Pre Seed · Fintech · Oslo, Norway · Founded 2025 · 2–10 employees
Watchdog is an Oslo-based AI startup founded in 2025 by former BCG consultants Benjamin Bjorvatn Øien and Halvor Reiten, focused on automated invoice control for finance teams. Their AI-powered tool automatically checks incoming invoices against contract terms and historical pricing, flagging discrepancies without requiring changes to existing accounting systems. In early 2026, the company raised $600K (approx. €577K) backed by venture studio Askeladden & Co, former Celsia CEO Petter Reistad, and angel investors from OpenAI, Encube, and Riff. Across 15 pilot clients — including Baker Brun, ScaleAQ, and David Andersen — Watchdog has already uncovered over $400K in invoicing errors, demonstrating strong early traction. The company plans to use the fresh capital to accelerate product development and expand internationally in 2026.
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