Benford has raised NOK 60 million to build a technology-driven auditing firm that challenges established auditing houses. This substantial funding indicates a strong commitment to leveraging advanced technology in auditing processes.
With this funding, Benford plans to utilize AI and a Norwegian auditing license to differentiate itself from traditional auditing firms. Founders Mads Bogen Øye, Thibault Mallion, and Andreas Rystad intend to take their business model across Europe.
The effective use of these funds will enable Benford to further develop its technology platform and expand its presence, setting the stage to compete directly with established players in the European market.