Regtech spektr Aims to Turn Due Diligence into Revenue-Generating Asset for Compliance

spektr is officially exiting stealth mode and ready to turn ongoing due diligence into a revenue-generating asset for compliance.

spektr says that their journey is being “supported by a €5 million seed round led by Northzone, Seedcamp, and PreSeed Ventures, enabling them to introduce advanced automation to compliance teams worldwide.”

spektr was founded by a team “who previously developed an entire no-code platform, HelloFlow, for securely onboarding customers globally.”

Following their acquisition by Trulioo, the global identity verification, they claim to have taken a step back in order “to understand the true needs of the industry.”

After talking with over 400 compliance and risk experts and drawing from our experience in client onboarding, it’s clear “that companies struggle with ongoing monitoring and risk management after initial setup of digital onboarding processes, largely due to a lack of automation.”

Many services still depend heavily “on manual monitoring and alert resolution, which can be resource-intensive.”

Thanks to the early trust and support of our investors, their vision “to address ongoing due diligence challenges and drive revenue through automation-led compliance measures has become a reality.”

The principal at Northzone, Maxine Rior said:

“We are incredibly excited to partner with spektr. They are an exceptional team with a very clear product vision, and we believe they will be able to leverage their experience from HelloFlow to build spektr into a category-defining company within the compliance space.”

Joining Northzone are PreSeed Ventures and Seedcamp, both backers of our initial venture at HelloFlow. Alexander Viterbo-Horten, General Partner in PSV Tech01, one of the funds in venture house PreSeed Ventures, says:

“Their execution power and strategic understanding of the financial compliance market are profoundly impressive. This makes spektr one of the best bets on a future unicorn out of Denmark. It’s a true testament to that, that we’re several investors from the first journey who decided to invest again.”

Tom Wilson, partner at Seedcamp shared the same beliefs in the team and product:

“We’re delighted to have the opportunity to back Mikkel and Ciprian as they go again with spektr. The HelloFlow journey gave us a taste of the market-leading products they can build, and we’re excited to see where they can take spektr, building on that experience.”

In response to the rapid growth and escalating costs in the compliance sector, spektr presents a no-code solution “that automates risk processes, sets up monitoring, resolves alerts instantly, and integrates easily with vendors.”

By automating 90% of risk and monitoring tasks they aim to “boost operational efficiency and drive higher conversion rates for your business.”

But there’s more to spektr than automation. Gain access “to advanced analytics and reporting features, enabling you to make informed decisions and optimize your compliance strategies for commercial success.”


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