# Repodo > The World's First AI-Native Audit Firm. Repodo is the world's first AI-native audit firm. AI tests every transaction in your books all year, and a named, state-authorised auditor signs your opinion. Fixed price, agreed up front. Concatenated markdown for Repodo. Individual pages also exist as .md URLs listed in https://repodo.com/llms.txt. Source: https://repodo.com/index.md # The World's First AI-Native Audit Firm Repodo audits your books in real time, with AI agents covering every transaction. State-authorised auditors own the judgement and sign off, so you get faster closes, deeper assurance, and zero year-end surprises. ## Is this a real audit? - [A named auditor signs](https://repodo.com/how-it-works): A named, state-authorised auditor takes responsibility and signs. AI never does. - [A licensed audit firm](https://repodo.com/about): Approved and registered by the Danish Business Authority for statutory audits. - [Your ledger stays yours](https://repodo.com/how-it-works/security): Read-only access, encryption at rest and in transit, and constant monitoring. - [Every transaction, all year](https://repodo.com/how-it-works/technology): We test every transaction in your books all year, so findings surface in time. ## 30 minutes of your time ### What you do - Connect your system - Answer a few questions - Approve the report ### What we do - Pull and reconcile your ledger - Prepare the audit documentation and check every transaction - Flag the exceptions that need professional judgement - A state-authorised auditor reviews, concludes and signs - File your annual report with the Danish Business Authority ## The machine reads. A named auditor decides. Every finding our checks raise lands in front of a state-authorised auditor. You see your auditor's name from day one, and that name goes on your opinion. ## Secure, by design We only ever read your books, and your data is encrypted at rest and in transit. Our security controls are monitored continuously, and you can check them yourself in our live trust center. Trust center: https://trust.repodo.com - [Ready to see if Repodo fits?](https://repodo.com/signup?from=hero): Book a 20-minute call. We look at your company structure, tell you honestly whether we can take you on, and send you a fixed quote. --- Source: https://repodo.com/how-it-works.md # How an audit with Repodo works > Your part takes about 30 minutes. Ours runs all year. A state-authorised auditor signs the result. ## From the first call to a signed opinion 1. **A 20-minute call.** We look at your company structure, your accounting system and your latest annual report, and tell you whether we can take you on. 2. **A fixed quote and an engagement letter.** You see the full price and sign the engagement letter before anything changes hands. 3. **Handover from your current auditor.** We handle the formalities with your previous auditor. 4. **Connect once.** Link your accounting system, your bank and your tax account, read-only. It takes about 15 minutes, and we never ask for it again. 5. **Checked all year.** Our checks run on every transaction as your books update. If something will matter at year-end, we ask that week, not next spring. Anything we can't collect ourselves goes on a list, with each item assigned to the person who has the answer. 6. **Reviewed by your auditor.** Exceptions go to your named, state-authorised auditor, who assesses the risk, makes the judgement calls and talks to you when it matters. 7. **Signed and filed.** You approve the annual report, your auditor signs the opinion, and we file it with the Danish Business Authority. ## What you do - Connect your accounting system, read-only - Answer a few questions about the year - Sign the engagement letter - Approve the finished annual report Two 15-minute jobs and two signatures. ## What we do - Pull and reconcile your ledger - Prepare the audit documentation and check every transaction - Flag the exceptions that need professional judgement - A state-authorised auditor reviews, concludes and signs - File your annual report with the Danish Business Authority We never ask for a document your system can already give us. ## The audit was never the slow part. Waiting was. Before Repodo: - Week 1: Requests arrive - Week 2: Documents are chased - Weeks 3-5: Your file waits in the queue - Week 6: Questions return - Weeks 7-8: Signed and filed With Repodo: - You connect your system - Documentation is prepared - Your auditor reviews the exceptions - You approve the report - Signed and filed, within days of closing your books ## How we compare Both end with a state-authorised auditor's signature. Everything before it is different. | | A traditional audit | Repodo | |---|---|---| | Time to signed accounts | 3-8 weeks | Days | | Your own time | Days of document requests | About 30 minutes | | How you're billed | By the hour, invoiced after | Fixed, agreed up front | | How much gets tested | A sample | Every transaction | ## Who we work with Companies with an audit obligation, starting with small and medium-sized businesses in Denmark. Sweden and the UK are next, and we already take requests from both. Some company structures and sectors we can't take on yet. If that's you, we'll say so on the first call. ## Your bookkeeper stays Your bookkeeper or accountant keeps doing what they do. We connect to the same system, so they get far fewer questions from us. ## Switching from another auditor? We handle the formalities with your current auditor. [How switching works](https://repodo.com/switch-auditor) [Get an audit proposal](https://repodo.com/signup?from=how-it-works) --- Source: https://repodo.com/how-it-works/technology.md # We built our own audit technology. Our auditors use it every day. > We don't sell software. We built the technology our own auditors work with, so the machine does the volume and people do the judgement. ## The machine reads. A named auditor decides. What the machine does: - Collects data from your accounting system and bank - Reconciles the ledger - Tests every transaction - Prepares the audit documentation - Flags anything that needs a closer look Flagged items go to your auditor. What your auditor does: - Plans the audit and assesses the risks - Reviews every flagged item - Makes the professional judgements - Talks to you about what matters - Concludes and signs the opinion No AI system signs, concludes or issues an audit opinion. ## Every transaction, not a sample A traditional audit tests a sample: a small selection of transactions, picked by hand, while the rest go untested. Repodo tests every transaction in your books. The few that look unusual go to your auditor, who looks at each one and decides. Your workfile shows the coverage in plain numbers. Testing the full ledger supports the audit. It doesn't replace professional judgement. ## Flagged in month one, not month twelve Checks run all year and tell you whether your year-end will be clean, from cash runway to closing efficiency. If something needs attention, you hear about it while there's still time to act. ## You can see the audit while it happens Follow progress, open requests, the evidence you've supplied and the items under auditor review, in one secure view. Your auditor is named in it from day one. ## Works with the accounting system you already use One read-only connection, set up in about fifteen minutes. We never write back to your books. - e-conomic - Dinero - Billy by Shine - LedgerBee - Xero - Bronn - Your bank (Open Banking) - Skattekontoen (SKAT) - Microsoft Dynamics 365 Business Central (coming soon) - Uniconta (coming soon) - Fortnox (coming soon) Using something else? Tell us when you request a proposal. We're adding systems based on what clients use. [How we protect your data](https://repodo.com/how-it-works/security) --- Source: https://repodo.com/how-it-works/security.md # Trust and security > Audit is a trust business. Here is who is responsible, how we're supervised and what happens to your data. Our security controls are monitored continuously, and you can check them yourself. Trust center: https://trust.repodo.com ## Who is responsible Repodo Statsautoriseret Revisionsanpartsselskab, CVR 46715683, Kongens Nytorv 8, 3., 1050 Copenhagen K, Denmark. Your audit opinion is signed by a named, state-authorised auditor at Repodo Statsautoriseret Revisionsanpartsselskab, who is personally responsible for it. Repodo's technology is built by Repodo Platform ApS, a sister company in the same group. ## Regulation and oversight - Approved and registered by the Danish Business Authority (Erhvervsstyrelsen) - Statutory audits performed under the Danish Auditors Act (revisorloven) - Subject to the public quality inspection overseen by the Danish Audit Oversight Board (Revisortilsynet) - Audits performed in accordance with the International Standards on Auditing (ISAs) - Professional indemnity insurance, as the law requires - Independence rules apply to every engagement ## Your data - **Read-only access.** We never write back to your accounting system. - **Only what the audit needs.** We collect and process only the data required for the audit. - **Encrypted at rest and in transit.** Datastores holding customer data are encrypted, and data sent over public networks uses secure, encrypted protocols. - **Restricted, authenticated access.** Access to production systems, databases and encryption keys is limited to authorised people with a business need. Remote access requires multi-factor authentication. - **Monitored and logged.** We use log management and system monitoring to detect events that could affect security. - **No model training.** Your data is not used to train or fine-tune AI models, by us or by our AI providers. - **Retained and disposed of by policy.** Formal retention and disposal procedures govern customer data. Audit documentation is kept for the period the law requires. ## See our controls, live Our trust center, powered by Vanta, shows the status of our security controls as they're monitored, across five areas: - Infrastructure security - Organisational security - Product security - Internal security procedures - Data and privacy We have engaged an independent auditor for SOC 2 Type 1 and Type 2 reports. ## AI prepares. People decide. AI collects data, reconciles, tests and drafts documentation. Every exception it raises is reviewed by a state-authorised auditor, and every conclusion is a person's. No AI system signs, concludes or issues an audit opinion. ## People and process Everyone at Repodo signs a confidentiality agreement and code of conduct, completes security awareness training when they join and every year after, and works on managed, protected devices. Changes to our systems are reviewed, tested and approved before they go live, and we have business continuity and disaster recovery plans in place. ## Privacy We process personal data under the GDPR. Repodo Platform ApS is the controller for data collected through this website. A data processing agreement and our list of sub-processors are available on request. [Privacy Policy](https://repodo.com/privacy-policy) ## Report a security issue Found a vulnerability? Write to security@repodo.com. We'll respond quickly and keep you updated. --- Source: https://repodo.com/switch-auditor.md # Switch auditor without the paperwork > We handle the formalities with your current auditor. You see a fixed price before anything changes. ## How switching works 1. **A 20-minute call.