Repodo raises €8.2M pre-seed to build an AI-native audit firm

Ex-Lunar executives are betting that licensed auditors paired with AI agents can undercut Big Four costs and speed on statutory audits.

• Repodo raised €8.2m (~$9.6m) in pre-seed funding led by Hedosophia and Seed Capital, which Sifted data says is the largest pre-seed round in Denmark to date.
• Repodo was founded by ex-Lunar CEO Ken Villum Klausen, former CFO Peter Andreasen and former CPO Joachim Strøjer Hansen, joined by licensed auditor Anders Houmann.
• The platform automates data collection, reconciliations, documentation and transaction analysis, but keeps qualified auditors responsible for judgement, risk assessment and final sign-off.
• In just months Repodo grew to a 20-person team and became an authorised audit firm, launching first in Denmark with a focus on small and medium-sized businesses.
• Europe's statutory audit market is worth more than €80 billion annually, but a shared ISA standard still leaves country-specific rules, such as differing revenue thresholds for audit requirements.
• After establishing itself in Denmark, Repodo plans to expand market by market across Europe, navigating each country's audit-threshold and regulatory nuances along the way.
• The round signals investor appetite for rebuilding regulated professional-services workflows around AI from scratch rather than bolting automation onto incumbent audit firms.