innoscripta

Equity Story

Why innoscripta?

A €1.9 trillion R&D market still runs on outdated tools. We're transforming how 2,500+ companies manage research, documentation, and funding, with measurable outcomes and a clear path to growth.

innoscripta flag on a building

The hidden cost of outdated tools

Despite billions invested in research and development, most companies still manage their R&D operations in Excel and disconnected tools. The result: limited visibility, missed deadlines, and significant opportunity costs that compound over time.

Operations

  • Poor resource visibility
  • No planning support
  • Multiple sources of truth

Strategy

  • No strategic alignment
  • Inadequate prioritization
  • Lack of shared vision

Finance

  • Cost overruns
  • Missed deadlines
  • Missed opportunities
Finance
R&D
Communication
Workflows
Knowledge
HR
Operations
Sales

The future of enterprise software is connected

Most enterprise software today operates in isolated systems with fragmented data and disconnected workflows. We believe the next generation of enterprise software will be built around connected data structures, integrated workflows and shared intelligence. Starting with R&D, Clusterix is evolving into a central platform layer connecting processes, documentation and enterprise data across the organization.

One platform for the entire R&D journey

From planning to documentation to funding, innoscripta brings every stage of R&D into one integrated system, replacing spreadsheets, disconnected tools, and manual processes.

One platform for the entire R&D journey

Built to deliver measurable impact

Where outdated tools create cost and risk, innoscripta unlocks performance, efficiency, and returns.

Performance

  • Strategic visibility
  • Better decision making
  • Faster time-to-market

Efficiency

  • Resource optimization
  • One source of truth
  • Increased accountability

Returns

  • Maximized subsidies
  • Audit-proof documentation
  • Enterprise-grade security

The market is moving in our direction

Volume of R&D tax incentives (as a % of GDP)

OECD-38

EU-27

Effective tax subsidy rate on R&D costs (in %)

Large, loss-making firm

Large, profitable firm

SME, loss-making firm

SME profitable firm

Built on real impact

Strong approval rates and measurable customer outcomes

Moats that compound over time

Deep R&D and regulatory expertise

Years of specialized experience across R&D tax credits, documentation requirements, and compliance frameworks. Established relationships with tax authorities and a proven track record of successful claims give clients confidence that competitors with shallower domain knowledge can't match.

Proprietary technology and deep integrations

AI-driven automation streamlines R&D tax credit documentation, while seamless integrations with clients' project management, time tracking, and accounting systems reduce manual work. Replicating this requires significant investment and technical expertise that competitors lack.

High switching costs lock in long-term value

Once clients onboard their detailed financial and project data, switching providers becomes costly, risky, and disruptive. This structural advantage drives retention, supports recurring revenue, and is reflected in our churn rate below 2%.

Customization at scale

Industry-specific and jurisdiction-specific reporting tools, paired with scalable infrastructure that handles enterprise-volume clients without compromising quality. The combination of customization and scale is rare in this category and creates barriers for both competitors and new entrants.

Why R&D tax credits matter, and why they're hard?

A global race for innovation

Governments worldwide use R&D tax credits to attract and retain innovative companies, offering allowances, exemptions, deductions, and direct credits that reduce the cost of research and development. By lowering the financial burden of innovation, these incentives drive economic growth, productivity, and technological advancement on a national scale.

Compliance is where it gets complex

To qualify for these credits, companies must maintain detailed, traceable, and audit-ready documentation of every R&D expense. Without it, claims fall apart under scrutiny, exposing companies to penalties, legal challenges, and rejected applications. innoscripta is built to handle exactly this complexity.

R&D claims are getting harder to win

Tax authorities worldwide are tightening documentation requirements, narrowing qualifying activities, and increasing audit scrutiny. The OECD is leading standardization efforts across member nations, raising the global bar for compliance.

United Kingdom

United Kingdom

Stricter documentation in the UK


Since August 2023, HM Revenue & Customs requires significantly more detailed information for every R&D claim submitted, raising the bar for evidence and substantiation.

What additional information is required for R&D claims submitted from 8 August 2023?

United Kingdom

Frequently asked questions

Key questions about innoscripta and the R&D market.

R&D tax credits are government incentives that reduce the cost of innovation for companies, typically translating to a 10–40% reduction in R&D expenses. As governments worldwide expand these programs to compete for innovative companies, demand for software that helps businesses claim them efficiently is growing rapidly. innoscripta is built specifically for this market.
R&D tax incentives across OECD countries are expected to grow from approximately €82 billion today to around €132 billion by 2030. Within this structurally expanding market, innoscripta is positioning Clusterix as an integrated software platform for the management, documentation and compliance of research and development activities.
Four structural moats: deep R&D and regulatory expertise built over a decade, proprietary AI-driven technology with deep integrations into client systems, high switching costs once clients onboard their financial and project data, and customization at scale across industries and jurisdictions.
Our customer base has multiplied 30× in four years, growing to 2,500+ clients with a churn rate below 2%. We are growing within our home market Germany and in newly established markets like the U.S., France and Austria with more to come.
Three forces are reshaping the market: government R&D support is increasing across major economies, regulations are tightening globally with stricter documentation requirements, and the entire R&D sector is shifting from service-based consulting to integrated software. innoscripta is built to lead this transition.
The regulatory frameworks governing R&D tax incentive programs in many target markets are designed as long-term policy instruments and have generally evolved toward increased support for innovation. From innoscripta's perspective, the primary challenges therefore lie less on the demand side and more in the successful execution of international expansion. Key factors include building high-performing local sales teams, attracting qualified talent, and scaling commercial and operational structures across new markets. The company's long-term success will depend largely on its ability to execute these growth initiatives efficiently.

Ready to explore investment opportunities?

ir@innoscripta.com
+49 (0)89 255 553 509
Max Hunger

Max Hunger

Head of Investor Relations
innoscripta

The data layer for R&D, a continuous, verifiable record of the work your teams actually do, captured at source. Publicly listed, ISO 27001-certified, in 20+ countries.

innoscripta provides software solutions, documentation support, and general information on R&D funding. Our services do not include individual tax, legal, or financial advice.

Eligibility, funding rates, and potential outcomes depend on the applicable laws and regulations as well as the specific circumstances of the company and the respective project. Before submitting an application, we therefore recommend seeking qualified tax, legal, or financial advice where appropriate.

For further information, please refer to our information notice.



Copyright © 2026 - innoscripta SE

Bahnhofstr. 17, 82327 Tutzing, Germany

+49 89 255 553 537

info@innoscripta.com

Equity Story | innoscripta Investor Relations