** Send your latest annual report, or just tell us your accounting system. We'll tell you whether we can take you on. 2. **A fixed quote and an engagement letter.** You see the full price before you decide. 3. **The formal change.** Your company appoints Repodo as auditor, usually at the general meeting, and the change is registered with the Danish Business Authority. We prepare the paperwork. 4. **The handover.** We contact your previous auditor and take it from there. 5. **Connect once.** Link your accounting system, read-only, in about fifteen minutes. ## When is the best time to switch? Before the audit of your next year-end begins. If your current audit is already under way, we'll tell you on the call what's possible. ## What you need to get started - Your latest annual report, or your CVR number - The name of your accounting system - About 20 minutes for the first call ## Is this a real audit? Yes. Repodo is an audit firm, licensed under the same rules as the firm you use today. ## Switching questions ### How do we switch from our current auditor? We handle the formalities with your previous auditor. Your company appoints Repodo, usually at the general meeting, and the change is registered with the Danish Business Authority. ### When is the best time to switch? Before the audit of your next year-end begins. If your current audit is under way, we'll tell you on the call what's possible. ### Do we keep our bookkeeper or accountant? Yes. They keep doing your bookkeeping. We connect to the same system, so they get far fewer questions from us. ### Will banks, investors and the authorities accept it? Yes. You get a statutory audit opinion, the same kind your current auditor issues, and it's accepted wherever your current opinion is. [Get an audit proposal](https://repodo.com/signup?from=switch-auditor) --- Source: https://repodo.com/pricing.md # A fixed price, agreed before we start > Hourly billing means the slower your auditor is, the more you pay. We quote your whole audit up front. ## How the price works 1. **We quote your whole audit.** After a 20-minute call, you get one fixed annual fee and an engagement letter. 2. **You pay a twelfth each month.** The fee is split into twelve monthly payments, so there's no large invoice at year-end. 3. **The price holds.** The fee only changes if your company changes, for example a new subsidiary or an acquisition, and we agree that with you before any work starts. ## What's included - The statutory audit of your annual report - A named, state-authorised auditor - Year-round checks on every transaction - Your client view: progress, requests and open items in one place - The handover from your current auditor - Filing with the Danish Business Authority ## What sets your price We don't publish a price list, because a fixed price only works if it's your price. It depends on: - the size of your company and how many transactions you have - your structure, for example subsidiaries or a holding company - your sector and any special reporting requirements - your accounting system ## The old way and ours - The old way: Variable cost, confirmed after the work. - With Repodo: Fixed fee, agreed before you switch. ## Pricing questions ### How much does an audit cost? It depends on the size and structure of your company, so we don't publish a price list. After a 20-minute call you get one fixed annual price, agreed before you switch. ### Can the price change? Not because the audit took longer than planned. That risk is ours. It only changes if your company changes significantly, for example a new subsidiary or an acquisition, and we agree any change with you before the work. ### How do we pay? The fixed fee is split into twelve monthly payments. No large invoice at year-end, and no second one in April. ### Can you take on any company? Not yet. We work with small and medium-sized companies, starting in Denmark, with Sweden and the UK next. Some company structures and sectors we can't take on yet, and we'll tell you on the first call if that's you. [Get an audit proposal](https://repodo.com/signup?from=pricing) --- Source: https://repodo.com/about.md # We're not adding AI to audit. We're rebuilding it. > Repodo is the world's first AI-native licensed audit firm. We deliver a full statutory audit, faster and more affordable, with state-authorised auditors responsible for judgement, oversight and final sign-off. Law, tax and accounting are being rebuilt by AI. Audit has not. Europe's audit market is worth more than €80 billion a year, yet most of the innovation has been tools bolted onto firms that still sell hours. That leaves a gap for a firm built around AI from day one, with a direct relationship with the customer and a state-authorised auditor on the signature. We are not replacing auditors. We are replacing the model behind them. AI takes the repetitive work (collecting data, reconciliations, documentation, transaction analysis) so auditors can spend their time on risk, judgement and the conversations technology cannot replace. Businesses get a clearer, faster audit with less of the administrative grind. Auditors get a job that looks more like the one they trained for. Repodo is founded in Copenhagen by Ken Villum Klausen, Peter Andreasen and Joachim Strøjer Hansen, who built Lunar as a digital challenger in Nordic banking, together with co-founding auditor Anders Houmann. Denmark is our first market, and the starting point for a model designed to expand across Europe. ## The founders - **Ken Villum Klausen**, Co-founder and CEO. Co-founded the Nordic digital bank Lunar and led it as CEO. - **Peter Andreasen**, Co-founder, Finance. Former CFO at Lunar. - **Joachim Strøjer Hansen**, Co-founder, Product. Former CPO at Lunar. - **Anders Houmann**, Co-founding auditor. State-authorised auditor, formerly at EY and Deloitte. ## Behind the founders A team in Copenhagen and Aarhus: state-authorised auditors, audit managers, engineers, designers, salespeople and an office manager who keeps it all running. We don't list everyone here, but you'll meet the people who work on your audit. ## Backed by Hedosophia and Seed Capital Hedosophia, the London-based investor founded by Ian Osborne, leads our €8.2M pre-seed round, with support from Seed Capital in Copenhagen. Seed Capital was Lunar's first investor, and now backs the same founders again. - [Hedosophia](https://hedosophia.com/): Lead investor - [Seed Capital](https://www.seedcapital.dk/): With support from [Read the funding announcement](https://repodo.com/press/raises-pre-seed-funding) ## Group entities Repodo is the trading name of a group of Danish companies. Repodo Platform ApS operates this website, all marketing communication, and is the controller of personal data collected through it. Repodo Group ApS is the parent company. Repodo Statsautoriseret Revisionsanpartsselskab is a registered audit firm. ### Repodo Group ApS - Function: Parent company - CVR: 46391756 - Registered address: Kongens Nytorv 8, 3., 1050 Copenhagen K, Denmark ### Repodo Platform ApS - Function: Builds and operates the Repodo technology, this website and all marketing. Controller of personal data collected through this website - CVR: 46694279 - Registered address: Kongens Nytorv 8, 3., 1050 Copenhagen K, Denmark ### Repodo Statsautoriseret Revisionsanpartsselskab - Function: Audit firm. Approved and registered by the Danish Business Authority (Erhvervsstyrelsen). Performs all statutory audit and assurance engagements under the Danish Auditors Act - CVR: 46715683 - Registered address: Kongens Nytorv 8, 3., 1050 Copenhagen K, Denmark If you're an auditor tired of the grind, [we're hiring](https://repodo.com/about/careers). For email, phone, and offices, see [Contact](https://repodo.com/contact). --- Source: https://repodo.com/about/press.md # Press For press inquiries, interviews, and speaking requests, please contact the Repodo communications team at press@repodo.com or +45 70 90 70 88. ## Fact sheet - Company: Repodo - Description: The World's First AI-Native Audit Firm - Founded: August 2026 - Founding Team: Ken Villum Klausen (Co-Founder & CEO), Peter Andreasen (Co-Founder & Finance), Joachim Strøjer Hansen (Co-Founder & Product), Anders Houmann (Co-Founding Auditor) - Funding: €8.2M pre-seed round led by Hedosophia - Focus markets: Denmark first, then Sweden and the UK, expanding across Europe - Official website: [repodo.com](https://repodo.com) - Phone: [+45 70 90 70 88](tel:+4570907088) - Public launch: August 25th 2026 at 09:00 CET - Headquarters: Kongens Nytorv 8, 3., 1050 Copenhagen K, Denmark ## Press releases - [Ex-Lunar founders raise €8.2m to launch AI-native audit firm Repodo](https://repodo.com/about/press/raises-pre-seed-funding.md): August 25, 2026. Pre-seed round led by Hedosophia and Seed Capital backs a new model for statutory audit, launching in Denmark before planned European expansion. - [Lunar-profiler rejser over 60 mio. kr.: AI skal redefinere revisionsbranchen](https://repodo.com/da/about/press/raises-pre-seed-funding.md) (Dansk): 25. august 2026. Den danske revisionsudfordrer Repodo tager fra i dag konkurrencen op med branchens kæmper. Med Repodo bliver revision hurtigere, enklere og mindre omkostningstung for særligt små og mellemstore virksomheder. Selskabet er stiftet bl.a. af Lunar-profilerne Ken Villum Klausen og har rejst over 60 mio. kr. i en pre-seed-runde ledet af Hedosophia og Seed Capital samt flere fremtrædende investorer. Ambitionerne er høje, og selskabet forventer hurtig ekspansion i Europa. Brand assets and photos are listed on the HTML press page. --- Source: https://repodo.com/about/careers.md # We're hiring > We're on the lookout for talented auditors, members of technical staff and more. If you want to build this with us, write to careers@repodo.com and tell us what you do. We're auditors, audit managers, engineers, designers, salespeople and one very good office manager, in Copenhagen and Aarhus. - [careers@repodo.com](mailto:careers@repodo.com) ## Open roles - [Forward Deployed Auditor](https://repodo.com/about/careers/forward-deployed-auditor.md): AI-native audit expertise, embedded with the client: onboarding, enablement and adoption of the Repodo platform. A short film plays on the [HTML careers page](https://repodo.com/about/careers). --- Source: https://repodo.com/about/faq.md # Questions and answers > Answers about Repodo's audits: who signs, how AI is used, fixed pricing, your time, switching auditor and data security. ## The audit ### Is Repodo a real audit firm? Yes. Repodo Statsautoriseret Revisionsanpartsselskab is approved and registered by the Danish Business Authority and performs statutory audits under the Danish Auditors Act. We follow the same rules, standards and public quality inspection as every other Danish audit