MyPaperWork raises €500k

Fresh Labs’ MyPaperWork Raises €500k in Pre-Seed Funding to Revolutionize Migration Bureaucracy

Backing the Mission: Angels United and Notable Investors Lead the Round

Funding the Future: Expansion, Platform Enhancement, and Czech Market Entry

The MyPaperWork funding will fuel Fresh Labs’ ambitious expansion strategy, starting with Czech Republic market entry planned for 2025. The capital will strengthen their technical infrastructure, combining Optical Character Recognition (OCR), Large Language Models (LLMs), and Knowledge Graphs into a comprehensive automation solution. Fresh Labs is building scalable architecture designed for Europe-wide rollout, allowing flexible integration across multiple countries. The pre-seed funding specifically targets R&D enhancement and product portfolio scaling, positioning the platform for rapid international growth while maintaining quality standards.

Solving Real Problems: Automating Migration for Talent, Students & Refugees

MyPaperWork platform addresses critical immigration challenges by automating complex visa applications and providing personalized guidance. Currently focused on Austria’s RWR+ Card (Red-White-Red Card) system, the platform serves skilled workers navigating immigration requirements. The AI-powered solution automatically recognizes documents, checks legal requirements, and provides individually tailored instructions. This automation significantly reduces processing time for both applicants and government authorities while ensuring transparency throughout migration workflows. The platform bridges the gap between complex legal requirements and user-friendly digital experiences.

Built on Trust: Early Success & Continuous Refinement with Austrian Authorities

Fresh Labs demonstrates strong institutional partnerships through direct collaboration with Austrian authorities, ensuring practical implementation of their MyPaperWork solution. The founding team combines legal expertise, technology innovation, and international startup experience under the leadership of CEO Maggie Childs, alongside co-founders Vit Lichtenstein and Benjamin Wolf. This positions Fresh Labs at the strategic intersection of LegalTech, GovTech, and AI sectors. The successful pre-seed funding validates growing investor recognition of migration technology as essential digital infrastructure for Europe’s economic competitiveness and talent acquisition strategies.

Business Model of MyPaperWork

CategoryDetails
How MyPaperWork StartedFounded by Maggie Childs, Vit Lichtenstein, and Benjamin Wolf, combining legal expertise with AI technology to tackle European immigration bureaucracy. Started as a Vienna-based startup focusing on Austria’s complex RWR+ Card system.
Present ConditionJust secured €500k pre-seed funding from Angels United network. Currently operational in Austria, processing RWR+ Card applications using AI-powered document recognition and legal compliance automation.
Future of MyPaperWorkExpanding to Czech Republic in 2025, building Europe-wide rollout with scalable architecture. Developing comprehensive migration technology platform for multiple European countries and visa types.
Industry FutureMigration technology becoming essential digital infrastructure as Europe competes for global talent. Growing intersection of LegalTech, GovTech, and AI creating massive market opportunities.
Opportunities for Young EntrepreneursHuge untapped potential in government digitization, legal automation, and cross-border compliance. Immigration tech represents billion-dollar market with minimal competition currently.
Market ShareEarly-stage startup in emerging market. No established market leaders yet – massive first-mover advantage opportunity in European migration technology sector.
MOAT (Competitive Advantage)Direct partnerships with government authorities, combination of OCR/LLM/Knowledge Graphs technology, legal expertise integrated with AI, and regulatory compliance focus that competitors lack.
Revenue Model of MyPaperWorkNot explicitly disclosed, but likely B2B2G (Business-to-Business-to-Government) model charging fees per application processed, plus potential SaaS subscriptions for enterprise clients and government agencies.

Leave a Comment

Your email address will not be published. Required fields are marked *