AI-Powered Compliance Startup Codara secures Traction, Eyes German Expansion
VIENNA – Codara, an Austrian legal tech startup, is gaining momentum with its AI-driven software designed to automate legal change detection and streamline corporate compliance. Founded after an initial advertising-based platform failed to gain traction, the company now focuses on AI-supported solutions for more efficient and obvious compliance processes.
Codara emerged from a vision to make law more accessible, according to CEO Bernhard Landrichter. ”After the planned financing through advertising failed, the first software orders led to the founding of an self-reliant legal tech startup for compliance monitoring. Today we are developing AI-supported solutions that make compliance processes more efficient, safer and more understandable,” Landrichter said.
The platform utilizes artificial intelligence to automatically identify and analyze legal updates, delivering actionable recommendations to businesses. Codara’s initial product, gesetzeFinden.at, a legal facts platform, proved unsustainable through advertising revenue. The company is now leveraging the experience and network gained from that project to drive adoption of its AI-powered compliance software.
“We are using the experiences we have gained and the contacts we have gained to achieve a breakthrough with the AI-supported compliance software,” Landrichter emphasized. ”The team would not reccommend starting an ad-supported web project.”
A recent live presentation with customer Austrian Power Grid (APG) at the Vienna Legal Innovation event highlighted the software’s capabilities. The demo showcased how legal departments can automate routine tasks, improving efficiency. “It’s particularly nice to see what can be achieved through trusting collaboration and mutual recognition,” said the managing director.
Looking ahead, Codara plans to expand into the German market in 2026 and is currently advancing a research project focused on developing a Legal Large Language Model (LLM).
Contact:
Bernhard Landrichter, CEO
Stubenring 24/13, 1010 Vienna
Bernhard.landrichter@codara.com
https://codara.com/