firm. ### Who signs our audit opinion? A named, state-authorised auditor at Repodo. You know who it is from day one, and they're personally responsible for your opinion. AI never signs anything. ### Who is responsible if AI makes an error? We are, together with the responsible auditor. AI can carry out and prepare work, but the final assessment and signature always rest with a state-authorised auditor. The technology changes the way the work is carried out, not who is responsible. ### Will banks, investors and the authorities accept it? Yes. You get a statutory audit opinion, the same kind your current auditor issues, and it's accepted wherever your current opinion is. ### What does the AI do, and what doesn't it do? The AI collects data from your accounting system, reconciles the ledger, tests every transaction, prepares documentation and flags anything unusual. It doesn't make judgements or reach conclusions. Your auditor assesses the risks, reviews every flagged item, talks to you when it matters and signs. ### What does "AI-native" mean? Most audit firms add software to a way of working designed for people and spreadsheets. We designed how we audit around AI from the start, so the machine handles the volume and our auditors spend their time on judgement. ### Isn't "AI-native" just a buzzword? No. For us, it means that AI is built into the technology, processes and client experience from the beginning. It is not an add-on to a traditional audit model. ### Do you really test every transaction? Yes. Testing the full ledger is our default, and your workfile states the coverage in plain numbers. It supports the audit; it doesn't replace professional judgement. ### How do you make sure the AI complies with the Auditors Act and all other requirements? The regulatory responsibility rests with us as the audit firm and with the responsible auditor. The technology is used within controlled audit processes, with professional review and human approval. We comply with all requirements and legislation. ### How do you make sure the auditor knows each set of accounts well enough when AI has processed everything? AI should give the auditor more time for the material matters in each set of accounts, not less. With less repetitive work, the auditor can focus on risks, deviations and complex matters where professional judgement is crucial. ### Is there a limit to how many sets of accounts one auditor handles at Repodo? The technology should make it possible to increase productivity significantly, but no capacity target takes precedence over quality. The auditor must always have a sufficient basis to take professional responsibility for each individual audit. ## Price ### How much does an audit cost? It depends on the size and structure of your company, so we don't publish a price list. After a 20-minute call you get one fixed annual price, agreed before you switch. ### Can the price change? Not because the audit took longer than planned. That risk is ours. It only changes if your company changes significantly, for example a new subsidiary or an acquisition, and we agree any change with you before the work. ### How do we pay? The fixed fee is split into twelve monthly payments. No large invoice at year-end, and no second one in April. ### How much cheaper will Repodo be than a traditional audit firm? The biggest saving is in our clients' own finance teams. Many companies spend substantial resources collecting data and documents for their auditor, and we automate that. We also expect to deliver audits at a significantly lower price point, because we automate most of the manual work. For our core segment, prices can be significantly below traditional alternatives, but that is not the only benefit our clients will see. ## Time and process ### How much of our time does it take? About 30 minutes in total: roughly 15 to connect your accounting system and 15 to answer a few questions about the year. Plus two signatures: the engagement letter and the finished annual report. ### You say onboarding takes only ten minutes. Isn't that very fast? The ten minutes are about getting started with Repodo, not about carrying out the audit itself. Onboarding is simple because the company's systems are connected digitally. The audit itself takes the time it needs to be carried out in a professionally sound way. ### How long until our annual report is signed? Days, not weeks, once your books for the year are closed. Most of a traditional audit is waiting. Ours runs all year, so there's little left to do at year-end. ### Do we keep our bookkeeper or accountant? Yes. They keep doing your bookkeeping. We connect to the same system, so they get far fewer questions from us. ### Which accounting systems do you work with? We work with e-conomic, Dinero, Billy by Shine, and LedgerBee today, with more on the way. If you use something else, tell us when you request a proposal. ### What happens if you find a problem? You hear about it when it happens, not at year-end. Our checks run all year, and your auditor contacts you about anything that needs a decision. ### Can you take on any company? Not yet. We work with small and medium-sized companies, starting in Denmark, with Sweden and the UK next. Some company structures and sectors we can't take on yet, and we'll tell you on the first call if that's you. ## Switching ### How do we switch from our current auditor? We handle the formalities with your previous auditor. Your company appoints Repodo, usually at the general meeting, and the change is registered with the Danish Business Authority. ### When is the best time to switch? Before the audit of your next year-end begins. If your current audit is under way, we'll tell you on the call what's possible. ## Data and AI ### Do you write to our accounting system? No. Our access is read-only, always. ### Is our data used to train AI? No. Your data is not used to train or fine-tune AI models, by us or by our AI providers. ### How is our data protected? It's encrypted at rest and in transit, access is restricted to authorised people and protected by multi-factor authentication, and audit documentation is kept for the period the law requires. You can see our security controls live at trust.repodo.com. ### Are you SOC 2 certified? We have engaged an independent auditor for SOC 2 Type 1 and Type 2 reports, and our controls are monitored continuously. You can follow them at trust.repodo.com. ### What do you do about hallucinations and errors from AI? We never assume that an AI output is correct. There is professional control around the technology, and the final responsibility rests with the auditor. ## About Repodo ### Who is behind Repodo? Repodo was founded by Ken Villum Klausen, Peter Andreasen and Joachim Strøjer Hansen, who built the Nordic digital bank Lunar, together with state-authorised auditor Anders Houmann. We're backed by Hedosophia and Seed Capital. ### Is Repodo a software company or an audit firm? Repodo is a group of companies, but as a client you are a client of an audit firm. The other companies build the technology the audit firm runs on. We don't sell AI software to other auditors; we deliver the audit ourselves and have the direct client relationship. ### Do you work with companies outside Denmark? Denmark comes first, with Sweden and the UK next. We already take requests from companies in both, and more of Europe will follow. Send a request wherever your company is, and we'll tell you what we can do for you today. ### Can I talk to a person? Yes. Call +45 70 90 70 88 or write to hello@repodo.com. ## Repodo and the audit industry ### How is Repodo different from established audit firms that already use AI and data analysis? The question isn't whether you use AI. We built our technology, workflows and client experience around AI from the start. And we don't sell software to the audit industry: we deliver the audit ourselves and have the direct client relationship. ### Why don't you just sell software to audit firms? Because we believe the biggest opportunity is to rethink the whole audit model. New software can improve an existing process; we want to build the process itself differently. ### Are you taking on the Big Four directly? Yes, and the large audit firms in the tier below. We are not building software for established audit firms to buy; we are building an audit firm and competing for clients. Our thesis is that the audit model itself can be built better when the technology is integrated from the start. ### What happens when PwC, Deloitte, EY or KPMG copy you? The industry is already investing in AI, but we don't have to accommodate legacy systems or transform an existing organisation. We built technology, processes and the client experience around AI from the start. Of course we expect competition. ### Is this an attack on the traditional auditor? No. We are challenging how audit work is organised, not the auditor's expertise or value to society. We believe AI can make the auditor's job more interesting by removing much of the routine work. ### Will Repodo mean that auditors aren't needed in the long run? No. We want to remove a large part of the routine work, not the need for an auditor. Auditors should spend more time where experience and judgement make a difference, and less on repetitive work. ### What does Repodo mean for jobs in the audit industry? AI will change the division of labour, and fewer working hours will go into some repetitive processes. Professional judgement, an understanding of risk and the conversation with the client become even more important. And we need to hire skilled auditors ourselves. ### What will the audit industry look like in five years? Much more of the manual work will be automated, for clients and auditors alike. Auditors will focus more on risk, complex judgements and the conversations where experience matters, and clients will spend less time collecting data. The question won't be whether the industry uses AI, but how fundamentally it has changed the way it works. --- Source: https://repodo.com/contact.md # How to reach us > Call or write. You'll reach people who know audit. - Phone, Denmark: [+45 70 90 70 88](tel:+4570907088) - Phone, Sweden: [+46 8 507 80 008](tel:+46850780008) - Phone, United Kingdom: [+44 20 8089 8999](tel:+442080898999) - General inquiries: [hello@repodo.com](mailto:hello@repodo.com) - Press and media: [press@repodo.com](mailto:press@repodo.com) - Careers: [careers@repodo.com](mailto:careers@repodo.com) - Security: [security@repodo.com](mailto:security@repodo.com) ## Offices ### Copenhagen (HQ) Kongens Nytorv 8, 3. 