Spektr Raises $20M Series A

Spektr, a Copenhagen-based company specializing in AI infrastructure for financial compliance, has successfully raised $20 million in Series A funding. The round was led by New Enterprise Associates, with continued participation from existing investors Northzone, Seedcamp, and PSV Technologies. This capital injection will be used to expand Spektr's AI platform and accelerate its adoption across financial institutions globally. Spektr's platform utilizes specialized AI agents to automate manual Know Your Customer (KYC) and Know Your Business (KYB) compliance tasks, such as reviewing documents, mapping ownership structures, and generating risk assessments, which traditionally consume significant analyst time. This automation aims to streamline compliance operations, allowing financial teams to focus on decision-making rather than data gathering. Several financial institutions and enterprises, including Pleo, Banco Santander, Mercuryo, Phantom, and United States — Montana, are already using Spektr's platform.