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Germany-based provider of AI-assisted tools that automate invoice capture, supplier management and accounting workflows.
SMACC GmbH automates invoicing and accounting for small and medium-sized businesses, using artificial intelligence to capture up to 30 fields of invoice data. Founded by Janosch Novak, Stefan Korsch and Ulrich Erxleben, the company is headquartered in Germany and has expanded to Austria and Switzerland. It is at the Series A stage with total funding of EUR 3.500 mn, including a EUR 1.750 mn grant from InvestitionsBank des Landes Brandenburg.
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