1050 Copenhagen K Denmark ### Aarhus Lille Torv 2 A, 1. th. 8000 Aarhus C Denmark ### Stockholm Sveavägen 50 Stockholm Sweden ### London Opening soon ## Social - [Repodo on LinkedIn](https://www.linkedin.com/company/repodo/) - [@repodo.ai on Instagram](https://www.instagram.com/repodo.ai) - [@RepodoAI on YouTube](https://www.youtube.com/@RepodoAI) - [@RepodoAI on X](https://x.com/RepodoAI) --- Source: https://repodo.com/privacy-policy.md # Privacy Policy > Version 1.0 · Last updated 21 August 2026 This notice explains how Repodo Platform ApS collects and uses personal data when you visit repodo.com or join the waitlist. The canonical full legal text is the [HTML privacy policy](https://repodo.com/privacy-policy). ## Who we are The data controller is Repodo Platform ApS, CVR no. 46694279, Kongens Nytorv 8, 3., 1050 Copenhagen K, Denmark. Phone: +45 70 90 70 88. Privacy questions: [privacy@repodo.com](mailto:privacy@repodo.com). Repodo Platform ApS is a subsidiary of Repodo Group ApS (CVR no. 46391756), a holding company that is not a controller of this website's personal data. ## What this notice covers The notice covers this website and waitlist sign-up only, not the Repodo platform (not yet available) and not audit-engagement processing by Repodo Statsautoriseret Revisionsanpartsselskab. ## Contents of the full notice - 1. Who we are - 2. What this notice covers - 3. The waitlist - 4. Visiting the website - 5. Cookies and local storage - 6. Who we share your data with - 7. Transfers outside the EU and EEA - 8. If you are outside Denmark - 9. How we protect your data - 10. Your rights - 11. Other points - 12. Changes to this notice - 13. Contact --- Source: https://repodo.com/terms.md # Terms and Conditions > For audit, assurance and other services · Version 1.0 · in force from 8 September 2026 These Terms and Conditions apply to services provided by Repodo Statsautoriseret Revisionsanpartsselskab, CVR no. 46715683, Kongens Nytorv 8, 3., 1050 Copenhagen K ("Repodo", "we", "us"). The Repodo Platform is operated by Repodo Platform ApS, CVR no. 46694279, a group company. Repodo Platform ApS is not the Client's auditor and issues no assurance report. Repodo remains the Client's contracting party and is responsible for the engagement. Part A applies to all Services. Part B applies in addition where the Client receives access to the Platform. The responsibilities of the auditor and of management in an audit engagement are set out in the Annex to the Engagement Letter, which forms an integral part of that letter, and not in these Terms. The version supplied with the Engagement Letter applies. A later version applies only in accordance with clause 16. Current and previous versions are available at repodo.com/terms or on request. The canonical full legal text is the [HTML terms page](https://repodo.com/terms). ## Part A - General terms and conditions ## 1. The agreement and the parties 1.1 The Engagement Letter, its Annex, agreed written amendments and these Terms constitute the entire agreement between Repodo and the client named in the Engagement Letter (the "Client"). 1.2 Neither party may transfer the Agreement without the other's written consent. Repodo may transfer it to a successor audit firm as part of a reorganisation, subject to any appointment required by law. 1.3 We may use Repodo Platform ApS and other subcontractors or advisers to perform the Services. Repodo remains responsible to the Client for their work as part of the Services. 1.4 To the extent permitted by law, claims relating to the Agreement or Services may be brought only against Repodo, not against a group company or any partner, director, employee or subcontractor personally. This clause benefits those persons as well as Repodo. 1.5 Where the Engagement Letter and these Terms are inconsistent, the Engagement Letter prevails. Where Part A and Part B are inconsistent on a matter concerning the Platform, Part B prevails. 1.6 Client purchase orders, tender terms or other standard terms apply only if Repodo expressly accepts them in writing. 1.7 "Services" means everything we provide under the Engagement Letter. "Client Data" means data drawn from the Client's connected systems and documents uploaded by the Client to the Platform. "Platform" means the Repodo Platform. "Repodo Platform ApS" means the group company identified above. ## 2. Scope and performance of the engagement 2.1 The Services are described in the Engagement Letter. 2.2 We will use reasonable efforts to meet agreed timetables. Unless expressly agreed as final in writing, dates are estimates and do not alter statutory filing deadlines. 2.3 Final advice and deliverables reflect the law, practice, facts and documents available at their date. We have no duty to update them unless agreed in writing. 2.4 Changes to scope must be agreed in writing and may require corresponding changes to the fee and timetable. The Agreement applies to the changed Services. 2.5 Where the Engagement Letter names the state-authorised public accountant or other personnel responsible for delivering the Services, we are entitled to replace those persons with other approved auditors or personnel of equivalent competence. A change in the state-authorised public accountant signing the report is notified to the Client. 2.6 The Client must notify us promptly if it believes the Engagement Letter does not reflect the agreed engagement. 2.7 Only advice given in writing may be relied upon. Oral advice, and drafts marked as such, are not final and may not be relied upon. 2.8 Deliverables are prepared solely for the purpose and Client stated in the Engagement Letter. No third party may rely on them, and no duty of care is assumed to a third party, unless Repodo expressly agrees in writing. This does not restrict publication of a statutory auditor's report with the annual report. 2.9 A report may be used only with the complete document to which it relates. Repodo's written approval is required for use in a prospectus or similar document and for any translation. ## 3. Co-operation 3.1 The parties will keep each other informed of any material matter concerning the performance of the engagement. 3.2 The Client will appoint a qualified person who is able to take all decisions at management level in respect of the Agreement. 3.3 The Client will cooperate loyally and provide access to the information, systems, personnel and explanations reasonably required for the Services, and will notify us of matters material to the engagement. 3.4 We may rely on information, records and explanations supplied to us except where applicable standards require verification. Where required access, feeds, uploads or information are materially incomplete or unavailable, we will use alternative procedures where reasonably possible. If sufficient appropriate audit evidence cannot otherwise be obtained, this may result in a modified opinion, an inability to express an opinion or termination. Except where immediate action is required by law or professional standards, we will give written notice and a reasonable opportunity to remedy a remediable failure. The fee consequences are governed by clauses 11.4 and 11.7 and apply only to the extent the matter is attributable to the Client. 3.5 The Client remains responsible for maintaining its own accounting records and for retaining accounting material in accordance with Danish bookkeeping legislation. Our files and working papers are our property and do not form part of the Client's accounting records. ## 4. Our services and the standards we work to 4.1 Each assurance engagement is performed in accordance with the professional standards and Danish law applicable to that engagement, as identified in the Engagement Letter. Audit responsibilities are set out in its Annex. For an audit engagement, we will communicate to those charged with governance an overview of the planned scope and timing, including significant risks identified, and report significant matters and significant deficiencies in internal control in accordance with applicable requirements. Reporting may take place in an auditor's long-form report (revisionsprotokollat), in the Platform or otherwise in writing, as appropriate. 4.2 Other services are performed with the care and skill reasonably to be expected of an approved audit firm. ## 5. Independence and permitted services 5.1 We comply with the independence requirements applicable to the engagement. Before accepting another service, we assess whether it is permitted and whether independence can be maintained. Other services are agreed separately. 5.2 The Client will promptly notify us of changes that may affect independence or the engagement, including changes in ownership, control, group structure, public-interest-entity status or relevant management appointments. 5.3 We may decline to provide, or cease to provide, a service where our independence, our quality management requirements or applicable law so require. Where this affects an engagement already accepted, we will tell the Client promptly and explain the consequences. 5.4 For independence purposes, the Platform is treated as a service provided by Repodo. Clause 28 describes the safeguards applying to it. ## 6. Conflicts of interest 6.1 We check for conflicts before accepting an engagement and will address any conflict identified later, although not every conflict can be identified immediately. 6.2 We ask that the Client inform us immediately if it is or becomes aware of a possible conflict of interest that may affect the engagement. 6.3 If safeguards can adequately protect the Client, we will agree them with the Client. Otherwise, we may decline or terminate the affected Services in accordance with clause 15. ## 7. Confidentiality 7.1 We are bound by the duty of confidentiality in section 30 of revisorloven. In addition, each party is obliged to treat as confidential all material and all information concerning the other party, and all information received from the other party in connection with the engagement. 7.2 Confidentiality does not apply to information that is public, already lawfully known, independently developed, lawfully received without restriction, or required to be disclosed by law, professional standards, a court or a competent authority. 7.3 The Client authorises Repodo to disclose information to Repodo Platform ApS as necessary to operate the Platform and perform the engagement. This contractual authorisation is not consent as a legal basis under the General Data Protection Regulation. If the Client withdraws the authorisation and no lawful and practicable alternative is available, the Platform can no longer be provided; clauses 3.3, 11.4 and 15 apply. Repodo Platform ApS is bound by equivalent confidentiality obligations and clause 29.2, and Repodo remains responsible for its handling of that information. 7.4 We may disclose confidential information to personnel, subcontractors, regulators, an incoming auditor, insurers and professional advisers where reasonably necessary or legally required, provided appropriate confidentiality obligations apply. 7.5 The Client will keep confidential the Platform, its indicator logic, its models and its non-public output, together with any information about our methodologies that we designate as confidential, and will not disclose it to a third party or use it other than for the Client's own internal purposes. 7.6 Neither party may use the other's name, logo or the fact or details of the engagement publicly without prior written consent, except where disclosure is required by law. 7.7 We may retain and later destroy documents in accordance with applicable law, professional standards and our retention policy, subject to this clause and clause 8.5. 