Company Overview
Welcome to Our Investor Relations Center
Over 2,000 companies have chosen innoscripta to safeguard their R&D investments. The research grant is the perfect opportunity to financially support your innovations, innoscripta is your partner for a successful application. We support you from the application to the documentation.
Executive Summary
~€0tn
Gross domestic R&D spend in OECD (2022)
~0%
R&D spend CAGR in OECD (2022-2030)
Leading
R&D tax credit software(2)
~1,700
Signed customers(1)
0years
Average contract duration (most of which auto-renewed)
<0%
Churn rate(3)
€0m
EBIT (2024A)
0%
EBIT CAGR (2022A-2024A)
>0%
EBIT margin (2024A)
Note(s): (1) As of December 2024; (2) Based on the Company's experience with market participants; (3) Refers to the 2022-2024 period. Customer churn rate refers to number of customers contracts terminated divided by the sum of the existing and newly signed customer contracts in the respective year. Source(s): OECD, Gross domestic spending on R&D (2022), converted using EUR/ USD FX Rate of $1.11; OECD, Main Science and Technology Indicators
What Makes Us Special?
We offer a unique, fully integrated 360° software platform for R&D management, combining project planning, funding applications, and compliance into one user-friendly system. Our approximately 80% success rate in funding applications, driven by advanced AI insights and optimizations, which we believe sets us apart in the industry. Additionally, our customer growth, multiplying our base by 30 times in four years, underscores the value and effectiveness of our solutions. This comprehensive approach ensures businesses can efficiently navigate the complexities of R&D with unmatched precision and success.
What is Current Solution for R&D Documentation and Why does it Create Risks?
In the fast-paced world of innovation, many companies still rely on Excel for R&D management, despite its limitations. Excel often falls short of R&D needs, leading to operational inefficiencies and significant opportunity costs. Our software addresses these issues by integrating all R&D management tasks into a single, seamless platform. This not only streamlines operations but also simplifies the R&D tax grant application process, ensuring companies can focus on innovation rather than administrative hassles.
Excel Falls Short for R&D Needs
Excel causes multiple operational issues that result in a huge opportunity cost in terms of money, time, and resources.
Poor resource visibility
No planning support
Multiple sources of truth
Missed deadlines
Missed opportunities
Cost overruns
Lack of analytics
No strategic alignment
Inadequate prioritisation
Lack of shared vision
Disrupting the Business
We are revolutionizing the R&D services sector, an innovative yet digitally underserved business function, by leveraging cutting-edge technology. Unlike sales, HR, operations, and finance, which have seen extensive digital transformation, R&D remains ripe for disruption. Our solutions aim to bridge this gap, driving efficiency, innovation, and competitive advantage in research and development.
User Friendly Software
We offer an integrated, user-friendly software solution that covers the entire R&D journey, enhancing decision-making and optimizing resource allocation. Our platform maximizes subsidies, provides audit-proof documentation, and ensures data security and privacy. It increases accountability, delivers a single source of truth, and accelerates time-to-market, empowering organizations to streamline their R&D processes effectively.
Key Features
R&D Tax Credit
- Work plans for tax office
- Automated project documentation
- Subsidy estimation
- Seamless document generation
R&D Process Management
- R&D project planning
- Employee/resource capacity management
- Analytics, reporting & dashboards
- Prioritization of steps
- Advanced encryption techniques
- Time tracking
- Integrate with multiple databases
- Budgeting & financial tracking
Market Solutions
What Do We Do?
We aim to revolutionize R&D management with a comprehensive software platform in an effort to replace tools like Excel, streamlining operations and simplifying the R&D tax grant application process. Our user-friendly solution enhances decision-making, optimizes resource allocation, and ensures compliance with audit-proof documentation and robust data security.
Leveraging increasing government support for R&D, our platform drives efficiency, innovation, and competitive advantage by bridging the digital gap in R&D management, meeting the complex needs of clients across various sectors and geographies, and enabling them to capitalize on available incentives in a rapidly evolving market.
One Platform, All Countries
We believe we are a leading provider of Software-as-a-Service R&D tax and R&D project management in Germany with our innoscripta Platform that integrates project management, time tracking and funding management.
In a rapidly evolving market valued at over 100 billion euros, our innovative solutions and deep expertise in R&D tax credits help businesses optimize their efforts and achieve sustainable growth. Demonstrating significant financial growth and a strong market position, innoscripta is committed to delivering exceptional value and robust returns for our clients and stakeholders.
Business Overview
We stand out as a market leader in the R&D tax compliance sector, offering a unique, fully integrated 360° software platform. Our solution is designed to streamline and optimize the entire R&D process, ensuring audit-proof documentation, efficient resource allocation, and maximized subsidies. innoscripta’s proprietary IMS tool allows companies to handle project management, tax credit applications, and compliance in a single, user-friendly system. With a strong focus on AI-driven insights and automation, innoscripta empowers businesses to navigate the complexities of R&D with ease and precision.
