Founded in 2025 in Norway by former BCG consultants Benjamin Bjorvatn Øien and Halvor Reiten, Watchdog offers a plug-and-play AI solution that connects to existing accounting and ERP systems to scrutinize every incoming invoice. The software cross-checks invoices with contractual terms and historical price data, surfacing discrepancies without requiring changes to a customer’s IT stack. Early pilots with 15 clients—including Baker Brun, ScaleAQ, and David Andersen—have already uncovered more than USD 400,000 in erroneous charges, demonstrating meaningful savings potential. Implementation can take as little as one minute, highlighting the product’s ease of adoption. The company targets finance teams across sectors such as retail, food production, and aquaculture. Fresh capital will fuel accelerated product development, expanded sales efforts, and preparations for international expansion slated for 2026. No revenue figures have been disclosed, but management emphasizes a highly scalable SaaS model now focused on growth.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2026