7.8 This clause survives termination. ## 8. Personal data 8.1 For audit and assurance engagements, Repodo ordinarily acts as controller because applicable law and professional standards determine the purposes and essential means of processing. Where Repodo acts as processor for a separate service, the parties will enter into a data processing agreement for that service. In a mixed engagement, that agreement applies only to the processor activities. 8.2 We use Repodo Platform ApS and other processors where necessary to deliver the Services. Processing categories, security measures, locations, international transfers and our current processor list are described in our privacy notice or made available on request. 8.3 To the extent we receive personal data about third parties from the Client, it is the Client's responsibility to ensure that it is entitled to disclose that personal data to us. 8.4 Our privacy notice is available at repodo.com/privacy-policy. The Client will reasonably assist us by making it available to relevant employees and other individuals whose data it supplies. That assistance does not relieve Repodo of obligations applying to it as controller. 8.5 We retain audit working papers and copies of reports, audit protocols and financial statements for five years from signing the report to which they relate, and for longer where a competent authority or applicable law requires it. We retain information, documents and records obtained under the Danish Anti-Money Laundering Act (hvidvaskloven) for at least five years after the client relationship ends or an occasional transaction is completed; personal data in that material is deleted after five years unless another law requires further retention. Other personal data is retained only for as long as necessary for the purpose for which it is processed, including where reasonably necessary to establish, exercise or defend a legal claim. Any obligation to return or delete data is subject to these requirements. 8.6 Information about data-subject rights and how to exercise them is set out in our privacy notice. Rights remain subject to applicable law and our statutory confidentiality duties. 8.7 We limit collection and use from connected systems to data reasonably required for the engagement and retain it only as permitted by clause 8.5. 8.8 The restriction on model training in clause 29 applies to all Client Data. ## 9. Anti-money laundering and statutory reporting duties 9.1 We perform the customer due diligence required by the Danish Anti-Money Laundering Act before acceptance and throughout the relationship. We may decline or terminate an engagement if we cannot complete or maintain it. 9.2 We may be required to report suspected money laundering, terrorist financing, beneficial-owner discrepancies or other matters notwithstanding confidentiality. Where law prohibits us from doing so, we may not tell the Client that a report has been made. 9.3 We retain related documentation in accordance with clause 8.5 and applicable law. ## 10. Electronic communication 10.1 The parties may communicate and exchange documents by email and through the Platform unless the Agreement requires another method. 10.2 Electronic communications may be delayed, intercepted or corrupted. Each party will use reasonable safeguards for its own systems and credentials. 10.3 Repodo is not responsible for loss caused by the Client's systems or a third-party communications network, except to the extent caused by Repodo's breach of the Agreement or applicable law. ## 11. Fees, invoicing and payment 11.1 Our fee is calculated in accordance with the Engagement Letter. Danish VAT is added where applicable. 11.2 If no fee basis has been agreed, fees are calculated by reference to time spent at the rates applying to the personnel performing the work. 11.3 The fee stated in the Engagement Letter is a recurring monthly subscription fee covering the Platform and the Services for the stated financial year. The annual amount shown is the aggregate of twelve monthly fees and is not an additional charge. The subscription is agreed for the full financial year and is not cancellable month to month. Beginning with the calendar month in which the Agreement is entered into, one monthly fee is invoiced in arrears for each commenced month until the earlier of delivery of the auditor's report for that financial year and the annual fee having been invoiced in full. On delivery of that report, Repodo invoices any balance of the annual fee remaining after deduction of all monthly fees already invoiced for that financial year. The final invoice is payable in accordance with clause 11.9. For each subsequent financial year, monthly invoicing of that financial year's fee begins in the calendar month after delivery of the auditor's report for the preceding financial year, unless the parties agree otherwise, and the same final-balance mechanism applies. Clause 11.4 governs the amount payable if the engagement ends or cannot be completed. 11.4 If Repodo ends the engagement for reasons not attributable to the Client, or cannot issue the report for reasons attributable to Repodo, the subscription fee is apportioned to the Services delivered up to that point. If the Client terminates the Agreement during the financial year for convenience or for another reason not attributable to Repodo, or if non-completion or termination results from the Client's breach, missing access or information, incomplete due diligence or a client-imposed scope limitation, the remaining monthly fees for the financial year are payable as an agreed early-termination charge, to the extent permitted by applicable law. 11.5 Unless the parties agree a different fee in writing, the monthly subscription fee and annual aggregate for each subsequent financial year are adjusted automatically by the higher of (a) 3% and (b) the percentage increase in the all-items Danish Net Price Index (nettoprisindekset) published by Statistics Denmark, measured by comparing the index for June immediately preceding the beginning of that financial year with the index for June one year earlier, unless the Engagement Letter specifies another reference month, in which case the comparison is made using that month and the same month one year earlier. Repodo will notify the Client in writing of the adjusted fee no later than one month before the last date on which the Client can give notice under the Engagement Letter with effect from the end of the then-current financial year. The adjusted fee is first invoiced in the month in which monthly invoicing for that financial year begins under clause 11.3. The first adjustment applies to the financial year immediately following the financial year stated in the Engagement Letter. The adjustment does not increase any unpaid balance of the fee for an earlier financial year. If the index is discontinued or materially changed, the closest comparable official Danish index applies. Where the Client's activities, the scope of the engagement or the assumptions recorded in the Engagement Letter have changed materially, Repodo may reassess the engagement and propose a revised fee, which must be agreed and recorded in writing in accordance with clause 2.4. Until a revised fee or replacement Engagement Letter has been agreed, the automatically adjusted fee continues to apply, without limiting clauses 11.6 to 11.8 or either party's termination rights. 11.6 The subscription fee assumes the circumstances recorded in the Engagement Letter. Additional work is chargeable where those assumptions materially change or prove materially inaccurate for reasons attributable to the Client, after prior notice where reasonably practicable. 11.7 Work outside the agreed scope, including additional work caused by deficient records or previously undisclosed matters, is charged separately. We will notify the Client before starting it where reasonably practicable. 11.8 The Client reimburses reasonable engagement-related third-party costs and expenses at cost. Client-appointed advisers are paid directly by the Client; agreed Repodo-appointed experts or subcontractors may be recharged at cost. 11.9 Unless otherwise stated in the Engagement Letter, invoices are payable 30 days after the invoice date. The applicable due date will be stated on each invoice. If payment is not received by the due date, Repodo may charge interest from that date at the rate prescribed by section 5 of the Danish Interest Act (renteloven), as amended from time to time. Where permitted by law, Repodo may also charge the fixed compensation amount applicable to late payments in commercial transactions, reminder and collection referral fees, and reasonable and relevant costs incurred in recovering the overdue amount. 11.10 The Client may not withhold payment or set off a claim unless Repodo has accepted the claim in writing or it has been finally determined. 11.11 Following written notice, we may suspend non-statutory Services or Platform access while an invoice remains overdue. We will not withhold a statutory report solely because of non-payment, and suspension does not reduce the fee. 11.12 Where the Engagement Letter covers more than one company, the company identified as invoice recipient is responsible for payment of the whole fee, and each company covered is liable for the fee attributable to its own engagement. ## 12. Breach 12.1 Either party may terminate for a material breach that remains unremedied after the notice required by clause 12.3. 12.2 A material payment default may constitute a material breach. 12.3 Unless the breach cannot be remedied or immediate action is required by law or professional standards, termination for breach requires written notice describing the breach and at least 14 days to remedy it. 12.4 In the event of material breach a party is entitled to damages under the general rules of Danish law, subject to clause 13. ## 13. Liability 13.1 We are liable for the Services delivered under the Agreement in accordance with the general rules of Danish law, subject to the following limitations. 13.2 Cap. Our liability in damages is limited to an amount corresponding to three times the fee, excluding VAT, payable under the Engagement Letter for the financial year in which the event giving rise to the liability occurred. For a one-off service, it is limited to three times the fee, excluding VAT, for that service. The limit applies to the engagement as a whole - including the audit, and including the Platform, its availability and errors in indicators, insights or suggested actions - and is not increased by the number of claims, claimants or companies covered by the Engagement Letter. 13.3 Repodo is not liable for indirect or consequential loss, including loss of profit, goodwill or anticipated savings, except to the extent such liability cannot lawfully be limited. 