Skalar snaps €12M from Headline to build a tax and accounting firm designed around AI — TFN

Skalar has raised €12 million in early-stage funding, led by Headline, to build a tax and accounting firm centred on AI.

After selling Stocard to Klarna, founder Björn Goß interned at tax firms to gain direct industry experience.

Over the past three years, more than 300,000 US accountants have left the profession, and 74% of firms are unable to accept new clients.

After selling Stocard to Klarna in a nine-figure deal in 2021, Björn Goß interned at a tax advisory firm to understand the industry’s problems firsthand. He came away convinced that adding AI to existing software wasn’t enough, as a firm needed to be built around AI from the start.

Munich-based Skalar has now raised €12 million in combined pre-seed and seed funding to test that idea, led by Headline, with support from futurepresent, QED Investors, Repeat, MS&AD, Foreword and a group of angel investors.