Competitive Advantages
Our R&D tax credit service enhances competitive advantage by delivering unparalleled value through deep expertise, proprietary technology, and seamless business system integration. With strong regulatory relationships and a proven track record, we ensure long-term client loyalty and confidence. Leveraging extensive data, we provide tailored advice and customizable reporting, supported by comprehensive training and support. Our scalable and efficient solutions position us as the premier choice for maximizing R&D tax benefits.
Moat
Extensive expertise in R&D tax credits, including requirements, documentation, and compliance.
Benefit
Competitors face significant time and resource barriers to match your level of knowledge and service quality.
Specialized Knowledge and Expertise
Moat
Advanced tools that streamline R&D tax credit documentation and applications.
Benefit
High investment and technical expertise needed to replicate your solutions, which ensure compliance and reduce manual work.
Proprietary Technology and Automation
Moat
Seamless integration with clients' project management, time tracking, and accounting systems.
Benefit
Reduces client burden and increases accuracy, making it difficult for competitors to offer comparable solutions.
Comprehensive Integration
Moat
Significant cost, effort, and risk for clients to switch providers.
Benefit
Ensures long-term client retention due to the complexity of transferring detailed financial and project data.
High Switching Costs
Moat
Established relationships with tax authorities and a proven history of successful claims.
Benefit
Provides clients with confidence in your ability to handle their claims effectively.
Regulatory Relationships and Track Record
Moat
Tailored tools that meet industry-specific and regulatory needs.
Benefit
Difficult for competitors to match the customization and specificity of your services.
Customizable Reporting and Compliance Tools
Moat
Strong, long-term relationships based on trust and proven results.
Benefit
Client loyalty and referrals are hard for competitors to replicate.
Client Relationships and Trust
Moat
Extensive client support and training for maximizing R&D tax credit claims.
Benefit
Differentiates your service and enhances client satisfaction and loyalty.
Comprehensive Support and Training
Moat
Scalable solutions and efficient processes handling large client volumes without compromising quality.
Benefit
Enables rapid growth and creates barriers for new entrants struggling with operational efficiency.
Scalability and Efficiency
R&D Expertise
Tax R&D credits are government-provided fiscal incentives that reduce the financial burden on companies to encourage investment in innovation, thereby stimulating economic growth and technological advancements. Proper documentation of R&D expenses is essential to qualify for these credits, ensuring compliance, preventing fraud, and substantiating claims to avoid penalties and legal challenges.
There is a worldwide competition for R&D incentives. Countries do not want innovative companies to leave the country. Tax R&D credits are fiscal incentives provided by governments to encourage businesses to invest in research and development.
These incentives can come in various forms such as allowances, exemptions, deductions, or credits, and they aim to reduce the financial burden on companies undertaking innovative projects. By lowering the cost of R&D, these tax credits stimulate economic growth, enhance productivity, and boost technological advancements.
Proper documentation of R&D expenses is crucial to qualify for these tax credits. It ensures traceability and transparency, preventing fraud and maintaining compliance with tax regulations. Accurate records allow companies to substantiate their claims and demonstrate that their R&D activities meet the necessary criteria.
Without thorough documentation, companies risk facing compliance issues, potential penalties, and legal challenges during tax audits. Thus, maintaining detailed and organized records of R&D activities is essential to fully benefit from these tax incentives.
Increasingly Complex R&D Claims’ Requirements
Tax authorities now require more detailed documentation for R&D tax credit claims and have narrowed the definition of qualifying activities. Increased scrutiny and audits mean companies must keep meticulous records to defend their claims.
Evolving legislation adds complexity by frequently updating eligibility and credit amounts. The OECD is standardizing R&D tax incentives across member nations to better support business-driven R&D, using research and data infrastructure like the Frascati Manual and the OECD R&D tax incentives database.
The OECD is currently engaged in efforts to standardize R&D tax incentives among its member nations, aiming to enhance support for business-driven research and development endeavors.
The OECD has conducted research on the impact of tax incentives, exemplified by projects like microBeRD, and has formulated measurement standards such as the Frascati Manual. Additionally, it has established a specialized data infrastructure, the OECD R&D tax incentives database, to furnish qualitative and statistical evidence regarding the costs and effects of R&D tax incentives.
Substantiation Requirements
Over the years, tax authorities have been requiring more detailed documentation to substantiate R&D claims.
What additional information is required for R&D claims submitted from 8 August 2023?
FAQ About R&D
Find answers to frequently asked questions about R&D in this section. If you have further inquiries, please contact us- we're always happy to help.