13.4 Repodo is not responsible to the extent loss results from inaccurate or incomplete information not supplied by Repodo or its subcontractors; the Client's acts or omissions; reliance on oral advice or drafts; management decisions based on Platform output; client-appointed advisers; third-party systems or services outside Repodo's reasonable control; or events that were not reasonably foreseeable. 13.5 Security incidents. We are not liable for loss or damage caused by a cyber attack on, or an IT failure in, the Client's own systems or those of a third-party provider. This clause does not limit our own obligations in respect of the security of the Platform under clause 31 or our obligations as controller under the General Data Protection Regulation. 13.6 Repodo assumes no duty to a third party unless expressly agreed or required by law. The Client indemnifies Repodo against third-party claims resulting from the Client's material breach, materially inaccurate information or unauthorised disclosure or use of Repodo's work. The indemnity does not apply to the extent caused by Repodo's breach, negligence, gross negligence or wilful misconduct and does not cover fines imposed for Repodo's own conduct. 13.7 Non-payment does not extinguish either party's rights or liabilities under the Agreement. 13.8 The Client must notify us in writing without undue delay after discovering an alleged deficiency and allow a reasonable opportunity to remedy it. Delay may affect the available remedy to the extent it causes prejudice. 13.9 Subject to mandatory law, a damages claim must be notified in writing without undue delay after the Client became, or ought reasonably to have become, aware of it. Claims are subject to the limitation periods in the Danish Limitation Act (forældelsesloven), including the general three-year limitation period calculated in accordance with that Act. 13.10 Persons and companies covered. The limitations of liability under the Agreement apply for the benefit of Repodo Platform ApS and of the state-authorised public accountant signing the report and any other partner, director, employee and subcontractor of Repodo, as if each were a direct party to the Agreement. No personal claim may be raised against any of them. 13.11 Mandatory law. Nothing in this clause limits or excludes liability that cannot be limited or excluded under Danish law, including liability caused intentionally or by gross negligence, and nothing in this clause limits our liability to third parties in respect of a statutory auditor's report. ## 14. Rights 14.1 Each party retains ownership of material and rights it owned before the engagement. The Client retains ownership of Client Data, accounting records and other client material supplied to Repodo. 14.2 Repodo and Repodo Platform ApS retain their respective rights in the Platform, software, models, indicator logic, methods, know-how, templates and working papers. Repodo owns new generic tools and methods developed in performing the Services, excluding Client Data and client-owned material. 14.3 The Client may use deliverables for the purpose stated in the Engagement Letter, including lawful filing and publication of its annual report and statutory auditor's report. No right is granted to Repodo's underlying software, models, methods or working papers. 14.4 No licence or right is granted by implication. ## 15. Term, suspension and termination 15.1 Where the Services comprise an audit engagement, the appointment may be brought to an end in accordance with the rules applicable to it. The term of the engagement and the ordinary notice period are as stated in the Engagement Letter. 15.2 We may terminate immediately where required by law, independence, professional standards or quality requirements; customer due diligence cannot be completed; an unmanageable conflict exists; the Client becomes insolvent or is dissolved; or a material breach remains unremedied under clause 12.3. A remediable failure to provide required access, feeds or uploads is subject to written notice and a reasonable opportunity to remedy it unless immediate action is required. 15.3 Ending the Engagement Letter does not itself end a statutory auditor appointment. An appointed auditor may be removed before the end of the term only for a justified reason under section 146 of the Danish Companies Act. Differences of opinion concerning accounting treatment or audit procedures do not constitute a justified reason. Where the appointment ends early, the Client and Repodo will make the notifications and provide the reasons required by section 146 and section 18 of the Danish Act on Approved Auditors and Audit Firms. 15.4 Subject to applicable law, independence, professional standards and obtaining sufficient appropriate audit evidence, we will ordinarily complete the report for a financial year that ended before notice was given. 15.5 On the Client's termination of the Agreement, clauses 11.3 and 11.4 govern the subscription fees payable. The Client also pays accrued costs and disbursements and any separately chargeable out-of-scope work incurred up to termination. No amount is payable twice under this clause and clause 11. 15.6 On termination, access to the Platform ends and the Client's data is made available for export as set out in clause 33. 15.7 Termination does not affect rights accrued before it takes effect. Any provision of the Agreement that expressly or by its nature extends beyond termination continues to apply, including clauses 2.8, 7, 8, 13, 14 and 21 of Part A and clauses 27, 29 and 33 of Part B. ## 16. Changes to these Terms 16.1 We may update these Terms by publishing a numbered and dated version at repodo.com/terms, subject to this clause 16. 16.2 A material change takes effect only after at least 30 days' written notice. If the Client rejects it within that period, the previous version continues to apply unless the parties agree otherwise or law requires an earlier change, and the Client may terminate the Agreement by written notice with effect from the end of the current financial year. 16.3 Non-material clarifications or corrections take effect on publication. A change required by law or professional standards takes effect when required, with advance notice where reasonably practicable. 16.4 Except for the automatic annual price adjustment under clause 11.5, the monthly subscription fee and annual aggregate, management and auditor responsibilities in the Annex, and clause 29.2 may be changed only by written agreement. 16.5 Continued use of the Services or of the Platform after a change has taken effect constitutes acceptance of it. ## 17. Force majeure 17.1 Neither party is liable for delay caused by an event beyond its reasonable control. The affected party must notify the other and take reasonable steps to mitigate the effect. This clause does not excuse accrued payment obligations or obligations that can reasonably be performed despite the event. ## 18. Anti-bribery 18.1 Each party will comply with applicable anti-bribery laws in connection with the Agreement and will not offer or accept an improper financial or other advantage. ## 19. Sanctions and export control 19.1 Each party will comply with sanctions and export-control laws applicable to its performance of the Agreement and will promptly notify the other of any circumstance that would make the Services unlawful. 19.2 The Client will not permit the Services to be used by or for the benefit of a sanctioned person or territory where that use would breach applicable law. 19.3 Where a party is in material breach of this clause, the other party is entitled to suspend delivery or receipt of the Services, in whole or in part, and to terminate the Agreement with immediate effect by written notice. ## 20. General 20.1 Notices. Notices must be in writing and may be given by letter or by email to the addresses stated in the Engagement Letter, or by message in the Platform. 20.2 Severability. If a provision is held invalid or unenforceable, the remainder continues in force and the provision is to be applied to the greatest extent permitted. 20.3 No waiver. A failure or delay in exercising a right is not a waiver of it. 20.4 These Terms are issued in English. If another language version is supplied, the English version prevails. ## 21. Governing law and jurisdiction 21.1 The Agreement and these Terms are governed by Danish law. The courts of Denmark have exclusive jurisdiction, and Copenhagen City Court (Københavns Byret) is the agreed venue, subject to any mandatory rules on subject-matter jurisdiction. ## 22. Complaints 22.1 Complaints should be sent to the responsible state-authorised public accountant or to complaints@repodo.com. We will acknowledge receipt within five business days. 22.2 A complaint concerning the conduct of an approved auditor may also be brought before the Danish Disciplinary Board for Auditors (Revisornævnet). ## Part B - Repodo Platform terms of use Part B applies in addition to Part A where the Engagement Letter grants the Client access to the Platform. Defined terms have the meaning given in Part A. ## 23. Licence and permitted use 23.1 During the engagement, Repodo grants the Client a non-exclusive, non-transferable and non-sublicensable right to use the Platform internally for the engagement. 23.2 Except to the extent mandatory law permits otherwise, the Client must not resell, sublicense, reverse engineer, copy, bulk-extract outside clause 33, use to develop a competing service, or publish performance testing of the Platform without Repodo's written consent. 23.3 The Client is responsible for its users' compliance with Part B and for acts and omissions of its users as if they were its own. ## 24. Access and users 24.1 Access is limited to named users approved by Client management. Credentials are personal and must not be shared. 24.2 The Client must keep its user list current. We may suspend a user on the Client's instruction or where we reasonably suspect misuse or a security risk. 24.3 There is no limit on the number of named users, and users may be added or replaced at any time at no additional cost. ## 25. Connections to the Client's systems 25.1 The Platform connects to the Client's accounting system on a read-only basis and cannot post entries, alter records or initiate payments. 25.2 We collect only data reasonably required for the engagement and process it as controller in accordance with clauses 8.1 and 8.7. 25.3 The Client is responsible for authorising connections, for the completeness and accuracy of its system data, and for compliance with its own provider's connection terms. 25.4 Bank data is obtained through an authorised account-information provider identified in the privacy notice and consent flow. The Client gives the separate consent required by payment-services law directly to that provider, renews it periodically where required by applicable law or the provider, and may withdraw it at any time. 25.5 The account-information provider is responsible for that regulated service. Once delivered to Repodo, bank data is processed by Repodo as controller under clause 8.1. 