Date: 28 August 2025 – Embargo until 01.09.2025
Vienna, Austria – mypaperwork, the AI-powered platform that simplifies residence and work permits in Europe, has raised €500,000 in a pre-seed funding round. The investment was led by Angels United, the joint venture of Karl Büche, Markus Ertler, Hermann and Niki Futter, and Michael Edtmayer.
The software startup Fresh Labs FlexCo, which operates mypaperwork, was founded in Vienna in 2024 by an international team with roots in the USA, Czech Republic, and Austria: Maggie Childs (CEO), Vít Lichtenstein (CPO), and Benjamin Wolf (COO).
In April 2025, the company launched its first commercial product, the “RWR+ Card Application Assistant”, created to help more than 80,000 Ukrainians in Austria apply for the RWR+ residence card. Since then, the platform has expanded to cover additional permits, including the Red-White-Red Card for skilled workers from third countries, the EU Blue Card, and student visas.
“The shortage of top talent is a major challenge for economic growth – one that will only intensify as birth rates decline. mypaperwork is a scalable solution to a real and pressing problem, built on a solid business model. Digitization is the right response to overwhelming bureaucracy,” says Markus Ertler, investment lead at Angels United.
With the new funding, the team will expand its capabilities, broaden the product offering, and prepare for market entry into the Czech Republic in Q4 2025, followed by further European markets in 2026.
“This pre-seed investment is a strong vote of confidence. It shows that Europe can become a true magnet for global talent – in a humane, transparent, and efficient way,” says Maggie Childs, CEO and co-founder of Fresh Labs. “While the US increasingly closes its doors, Europe has the opportunity to attract skilled professionals and researchers from around the world. mypaperwork is building the digital infrastructure to make that possible.”
Early results underline the potential of digital solutions in immigration. Every application submitted by Ukrainians through mypaperwork so far has been approved – a 100% success rate. With its guarantee of “Success or your money back,” mypaperwork is the first immigration service worldwide to introduce an outcome-based pricing model.
mypaperwork’s vision is to become the digital backbone of Europe’s migration infrastructure – offering fast, transparent, and data-driven solutions for governments, employers, and people building new lives in Europe.
More information: www.mypaperwork.ai
Contact: look@mypaperwork
Press Release
Date: 28 August 2025 – Embargo until 01.09.2025
Vienna, Austria – mypaperwork, the AI-powered platform simplifying residence and work permits in Europe, has successfully closed a €500,000 pre-seed funding round, led by Angels United with participation from Karl Büche, Markus Ertler, Hermann and Niki Futter, and Michael Edtmayer.