Danish AI startup Sumary raises DKK 170 million

Danish AI startup Sumary has raised 25 million dollars, about DKK 170 million, in a new investment round. The money came from a broad group of new and existing investors, and the round was reported on 10 November 2026.

Sumary has built an AI tool for bookkeeping and auditing. The report describes investors as flocking to the young Danish company. The company was founded by five people: Bastian Schenider, Lucas Rantzau, Frederik Skov, Pascar Sivam and Frederik Nørgaard Hvilshøj.

The available text gives no further detail on the round. It does not say who led it, what valuation the company was given, how the money will be used, or how many customers Sumary has.

The round matters as a sign of strong investor appetite for Danish AI companies that target finance and accounting work. Bookkeeping and auditing are routine, document-heavy tasks, and Sumary is positioned to automate them. A raise of this size for a young Nordic startup points to continued venture interest in applied AI for business functions.