25.6 Where the access, feeds or uploads the Platform requires are not provided, are withdrawn or are incomplete - including where a consent under clause 25.4 lapses or is withdrawn - the consequences for the audit are as set out in the Engagement Letter and the consequences for the fee are as set out in clause 11.4. ## 26. What the Platform provides 26.1 The Platform includes the following core functionality and may also include other features, tools or content that Repodo makes available from time to time: - Indicators. Automated checks run nightly against the connected ledger and the documents the Client uploads, covering liquidity, spend, working capital, controls and covenants. - Tasks. The items we need from the Client, each stated with the reason we are asking and a date. - Insights. Related indicators read together, with a suggested next step for management to consider. - Uploads. A secure exchange for budget, loan and covenant documentation and other records, re-read automatically whenever a document is replaced. - Status. The stage the audit has reached and whether it is on schedule. 26.2 Access to the Platform is included in the monthly subscription fee stated in the Engagement Letter and is not invoiced separately. ## 27. The status of Platform output 27.1 Platform output supports the engagement but is not an audit opinion, review conclusion or other assurance report. Repodo's only assurance report is the report identified in the Engagement Letter. 27.2 Platform content does not replace reporting required to those charged with governance. 27.3 Management retains the responsibilities in the Annex and remains responsible for decisions based on Platform output. 27.4 Indicators may produce false positives or negatives and do not replace the Client's internal controls. 27.5 The Platform is not a bookkeeping system and does not discharge the Client's obligations under Danish bookkeeping legislation. ## 28. Independence and the Platform 28.1 The Platform is an audit tool and does not cause Repodo to assume management responsibility, prepare source records or determine amounts in the financial statements. Suggested actions remain for management to decide. 28.2 We assess and document the Platform's independence implications and communicate relevant threats and safeguards to those charged with governance. ## 29. Automated processing and use of Client Data 29.1 The Platform uses automated analysis, including machine-learning techniques, to support planning, performance, evidence and communication of the engagement. 29.2 Neither Repodo nor Repodo Platform ApS uses Client Data to train, fine-tune or otherwise improve any model, including any general-purpose model, and neither permits any subcontractor or sub-processor to do so. Client Data is processed only for the purposes described in clause 29.1 and for operating the Platform for the Client. 29.3 Cross-client statistics or benchmarks use irreversibly anonymised data that cannot reasonably be attributed to the Client, and Repodo will not attempt re-identification. 29.4 A member of the engagement team reviews automated output before it is used as audit evidence or communicated as Repodo's conclusion and remains responsible for the audit and report. 29.5 Clause 29.2 cannot be changed without the Client's agreement; see clause 16.4. ## 30. Availability, maintenance and changes 30.1 We aim to keep the Platform available, subject to maintenance, security events and matters outside our reasonable control. 30.2 No service level or service credit applies, and we do not warrant uninterrupted or error-free availability. Clause 13 governs liability. 30.3 We may add, modify or discontinue Platform features. During the engagement, we will not materially reduce the core functionality described in clause 26.1 without the Client's agreement. 30.4 We may suspend access temporarily where necessary for security reasons or where required by law, and will restore it as soon as reasonably practicable. ## 31. Security 31.1 We apply appropriate technical and organisational security measures, described further in our privacy notice or security documentation. 31.2 The Client is responsible for the security of its own systems and devices and for the safekeeping of its users' credentials, and clause 10.3 applies. 31.3 We notify the Client without undue delay of a security incident materially affecting Client Data and make regulatory notifications where required of us. ## 32. Third-party components and processors 32.1 The Platform uses third-party services, including hosting and bank-feed services. Current processor information is available through our privacy notice or on request. 32.2 We remain responsible to the Client for the Services provided through those components, subject to clauses 13.3 to 13.11. ## 33. Data export and deletion on termination 33.1 On termination of the Engagement Letter, access to the Platform ends subject to the switching and retrieval rights in this clause. To the extent Chapter VI of Regulation (EU) 2023/2854 (the Data Act) applies to the Platform, the Client may ask Repodo in writing to switch the relevant service to another provider, port its exportable data and digital assets to on-premises infrastructure, or erase them. The notice period for initiating that process will not exceed two months. 33.2 During a switching process to which the Data Act applies, Repodo will provide the assistance, service continuity, information and security required by applicable law. Repodo will ordinarily complete the transition within 30 calendar days after the notice period. If that is technically unfeasible, Repodo may use a longer period permitted by law after giving the Client a timely explanation. 33.3 Repodo will provide the Client with an up-to-date written description of the categories of exportable data and digital assets, any lawful exclusions, and the available data structures, formats, standards and interfaces. On a timely request, Repodo will provide the required export in a structured, commonly used and machine-readable format. Repodo is not required to develop new technology or disclose protected intellectual property or trade secrets except as mandatory law requires. 33.4 The Client's uploaded documents and indicator history remain available for retrieval for at least 30 calendar days after termination or the successful completion of a switching process. The Client is responsible for retaining its own accounting records and downloading the data it needs. The Platform is not a substitute for storage required by bookkeeping law. 33.5 No switching charge applies except to the extent and for so long as applicable law permits Repodo to recover costs directly linked to the switching process. Repodo may charge for additional assistance requested by the Client that goes beyond Repodo's statutory switching obligations if the Client agrees the price in advance. Standard subscription fees and any early-termination charge under clause 11 continue to apply. 33.6 After the applicable retrieval period, Repodo will erase the Client's exportable data and digital assets from the Platform. This does not require Repodo to delete copies held separately in its audit, anti-money-laundering or legal files where retention is required or permitted under clause 8.5. --- Source: https://repodo.com/sitemap.md # Sitemap > Every page on repodo.com, in one place. - [Home](https://repodo.com/) - [How it works](https://repodo.com/how-it-works) - [Technology](https://repodo.com/how-it-works/technology) - [Trust and security](https://repodo.com/how-it-works/security) - [Switch auditor](https://repodo.com/switch-auditor) - [Pricing](https://repodo.com/pricing) - [About](https://repodo.com/about) - [Press](https://repodo.com/about/press) - [Careers](https://repodo.com/about/careers) - [Questions and answers](https://repodo.com/about/faq) - [Contact](https://repodo.com/contact) - [Privacy Policy](https://repodo.com/privacy-policy) - [Terms and Conditions](https://repodo.com/terms) - [Sitemap](https://repodo.com/sitemap) - [Forward Deployed Auditor](https://repodo.com/about/careers/forward-deployed-auditor) - [Ex-Lunar founders raise €8.2m to launch AI-native audit firm Repodo](https://repodo.com/about/press/raises-pre-seed-funding) - [Lunar-profiler rejser over 60 mio. kr.: AI skal redefinere revisionsbranchen](https://repodo.com/da/about/press/raises-pre-seed-funding) --- Source: https://repodo.com/about/careers/forward-deployed-auditor.md # Forward Deployed Auditor > AI-native audit expertise, embedded with the client: onboarding, enablement and adoption of the Repodo platform. Turn a newly signed enterprise client into a confident, self-sufficient Repodo user. You're the bridge between our AI-native audit method and the client's finance team, on site or remote through onboarding, turning audit know-how into a platform they actually use. - Based in: Copenhagen, with time on site at clients - Hours: Full-time - Reports into: The platform team, not the audit practice - Background: Trained auditor, 3+ years ## What the role is, and isn't - **It is**: A platform specialist with an auditor's training. You set up audit actions in Repodo, teach the finance team the platform and show them what the dynamic annual report can do. - **It isn't**: Part of the team that audits the client's numbers. You never perform assurance procedures, form audit judgements or prepare figures our auditors later give an opinion on. The separation is structural: you report into the platform organisation, not the audit practice. ## What you'll do You own the client's first 90 days on Repodo: configuration, data connections, chart-of-accounts mapping and workflow set-up, fitted to how they close and report. - **Enablement**: Train the finance team hands-on and build playbooks for each client, so they run Repodo on their own after handover. - **Dynamic annual report**: Demo and configure the dynamic annual report, and help the client move from a static PDF to a live report connected to their data. - **Audit actions**: Help the client put audit actions and remediation workflows to work in Repodo: tracked, assigned and evidenced on the platform. - **Product feedback**: Bring what you learn in the field back to product and engineering. Every deployment should make the next one need less of your time. ## Who you are - **A trained auditor**: CPA, ACA, ACCA or equivalent, with at least three years in audit or financial reporting. You speak the finance team's language and understand materiality, controls and the close. - **AI-native**: Fluent with LLM-based tools, comfortable with data flows, integrations and light scripting, and curious about what agents can automate next. - **A teacher at heart**: Credible in front of a CFO and patient with a junior controller. You're comfortable being the face of Repodo on site. ## How we measure success - **Time to live**: The client is fully up and running on Repodo within the onboarding window. - **Adoption**: The finance team uses Repodo every week after handover, and the dynamic annual report is in production. - **Leverage**: Fewer of your hours per deployment, quarter on quarter, as playbooks and the product improve. - **Client health**: Renewals, expansion and clients who are happy to act as a reference. ## Independence, built in The