innoscripta SE (ISIN: DE000A40QVM8) is strengthening its presence in Austria, where a dedicated team established this year has already acquired over 30 Austrian companies as customers. The company has built an order backlog exceeding EUR 1 million from concrete customer projects, signaling robust demand for its software platform in the Austrian R&D tax credit sector.
The Austrian R&D tax credit, available since 2002, offers a 14% tax credit on qualifying research and development expenditures. In 2024, Austrian companies applied for a total funding volume of EUR 1.4 billion, which, despite Austria's smaller economy, surpasses the approximately EUR 1.2 billion paid out under Germany's R&D tax allowance in 2025. This highlights the significance of the Austrian market for innoscripta's growth strategy.
innoscripta has maintained an office in Vienna since 2021, previously used primarily to attract talent for its German operations. Now, with the new sales team, the company is capitalizing on local opportunities. Sebastian Schwertlein, COO of innoscripta SE, commented, "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 marks another step in innoscripta's international growth, following its entries into France, the United Kingdom, and the United States. The company's flagship product, Clusterix, is a scalable software platform designed to structure and manage research and development activities. It helps companies manage innovation projects efficiently, digitize internal processes, and make R&D activities transparent and scalable.
The success in Austria underscores the growing demand for digital solutions in managing R&D tax incentives, as governments worldwide encourage innovation through tax reliefs. By securing over 30 customers in a short period, innoscripta demonstrates the value proposition of its platform in helping companies navigate complex R&D tax credit claims. The company's ability to serve diverse industries further solidifies its market position.
For more information about innoscripta and its Clusterix platform, visit their official website or refer to the original announcement. innoscripta SE is committed to expanding its footprint in Europe and beyond, providing innovative tools for R&D management.
