Zeitgold (acquired by Deel)

Zeitgold, now part of Deel as of its acquisition on August 1, 2021, was an innovative startup offering Payroll & Accounting Automation with Intelligent Software. Founded in 2015 and headquartered in Germany, the company catered to the AI, Financial Services, and Fintech sectors.

The proprietary software developed by Zeitgold harnessed AI to significantly streamline the bookkeeping process, enabling tax advisors to handle 80% of tasks digitally, reducing completion times by over 50%. This efficiency unlocks opportunities for advisors to focus on value-added services and client expansion.

The founding team, comprising Stefan Jeschonnek, Jan Deepen, and Kobi Eldar, brought diverse expertise ranging from fintech to cybersecurity. With the backing of prominent investors such as Battery Ventures, Holtzbrinck Ventures, and several international business angels, Zeitgold made significant strides in its sector before its strategic acquisition by Deel.