role covers platform onboarding, training and adoption, and nothing else. Where we also audit the same client, you have no part in the audit engagement, and the audit team independently evaluates anything produced through the platform. The boundaries are set out in every engagement letter. ## Sounds like you? Send your CV and a few lines on why this role is for you to [careers@repodo.com](mailto:careers@repodo.com). More roles on the [careers page](https://repodo.com/about/careers). --- Source: https://repodo.com/about/press/raises-pre-seed-funding.md # Ex-Lunar founders raise €8.2m to launch AI-native audit firm Repodo Copenhagen, Denmark, 25 August 2026 Pre-seed round led by Hedosophia and Seed Capital backs a new model for statutory audit, launching in Denmark before planned European expansion. Ken Villum Klausen, Peter Andreasen and Joachim Strøjer Hansen, who co-founded and helped build Nordic digital bank Lunar as CEO, CFO and CPO respectively, have raised €8.2 million in pre-seed funding to launch Repodo, a new authorised audit firm built around AI from the ground up. The round is led by Hedosophia and Seed Capital, with participation from prominent investors. Repodo launches in Denmark with an initial focus on small and medium-sized businesses and plans to expand market by market across Europe. AI is already changing the way work is carried out across areas including law, tax and accounting. In audit, much of the innovation to date has focused on applying new technology to make existing firms and workflows more efficient. Repodo is taking a different approach. Rather than adding AI tools to an existing audit model, the company has designed its technology, workflows and customer experience around AI from the outset, while keeping qualified auditors responsible for professional judgement, oversight and final sign-off. The opportunity is significant. Europe’s audit market is worth more than €80 billion annually, while statutory audit remains a costly, time-consuming and administratively demanding process for many small and medium-sized businesses. Repodo aims to reduce the manual work involved for both businesses and auditors, creating a faster, lower-friction and more affordable audit experience. > Audit is still built around an operating model that depends heavily on manual work. AI gives us the opportunity to redesign that model from the ground up - not by removing auditors, but by allowing technology to handle more of the repetitive processing and giving auditors more time to focus on judgement, risk and the issues where their expertise really matters. > > — Ken Villum Klausen, CEO and co-founder of Repodo > We have seen before how technology can fundamentally improve the customer experience in a heavily regulated industry. We believe the same opportunity now exists in audit. Denmark is our starting point, but our ambition is to build a European audit firm for the AI era. ## AI-native, with auditors at the centre Repodo’s platform automates parts of the audit process including data collection, reconciliations, documentation and transaction analysis. Qualified auditors retain responsibility for review, risk assessment, professional judgement and final sign-off. By reducing repetitive preparation and processing, Repodo aims to give auditors more time to focus on exceptions, complex issues and the conversations where professional experience matters most. The model is also intended to reduce the amount of time clients spend collecting information, responding to routine requests and supporting manual audit processes. Klausen, Andreasen and Hansen bring experience from building and scaling Lunar in one of the most highly regulated areas of financial services. They are joined by co-founder and auditor Anders Houmann, bringing specialist audit expertise to Repodo’s founding team. Together, the founders are applying their experience across technology, regulated financial services and audit to an industry they believe is ready for a fundamental change in its operating model. Sarra Zayani, Partner at Hedosophia, said: > What stood out to us about Repodo is that the team is not simply applying AI to an existing audit workflow. They are rebuilding the operating model around the technology while preserving the professional accountability that audit requires. > > The founders combine first-hand experience of building and scaling a technology challenger in a highly regulated market with a clear view of how AI can change the economics and customer experience of a very large industry. We believe that creates the foundations for a significant European company. > > — Sarra Zayani, Partner at Hedosophia The new capital will be used to further develop Repodo’s technology platform, build its team and support the company’s launch in Denmark. The company has been designed from the outset to expand market by market across Europe. ## About Repodo Repodo is an AI-native authorised audit firm founded in Copenhagen by Ken Villum Klausen, Peter Andreasen, Joachim Strøjer Hansen and Anders Houmann. The company is building a new model for statutory audit in which AI is integrated into the firm’s technology and operating model from the outset. Repodo uses technology to automate repetitive parts of the audit process, while qualified auditors retain responsibility for professional judgement, oversight and final sign-off. Repodo launches in Denmark in 2026 with an initial focus on small and medium-sized businesses and plans to expand across European markets. ## Media contact - Email: [press@repodo.com](mailto:press@repodo.com) - Phone: [+45 70 90 70 88](tel:+4570907088) --- Source: https://repodo.com/da/about/press/raises-pre-seed-funding.md # Lunar-profiler rejser over 60 mio. kr.: AI skal redefinere revisionsbranchen København, Danmark, 25. august 2026 Den danske revisionsudfordrer Repodo tager fra i dag konkurrencen op med branchens kæmper. Med Repodo bliver revision hurtigere, enklere og mindre omkostningstung for særligt små og mellemstore virksomheder. Selskabet er stiftet bl.a. af Lunar-profilerne Ken Villum Klausen og har rejst over 60 mio. kr. i en pre-seed-runde ledet af Hedosophia og Seed Capital samt flere fremtrædende investorer. Ambitionerne er høje, og selskabet forventer hurtig ekspansion i Europa. Som verdens første AI-native autoriserede revisionsfirma, tilbyder Repodo en fuld revisionsløsning, hvor teknologien er integreret i selskabets kerne fra første dag. Mulighederne bag er enorme: Den europæiske revisionsbranche har en årlig markedsværdi på mere end 600 mia. kroner, men har endnu ikke oplevet den AI-omstilling, som har forandret andre dele af rådgivnings- og finansbranchen. Det vil danske Repodo nu ændre: > For mange små og mellemstore virksomheder er revision i dag for langsom, besværlig og omkostningstung. Det ændrer vi fundamentalt med Repodo. > > — Ken Villum Klausen, CEO og founder af Repodo > Revision skal ikke længere handle om, hvor mange timer en revisor kan fakturere, men om hurtigere at give virksomheden det rigtige svar på et solidt grundlag. Med Repodo lader vi AI håndtere det tunge rutinearbejde, som i dag optager store ressourcer i virksomhederne. Det giver medarbejderne tid til det vigtige, ligesom revisorerne kan fokusere på risici, vurderinger og de samtaler, der kræver erfaring og dømmekraft. Det gør revision hurtigere og mere tilgængelig for mindre virksomheder uden at flytte ansvaret væk fra mennesker. Dermed bliver den danske start-up et alternativ til de store revisionshuse, hvor vejen til et revideret regnskab bliver hurtigere, enklere og mere økonomisk tilgængelig for virksomheder af alle størrelser. ## AI overtager rutineopgaverne – revisoren tager ansvaret Repodos platform automatiserer en stor del af det omfattende revisionsarbejde med blandt andet dataindsamling, afstemninger, dokumentation og analyse af transaktioner. Det frigør revisorens tid til det arbejde, der kræver professionel dømmekraft såsom at vurdere risici og regnskabsmæssige skøn, forstå virksomheden og tage de vigtige samtaler med kunden: > Vores model er bedre for kunderne, som får en lavere pris, en transparent proces og et hurtigere resultat. Samtidig kan revisorerne fokusere på det, der gør en forskel - den faglige vurdering og dialogen med kunderne. Derfor er vores konkurrenter først og fremmest de etablerede revisionshuse og ikke den enkelte revisor. > > — Ken Villum Klausen Den endelige vurdering og underskrift foretages derfor også altid af en godkendt revisor. På den måde gør teknologien processen hurtigere, mere transparent og billigere for kunden uden at erstatte det faglige ansvar. Samtidig er et revideret regnskab langt mere end et lovkrav. Det er et kvalitetsstempel, som styrker virksomhedens troværdighed over for banker, investorer, leverandører og kunder. Selvom fordelene ved revision derfor er store, fravælger mange mindre virksomheder alligevel revision, når de ikke er omfattet af et lovkrav. Repodo sænker både prisen og den praktiske barriere på at få et revideret regnskab, så flere kan være med. ## Rejser over 60 mio. kr. før lanceringen Repodo er grundlagt af Ken Villum Klausen, Peter Andreasen og Joachim Strøjer Hansen, der alle har været med til at stifte den digitale bank Lunar. De tre grundlæggere har dermed erfaring med at opbygge teknologivirksomheder i komplekse og stærkt regulerede markeder. De flankeres af Anders Houmann, der er medstiftende revisor. Det har investorerne taget til sig og Repodo har rejst over 60 mio. kr. i en pre-seed-runde ledet af Hedosophia og Seed Capital med deltagelse fra en række fremtrædende investorer: > Det, der især skiller sig ud for os ved Repodo, er, at teamet ikke blot anvender AI i en eksisterende revisionsproces. De bygger selve driftsmodellen op omkring teknologien, samtidig med at de bevarer det faglige ansvar, som revision kræver. > > Stifterne kombinerer førstehåndserfaring med at bygge og skalere en teknologisk udfordrer i et stærkt reguleret marked med en klar forståelse af, hvordan AI kan ændre både økonomien og kundeoplevelsen i en meget stor branche. Vi mener, at det skaber fundamentet for at skabe en vigtig europæisk virksomhed. > > — Sarra Zayani, Partner, Hedosophia Kapitalen skal bruges til at markedsføre og videreudvikle platformen, opbygge organisationen og føre Repodo ud på det danske og hurtigt derefter det europæiske marked. ## Om Repodo Repodo er et AI-native autoriseret revisionsfirma, grundlagt i København af Ken Villum Klausen, Peter Andreasen, Joachim Strøjer Hansen og Anders Houmann. Virksomheden bygger en ny model for lovpligtig revision, hvor AI fra begyndelsen er integreret i både virksomhedens teknologi og driftsmodel. Repodo bruger teknologi til at automatisere de repetitive dele af revisionsprocessen, mens godkendte revisorer fortsat har ansvaret for faglige vurderinger, kontrol og den endelige godkendelse og underskrift. Repodo lanceres i Danmark i 2026 med et indledende fokus på små og mellemstore virksomheder og planlægger at ekspandere til flere europæiske markeder. ## Media contact - Email: [press@repodo.com](mailto:press@repodo.com) - Phone: [+45 70 90 70 88](tel:+4570907088)