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Sumary targets Europe’s accounting overhaul with AI-powered, automation-first software.
Company description
Sumary is a Copenhagen-based fintech startup building an AI-native accounting platform for European SMBs. Its software automates core financial workflows such as bookkeeping, reconciliations, and VAT filings by integrating with existing accounting systems and using AI to handle tasks that are traditionally manual. By starting as an intelligent layer on top of current ledgers and gradually expanding into a full financial operating system, Sumary aims to make accounting largely automated and real-time for businesses across Europe.
Why we invested
“Yes, it’s a crowded space, but the upside is enormous. We’re watching a €5 billion category expand toward €50 billion, and I genuinely believe Pascar and Lucas have what it takes to capture it. Winning here comes down to ruthless execution, smart distribution, and sharp product decisions. They move fast, think clearly, and execute with strategic precision. In a market that rewards speed and conviction, they’re exactly the kind of founders who can build one of the category-defining companies in Europe” — Casper Bjarnason, byFounders
Founders
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Work for
Sumary
VERTICAL
Country
Denmark
Collective contributions
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