Die Geschäftsführer und Gründer der Buchhaltungssoftware CANDIS

Christopher Becker (Co-Founder, CSO), Garik Suess (Co-Founder, CTO), and Christian Ritosek (Co-Founder, CMO) © Jan Zappner

Candis

Automated Accouting

FinTech
Founded in 2015
30 employees
Funding €4.5M / 2 Rounds

Candis is a pioneer in accounting automation and its related financial processes. Operating at the intersection of financial data and human work, Candis leverages machine learning to help companies get KPIs faster with less manual effort. That enables companies and tax advisors to save time and have a better collaboration within finance teams. To date Candis serves thousands of customers and invests heavily in technology (supported e.g. by DAI Laboratory at the TU Berlin). Website

Interview with Candis

What inspired you to found your startup?

We had the pain to get financial data out of receipts, bank statements and other information.

How do you define success for yourself and your company?

Success means overachieving our goals.

Is there anything you’d do differently if you could do it again?

No. We iterate so fast that we don’t look back.

What problem does your product solve?

Many processes are manual and thus time-consuming, expensive and error-prone. We solve that problem with Candis.

Where do you see your company in 1/5/10 years?

In one year: we have fostered our market leadership.
In five years: we dominate the for accounting automation EU wide.
In ten years: we dominate the market for accounting automation worldwide.

How are you different?

We really focus on tech. Competitors employ humans to type data. This seems to be automated but is not. That is our differentiation from the business model side.

How often does your product/service show up in a user’s day or week?

A user comes back to Candis every couple days. In addition he gets reminders daily.

Impact: how are you doing good and building a better future?

We help that financial processes keep track in such a competitive and always speeding world. We help the employees to focus on value topics instead of typing data.

How has the startup scene in Berlin changed?

We are focusing on our startup and not the ecosystem.

What are the pros and cons of launching your startup from Berlin?

We have a subsidiary in Bavaria. So we are indifferent.

Bonus Question: Anything else that we need to know about you?

CANDIS have been awarded twice. First we won the Bankathon 2015 and second we won Summer Innovation Showcase 2016 from KPMG & Microsoft.

Candis was featured in “The Hundert Vol. 10 – Startups of Berlin“, October 2017.

The picture above was taken at:

Prenzlauer Berg

Prenzlauer Berg is a popular district in the north of Berlin, known for an abundance of beautiful cafés, gentrification, and toddlers. Over 80% of all housing here was constructed before 1948, with the oldest building still standing being from 1848 at 77 Kastanienallee.

Berlin startups similar to Candis

Berlin startup Liqid
Berlin startup Smarterials
Berlin startup Jourvie