Zeitgold

Zeitgold enables accounting automation with intelligent software. Zeitgold’s software is based on artificial intelligence (AI). Tax advisors can use it to complete bookkeeping tasks digitally and in a fraction of the time. The AI-based software creates highly precise booking suggestions for more than 80 % of all booking incidents. The average time saved is over 50 % per month. This creates time for higher-volume consulting services and new clients.

Co-founders Stefan Jeschonnek (MBA, Stanford) and Jan Deepen (PhD, WHU) previously co-founded fintech startup SumUp. At Zeitgold, they teamed up with Kobi Eldar (8200 alum), who led a cybersecurity unit in the Israeli Defense Forces and had leading roles in several Israeli tech companies. Zeitgold is backed by Battery Ventures (investor also in GoEuro and N26), Holtzbrinck Ventures (investor also in Zalando, Flixbus and SumUp) and a number of well-known business angels from Germany, Silicon Valley, and Israel.

Pivoted in 2020. Before, Zeitgold provided an app that combines human expertise with artificial intelligence to allow small companies such as owners of cafes, restaurants, small retailers, or craft businesses to manage preparatory accounting and other administrative tasks and run their business easily.

Please check also sorted, a brand of Zeitgold.

Zeitgold Ltd, 100% subsidiary in Israel, for F&E.

Bought by US start-up Deel on 03 August 2021.