Tax credits for Research and Development (R&D) are financial incentives provided by governments to encourage companies to invest in innovation. These credits can reduce the amount of tax a company owes based on their qualified R&D expenditures. Governments offer these incentives because R&D activities are crucial for driving economic growth, technological advancements, and improving productivity. By easing the financial burden on businesses, governments aim to stimulate innovation, enhance global competitiveness, and promote long-term economic prosperity. These incentives often translate to a reduction of 10-40% of the R&D expenses, significantly lowering the cost of innovation for companies.
Documentation of R&D expenses is essential for several reasons:
- Compliance: Proper documentation ensures that companies comply with the legal requirements set by tax authorities.
- Transparency and Traceability: Detailed records provide transparency and traceability, helping to verify that the claimed expenses are legitimate and meet the criteria for tax credits.
- Fraud Prevention: Accurate documentation helps prevent fraudulent claims and misuse of tax incentives.
Currently, documentation is done using various tools and systems. Companies often use project planning software, time tracking systems, and financial reporting tools to maintain detailed records of their R&D activities and expenditures. However, the lack of an integrated solution can result in data being scattered across different platforms, making it challenging to maintain comprehensive and coherent records.
The primary shortfalls and risks associated with the current documentation methods include:
- Fragmentation of Data: Data spread across multiple tools and platforms can lead to inefficiencies and difficulties in tracking and managing R&D activities
- Compliance Issues: Disorganized or inadequate documentation can make it hard to substantiate claims during audits, leading to potential penalties and legal challenges.
- Fraud Risks: Without a robust and integrated documentation system, the potential for fraudulent claims increases.
- Administrative Burden: Managing dispersed documentation can be time-consuming and overwhelming, especially for smaller companies lacking dedicated resources.
To mitigate these risks, adopting integrated R&D management systems that consolidate all relevant data into a single platform is crucial. These systems enhance transparency, improve efficiency, and ensure compliance with regulatory requirements, allowing companies to fully leverage R&D tax credits.
Leadership
Executive Board
Michael Hohenester is the founder and CEO of innoscripta SE. Since the company’s founding in 2012, he has shaped its strategic direction and technological focus – from the initial idea to its establishment as a leading provider of cloud-based compliance solutions for research and development.
With a clear understanding of the intersection between technology, innovation, and regulatory frameworks, he has built a software company that plays a key role in helping businesses structure their R&D activities to be auditable and sustainably eligible for funding.
Even before founding innoscripta, Michael Hohenester was an entrepreneur: At his previous startup Curefab GmbH, he developed vascular ultrasound systems and gained valuable experience in high-tech software development and the creation of complex technical products.
He completed his studies in Munich and Singapore, where he sharpened his interdisciplinary and international perspective on technology and business models.
His work at innoscripta is driven by a passion for innovation, deep technological expertise, and a commitment to effectively and sustainably supporting research-driven companies in their development.
Alexander Meyer has been part of the executive team at innoscripta since 2014 and is currently responsible for the company's strategic direction as CFO. For many years, he also oversaw HR – a role in which he leveraged his strong interpersonal skills and keen sense for team dynamics and potential.
His leadership style is characterized by entrepreneurial thinking, strong analytical skills, and a commitment to supporting and developing people’s abilities.
Alexander Meyer began his entrepreneurial career as co-founder of CONMATRA Pvt. Ltd. in India, where he built sales and distribution networks for international companies in the medical technology, solar energy, and automotive sectors. He also advised the state governments of Punjab and Haryana on international investment projects.
He studied business administration at the University of Hamburg and Deakin University in Australia.
His deep understanding of strategic business development, leadership, and international markets continues to shape his work – with the goal of making innovation both economically viable and technologically forward-looking.
Sebastian Schwertlein has been a member of the Executive Board of innoscripta SE since 2025 and has served as Chief Operating Officer since 2024, overseeing the company's operational management. With many years of experience in innovation consulting, technology transfer, and B2B sales, he brings extensive expertise in the scalable implementation of R&D strategies in technology-driven companies.
Since 2019, Sebastian Schwertlein has held various leadership roles at innoscripta – including team lead and later partner in B2B Sales & Innovation Consulting. In this capacity, he supported companies in accessing public R&D funding, building project consortia, and strategically evaluating innovation initiatives. During this time, he developed a deep understanding of eligible technologies, cross-industry project structures, and customized consulting processes.
Before joining innoscripta, he gained hands-on experience in the high-tech and automotive industries, including with BMW Group in sensor integration, process analysis, and design engineering. He also acquired technical research experience as a research assistant at the Technical University of Munich.
His background in engineering, combined with analytical strength, operational foresight, and a strong customer orientation, defines his work as COO – with the aim of systematically integrating operational excellence and innovation impact.
