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The Venture Codex

Labrador CMS

Tordenskiolds gate 2, Oslo, 0160, Norway

Overview

Founded in 2025 by former BCG consultants Benjamin Bjorvatn Øien and Halvor Reiten, Watchdog offers a ‘plug-and-play’ AI tool that connects to popular ERP and accounting systems such as Tripletex, Fiken, Microsoft and Visma. The software cross-checks every incoming invoice with the customer’s underlying contracts and historic price data, flagging mismatches in real time. Installation reportedly takes between one minute and one hour and does not require changes to a client’s existing IT stack. In pilots with 15 customers—including Baker Brun, ScaleAQ and David-Andersen—the system has already uncovered more than NOK 4 million in erroneous charges, with single discrepancies reaching hundreds of thousands of kroner. The founders position the product as highly scalable and plan to expand internationally later this year. Newly raised capital will be directed toward continued product development and commercial rollout.

Total raised
$3M
Funding rounds
2
Latest round
Equity
Latest activity
Jan 2026

Industries

  • CMS
  • Media and Entertainment
  • News
  • Publishing
  • SaaS
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Recent funding

  1. Equity

    Jan 2026

    $1M

  2. Equity

    Sep 2022

    $2M

Team