Pandektes raises €13.5m for Europe and North America expansion

Pandektes secures €13.5m Series A led by Alstin Capital

Copenhagen-based Pandektes has raised €13.5 million in Series A funding, giving the legal research company fresh capital for international growth, EU-Startups reports. Munich investor Alstin Capital led the round, with PROfounders, Scale Capital and existing backers also participating.

Alstin Capital specialises in early-stage investment in business-to-business software. According to EU-Startups, the latest financing follows a €2.9 million seed round announced the previous year.

Pandektes already operates in Denmark, Germany and Switzerland, serving more than 500 organisations across law firms, businesses and public institutions. The company reports that revenue increased sixfold over the past 12 months and that roughly two-thirds of organisations testing its platform go on to pay for it, according to EU-Startups. Those figures provide a commercial starting point for its next expansion phase, although the report does not disclose revenue in absolute terms.

A Copenhagen platform challenges established legal publishers

Casper Laursen and Søren Brokær founded Pandektes in 2022. Its platform brings together legislation, court judgments, administrative decisions and other legal material, linking those external sources with information held by each customer organisation, EU-Startups reports.

Pandektes continuously gathers, organises and updates that material. The company says this gives legal professionals quicker access to dependable research than established services offer; that performance claim is reported by EU-Startups rather than independently established in the source material.

The underlying challenge is not simply finding a document. Legal information is distributed across thousands of sources, and a research service must keep those sources current and make them usable together. EU-Startups describes that complexity as a barrier that has helped local providers secure highly concentrated market positions.

Pandektes is competing with established names including LexisNexis, Westlaw, Beck and Karnov. Its approach puts the organisation of legal information at the centre of that challenge, rather than treating AI as a standalone interface to existing research products.

Alstin points to demand for alternatives

Andreas Schenk, managing partner at Alstin Capital, sees an unusually strong appetite among legal research users to change their main system, according to comments reported by EU-Startups. His investment case is that demand has existed without a practical route to switching, and that a new European legal data infrastructure can remove that obstacle.

Laursen, Pandektes’ co-founder and chief executive, attributes the opportunity to advances in the scale at which legal information can now be collected and interpreted. In comments carried by EU-Startups, he argues that these capabilities have made a credible challenge possible where one was previously considered unachievable.

Laursen also sets a condition for the next generation of legal technology: trustworthy products need data prepared specifically for AI agents and other AI systems. His stated priority is therefore the structure and suitability of the underlying information, not just the research experience presented to a lawyer.

Funding will support new markets, hiring and API access

Pandektes plans to spend the proceeds on expansion across Europe and North America and on growing its team, EU-Startups reports. The stated geographical scope goes beyond its three current markets, but the report names no next launch country, UK entry date or recruitment target.

The company also intends to make its infrastructure available through an application programming interface, or API. That would extend its role beyond selling a research platform: other organisations building legal technology would be able to use Pandektes as a supplier of structured legal data.

Its stated cross-border aim is to make legal research more consistent and accessible between jurisdictions. For businesses expanding in Europe, the potential consequence is a more connected way to research legal requirements across markets. For legal technology developers, API access would offer a separate route to using the infrastructure without adopting Pandektes’ research platform itself. Both opportunities depend on the coverage and access the company delivers as it expands.