DATEV

DATEV is one of Europe's largest software companies, renowned for providing a wide array of software products and services. With a history spanning nearly 60 years, the company supports around 40,000 members, which primarily include tax consultants, auditors, and lawyers. DATEV processes approximately 14 million payrolls each month, highlighting its significant role in the payroll and accounting sectors. The company offers over 200 different software solutions, catering to various needs within financial and business management. DATEV's extensive experience and comprehensive service offerings make it a pivotal player in the European software industry.

DATEV was founded on February 14, 1966, by 65 tax agents in Nuremberg. Initially established to provide accounting services using IT technology, DATEV has grown to become one of the largest providers of business software in Germany and Europe. The cooperative now supports over 40,000 members and employs approximately 8,800 people.

Funding and Valuation

As a cooperative, DATEV does not rely on external investors, which ensures its continuity and independence. The company generated a turnover of EUR 1.44 billion in 2023, highlighting its financial robustness and significant market presence.