. The process is error‑prone, incurs high advisory fees, and often leads to missed deadlines or sub‑optimal tax positions.
Solution
mika delivers an AI‑driven accounting platform that automates the entire bookkeeping workflow for these companies. The system ingests bank feeds and uploaded receipts, extracts data with high‑accuracy OCR, and categorizes transactions according to the German SKR 03/04 standards. VAT pre‑registrations and periodic filings are generated automatically, while a conversational AI assistant answers finance‑related questions and translates tax‑authority letters into plain language. All data are stored in a secure cloud environment and can be exported to DATEV for the year‑end audit. Real‑time dashboards give founders continuous visibility into cash flow, tax‑saving opportunities, and upcoming compliance deadlines, allowing them to focus on business growth instead of paperwork.
Target Audience
The primary customers are German GmbHs and UGs with up to 30 employees, fewer than 500 monthly transactions, and no dedicated CFO or finance team. The solution also fits digital‑first SMEs, agencies, and early‑stage startups that need cost‑effective, compliant bookkeeping.
Features
- AI‑powered receipt capture with ~98 % OCR accuracy and automatic matching to bank transactions
- End‑to‑end bookkeeping automation: posting, SKR 03/04 categorization, and real‑time ledger updates
- Automatic VAT pre‑registration, filing, and compliance alerts for filing deadlines
- Conversational AI chat that handles finance queries, explains tax notices, and provides actionable recommendations
- Integration with bank APIs and Google Drive “upload‑and‑forget” workflow for seamless document ingestion
- Human accountant review layer that validates AI output before export to DATEV or other tax‑advisor tools
- Proactive alerts for missing documents, overdue invoices, and tax‑optimization opportunities
- Role‑based access and GDPR‑compliant encryption for data security