London-based audit technology company Benford has raised €5 million in a pre-seed round to build a technology-driven financial audit firm, with the round led by firstminute capital and backed by Global Founders Capital and Sondo, as Vestbee was informed.
- Founded in 2026 by Mads Bogen Øye, Thibault Mallion, and Andreas Rystad, Benford is building a tech-native audit firm that runs statutory audits end to end. The founders are alumni of Palantir, Goldman Sachs, and One Peak.
- Benford operates as a registered audit firm in Norway and has developed AuditOS, a proprietary platform that connects to companies’ ERP systems, subledgers, invoices, banks, and other operational systems to collect and organize audit evidence.
- The platform is designed to automate routine audit work while leaving key decisions and the signing of audit opinions to qualified auditors.
Details of the deal
- The funding also attracted investments from Peter ter Maaten, founder of HSO; Arthur Waller and Quentin de Metz, co-founders of Pennylane; Alexandre Prot, co-founder and CEO of Qonto; and the Spandow family, founders of Amesto.
- The fresh capital will be used to expand Benford’s London and Oslo teams, enter Sweden and other European markets, and further develop its AuditOS platform. The company currently employs 20 people and is hiring across audit and engineering.
