Seed funding of €5 million was raised by spektr, a company situated in Copenhagen, Denmark, that offers a platform that helps firms automate and streamline compliance activities.
Seedcamp, PreSeed Ventures, and Northzone led the financing.
The money will be used by the company to provide compliance teams all across the world with cutting-edge automation.
CEO Mikkel Skarnager, CTO Ciprian Florescu, CRO Jan-Erik Wagner, and CPO Jeremy Joly are the co-founders of spektr, a no-code solution that automates risk processes, sets up monitoring, resolves alerts promptly, and interacts with vendors with ease. Spectr is officially coming out of stealth mode.
The organization increases operational efficiency and drives higher conversion rates for a business by automating 90% of risk and monitoring processes. In order to make wise judgments and maximize compliance methods for financial success, users are have access to sophisticated analytics and reporting capabilities.
