Lunar's founders raise €8.2M to build AI audit firm Repodo Lunar co-founders Ken Villum Klausen, Peter Andreasen, and Joachim Strojer Hansen, along with state-authorized auditor Anders Houmann, raised €8.2 million in pre-seed funding for their new AI-native audit firm Repodo, announced August 25th. The round was led by Hedosophia and Seed Capital, and Repodo will pair AI agents with licensed auditors, starting in Denmark before expanding across Europe. Lunar's founders raise €8.2M to build AI audit firm Repodo The four-founder team is pairing AI agents with licensed auditors, starting in Denmark before a country-by-country European push. By RuntimeWire Staff /author/runtimewire-staff · Published Primary source: Tech.eu https://tech.eu/2026/08/25/lunar-co-founders-launch-ai-audit-startup-repodo-raising-over-eur8m/ Why it matters Repodo is testing whether AI can reduce repetitive audit work while licensed professionals retain regulatory responsibility, professional judgment and final sign-off. Ken Villum Klausen, Peter Andreasen and Joachim Strojer Hansen https://dk.linkedin.com/in/joachimsh?ref=runtimewire , the three founders behind Danish digital bank Lunar, have reunited to launch Repodo https://www.repodo.com/?ref=runtimewire , an AI-native audit provider backed by €8.2 million in pre-seed funding https://www.repodo.com/press/raises-pre-seed-funding?ref=runtimewire . The round, announced on August 25th and reported by Tech.eu https://tech.eu/2026/08/25/lunar-co-founders-launch-ai-audit-startup-repodo-raising-over-eur8m/?ref=runtimewire , was led by Hedosophia and Seed Capital https://www.seedcapital.dk/?ref=runtimewire . Both investors previously backed Lunar, giving Repodo a cap table built around investors who have already watched three of its founders navigate a regulated industry. The fourth founder, Anders Houmann https://dk.linkedin.com/in/anders-houmann-35400528?ref=runtimewire , supplies the credential that turns Repodo's software pitch into a regulated service. Houmann is a state-authorized auditor who specialized in financial companies at Deloitte. Repodo operates both a software platform and a registered audit practice, with licensed auditors retaining responsibility for risk assessment, professional judgment and final sign-off. That structure is the central bet. Operating a registered audit practice leaves Repodo carrying the staffing, quality-control and regulatory obligations that a software vendor can leave with its customers. The Lunar founders get back together Klausen announced his departure as Lunar's CEO on May 11th after 11 years in the role. He supported the transition until Soren Kyhl formally took over on June 1st, according to Lunar's announcement https://www.lunar.app/en/personal/blog/press-releases/ken-villum-klausen-hands-over-the-baton-soren-kyhl-appointed-new-ceo-of-lunar?ref=runtimewire . Andreasen, Lunar's former finance chief, had left his operating role in 2025. Hansen, who served as chief product officer, left his operating position in 2020. The reunion follows a long shared history. Klausen wrote when leaving Lunar that he, Andreasen and Hansen had started in 2015 by assembling IKEA desks in an empty office and planning a different kind of Nordic bank. In a separate LinkedIn post https://www.linkedin.com/posts/kenvillum i-co-founded-lunar-with-joachim-and-peter-activity-7444994624269598720-thDD?ref=runtimewire , Klausen said he continued speaking with his former co-founders every week after they left the bank. Their backgrounds divide Repodo's early responsibilities cleanly. Klausen is CEO and brings experience fundraising, hiring and operating inside a regulated financial business. Andreasen handled finance at Lunar and is chair of Repodo Group, according to Danish company records https://ownr.dk/companies/public-profile/46391756?ref=runtimewire . Hansen built products at Lunar and previously worked with Klausen at Wallmob, the mobile point-of-sale business Klausen sold to Visma in 2014. Houmann spent roughly 15 years at Deloitte after beginning his audit career as a teenager, according to his public profile. Seed Capital's return is especially telling. Seed Capital's website carries a testimonial from Klausen describing Seed partner Lars Andersen as Lunar's first believer. Repodo gives Seed another chance to back the same founders at the point where the product remains early and the operational model still has to be proved. Sifted reported https://sifted.eu/articles/e8m-pre-seed-ai-native-audit-startup-repodo?ref=runtimewire that the financing is Denmark's largest pre-seed round to date. Repodo's announcement identifies the remaining participants only as "prominent investors." The disclosed capital will fund product development, hiring and the Danish launch. An audit provider built around the software Repodo says its AI agents will examine transactions continuously, replacing the familiar year-end scramble with an audit process that runs alongside the client's books. The system is intended to collect data, reconcile accounts, prepare documentation and analyze transactions before an auditor reviews exceptions and reaches a professional conclusion. "Audit is still built around an operating model that depends heavily on manual work," Klausen said in Repodo's funding announcement https://www.repodo.com/press/raises-pre-seed-funding?ref=runtimewire . The idea came from the founders' own experience at Lunar. Klausen told Sifted that Lunar's staff still received requests to gather receipts and vouchers, log into banks and tax systems, and upload material for auditors. The founders looked for an AI-native alternative and concluded that they would have to build one. Repodo's model goes beyond evidence extraction or a workflow assistant. Repodo's corporate structure https://www.repodo.com/about?ref=runtimewire includes Repodo Platform ApS, which develops the technology, and Repodo Statsautoriseret Revisionsanpartsselskab, the entity registered to perform statutory audits under Danish law. Public records show that Repodo Group was incorporated on April 8th, while its audit subsidiary was registered shortly before the public launch. Sifted reported that Repodo has hired 20 people and secured authorization as an audit provider. Repodo's homepage is taking waitlist applications for onboarding during 2026, with Denmark serving as the first market and small and medium-sized businesses as the initial customer group. Running the audit practice lets Repodo redesign each step around its software instead of persuading an incumbent firm to change established procedures. The same choice raises the execution bar. Repodo has to recruit licensed professionals, supervise automated work, protect sensitive financial records and produce audits that hold up under regulatory scrutiny. Software accuracy is only one part of that job. Europe will be a market-by-market build Audit automation has already attracted a crowded group of software vendors. Fieldguide https://www.fieldguide.io/blog/fieldguide-launches-field-orchestrator-marking-the-next-phase-of-agentic-ai-in-audit?hs amp=true&utm source=openai&ref=runtimewire is building agents for audit and advisory workflows, while DataSnipper https://www.datasnipper.com/product/ai-agents?utm source=openai&ref=runtimewire automates evidence work inside Excel. MindBridge https://www.mindbridge.ai/industries/ai-auditing-accounting-firms/?nocache=1701641267&utm source=openai&ref=runtimewire focuses on identifying risks and anomalies across transaction data. Repodo is taking a heavier route by operating the regulated service that those products typically support. The potential reward is a larger share of each customer's audit spending and direct access to the data needed to improve Repodo's workflows. The cost is slower expansion across jurisdictions with different licensing rules, audit thresholds and local requirements. Klausen acknowledged that constraint in his interview with Sifted. European audits share international standards, he said, but national rules still vary substantially. Repodo therefore plans to enter Europe one country at a time instead of offering the platform everywhere at once. That expansion plan gives the €8.2 million round a practical purpose. Repodo needs capital for software engineers and AI infrastructure, along with the auditors and country-specific operations required to sign its name to the finished work. The founders spent the last decade learning how technology behaves once regulators, customer money and professional accountability enter the room. Repodo is their attempt to apply that lesson to the annual audit, one transaction at a time.