Copenhagen-based spektr, a company building AI infrastructure for compliance
in financial services, has raised $20 million in Series A funding. The round
was led by NEA, with participation from existing investors Northzone, Seedcamp,
and PSV Tech.
Compliance teams continue to spend significant time manually reviewing
corporate documents, mapping ownership structures, verifying websites, and
preparing risk rationales. Despite substantial investment in compliance
technology, much of the Know Your Customer (KYC) and Know Your Business (KYB)
processes still rely on analysts assembling information from numerous sources.
spektr addresses these challenges with an AI-powered compliance
infrastructure platform designed for banks and fintechs. The platform deploys
networks of specialised AI agents to automate the manual work associated with
KYC and KYB processes, from onboarding to ongoing monitoring, allowing teams to
focus on decision-making rather than data gathering.
The company has developed specialised AI agents that replicate the tasks
typically performed during compliance reviews, including researching companies,
interpreting information, verifying business activity, and generating
structured risk assessments. By automating these processes, tasks that once
required hours of manual effort can be completed in minutes, while compliance
professionals retain oversight by reviewing and approving the results.
Mikkel Skarnager, CEO and co-founder of spektr, commented:
Compliance technology has largely concentrated on workflows and the
gathering of data. But the real bottleneck has always been the work itself – analysts
researching companies, interpreting information, and documenting decisions.
spektr automates those tasks with AI agents designed specifically for KYC and
KYB compliance.
spektr’s platform also enables financial institutions to design customised
onboarding and monitoring processes and deploy networks of AI agents within
these workflows. This approach transforms traditionally manual, analyst-driven
operations into scalable and automated compliance processes.
The new funding will support spektr’s continued platform
development and international expansion, further strengthening its role in
modernising compliance infrastructure for the financial services industry.