innoscripta SE (ISIN: DE000A40QVM8) is significantly expanding its operations in Austria, a market it has served since 2021. The company, which specializes in software platforms for managing research and development (R&D) activities, has established a dedicated sales team in Vienna this year. This team has already secured more than 30 Austrian companies as customers, generating an order backlog exceeding EUR 1 million from concrete customer projects. This rapid growth highlights the increasing demand for digital solutions that streamline R&D tax credit processes.
The Austrian R&D tax credit, introduced in 2002, offers a 14% tax credit on qualifying R&D expenditure. In 2024, Austrian companies applied for a total funding volume of EUR 1.4 billion. Despite Austria's smaller economy, this figure surpasses the approximately EUR 1.2 billion paid out under Germany's R&D tax allowance in 2025. This comparison underscores the significance of the Austrian market for companies like innoscripta that provide tools to help businesses navigate and optimize such incentives.
Sebastian Schwertlein, COO of innoscripta SE, commented on the company's success: “Our rapid market success in Austria is further evidence of the competitiveness of our software-centric approach with the innovative Clusterix platform. We are particularly pleased to have attracted a broad range of new customers across different sectors, including industry and manufacturing, software and IT, logistics, and retail. This demonstrates that our approach works across industries.”
The expansion into Austria is part of innoscripta's broader international growth strategy, which has already seen market entries in France, the United Kingdom, and the United States. By leveraging its scalable software platform, Clusterix, innoscripta aims to help companies worldwide manage their innovation projects more efficiently, digitize internal processes, and make R&D activities transparent and scalable.
The company's success in Austria is not only a testament to its technology but also to the growing recognition among businesses of the value of professional R&D tax credit management. With the complexity of tax regulations and the need for accurate documentation, many companies are turning to specialized software to maximize their eligible claims and reduce compliance risks. innoscripta's early achievements in Austria suggest that its platform is well-positioned to capture a significant share of this market.
As innoscripta continues to expand its footprint, it is set to play a pivotal role in the digital transformation of R&D management. The company's ability to quickly gain traction in a new market like Austria demonstrates the effectiveness of its approach and the relevance of its solutions in today's innovation-driven economy.
