Benford raises €5M to rebuild financial audit from the ground up
Fintech Benford announced today that it raised €5m in pre-seed funding to build a new-generation, tech-native financial audit firm that runs statutory audits end to end, from clients’ systems to the s...
Fintech firm Benford has secured €5 million in pre-seed funding to revolutionize the financial audit industry. The round was led by firstminute capital, Global Founders Capital, Sondo, and notable alumni from Palantir, Goldman Sachs, and One Peak. Benford aims to become the auditor by providing a tech-native, end-to-end auditing solution, eliminating the need for auditors to purchase software.
Founded by Mads Bogen Øye, Thibault Mallion, and Andreas Rystad, Benford holds a registered audit firm in Norway and employs a vertically integrated approach. The company's platform, AuditOS, connects to clients' operational systems, creating a single audit brain that deepens with each engagement. Benford's funding will expand its London and Oslo offices, venture into Sweden, and other European markets, while also hiring across audit and engineering teams.
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