Repodo bets AI-native audit can unseat manual grind: Lunar founders raise €8.2M

Repodo is an AI-native authorised audit firm in Copenhagen: an operating system for financial audit that automates data collection, reconciliations, documentation and transaction analysis for statutory audits of small and medium-sized businesses, with qualified auditors keeping professional judgment and final sign-off.

Audit's manual operating model can be rebuilt with AI — automate collection, reconciliation and documentation while human auditors keep judgment and sign-off.

€8.2 million pre-seed (2026), led by Hedosophia and Seed Capital with other prominent investors

Ken Villum Klausen, who stood down as CEO of Danish neobank Lunar earlier in 2026, joined co-founders Peter Andreasen (Lunar's former CFO), Joachim Strøjer Hansen (former CPO) and professional auditor Anders Houmann to start Repodo in Copenhagen. Klausen's argument: audit innovation so far made existing firms more efficient; nobody had rebuilt the audit operating model itself for AI.

Repodo raised an €8.2M pre-seed led by Hedosophia and Seed Capital — investors that backed Lunar — with 'prominent investors' also taking part; per Sifted, it is Denmark's largest pre-seed to date. The money goes toward the technology platform, hiring and the Danish launch, with expansion across Europe planned.

Lunar's founding operators lived the gap first-hand: they raised over €500M building a fintech while the audit work around them stayed manual, so the pain they attack is not hypothetical.

Denmark's largest pre-seed to date (per Sifted) shows investors are willing to fund a founder-led rebuild of a category rather than another AI feature bolted onto an existing firm.

SMB statutory audits are the long tail the Big Four under-serve, and repetitive collection, reconciliation and documentation dominate the hours there — exactly what the AI-native model automates.

Keeping professional judgment and final sign-off with human auditors answers the trust objection directly instead of promising to replace the profession.

Repeat founders carry more than money — Lunar's backers and credibility followed — but the bet rests on execution: an AI-native audit firm has to earn auditors' and clients' trust.

As of September 2, 2026, Repodo has just launched in Copenhagen and is using its €8.2M pre-seed to finish its platform, hire and enter the Danish market first, with plans to expand across Europe. The firm describes itself as an authorised AI-native audit company for statutory audits of SMBs and estimates the global audit market at around €80B. It is still in its earliest phase — no customers, audits or results are public yet — so the open question is whether SMBs and their auditors will accept a model where machines do the repetitive processing and humans keep the judgement.