'Largest seed round in the Nordics ever': Danish startup raises triple-digit million sum

Danish startup Sumary has raised $25 million, about 166 million kroner, in a seed investment round. The company uses artificial intelligence for bookkeeping and accounting, and the round comes only 19 months after it properly launched its concept.

The article quotes the claim that this is the largest seed round in the Nordics ever. The company was founded by five co-founders: Bastian Schenider, Lucas Rantzau, Frederik Skov, Pascar Sivam and Frederik Nørgaard Hvilshøj.

The money is meant to get the product out to even more customers.

The round matters because of its size and speed. A seed round is normally the earliest stage of outside funding, and a sum of this scale at that stage, reached within under two years of launch, points to strong investor appetite for AI tools in accounting. It also puts a Danish company at the front of Nordic early-stage AI funding. The report was published by Finans on 10 November 2026 and written by Mathias Blædel Lorenzen.