sevDesk provides a user-friendly cloud-native accounting platform accessible via web and smartphone apps. The company targets the estimated 6.4 million small businesses, freelancers, and entrepreneurs in Germany and Austria and aims to become the leading solution in that market. Founders Fabian Silberer (CEO) and Marco Reinbold (CTO) plan to expand the product portfolio into a complete financial software solution and to enhance automation, artificial intelligence, and mobile-work capabilities. sevDesk emphasises building its integration ecosystem and already partners with Deutsche Bank, Fyrst, Penta, DATEV, Addisson, Wix and Shopify. The company has 165 employees at its Offenburg location and plans rapid hiring, targeting creation of over 200 more jobs by the end of 2022. sevDesk secured new capital to accelerate product development, integrations, and workforce expansion.

Total raised

$62M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2021