Rye AI Due Diligence
Run due diligence on Rye AI: check compliance and get alerts when suppliers or ownership change.
Denmark · owned by Independent (Denmark) · rye-ai.com · 8 vendors
Rye AI is a Copenhagen-based AI studio that builds practical software and trains custom AI models using open-source technology. The company offers AI consultancy and software development services, including natural language processing (NLP) for Danish, machine learning, text-to-speech, speech-to-text, and penetration testing. They focus on helping companies solve real-world problems with open-source AI tools.
Resilience scores
- Digital Sovereignty: 13
- Digital Resilience: 4
- Financial Resilience: 4
Technology vendors
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- and 7 more
Insights
Last updated 2026-11-04 · revision 2
8 direct vendors, 117 subvendors
Direct vendors by controlling owner country (sample)
- United States: 6
- Netherlands: 1
- United Kingdom: 1
Subvendors by controlling owner country (sample)
- Ireland: 1
- United Kingdom: 1
- Czech Republic: 1
Compliance
9 in-scope frameworks identified; showing 3.
ISAE 3000 (source) — No public evidence
An ISAE 3000 attestation could be sought by Rye AI to provide assurance over non-financial information, such as the effectiveness of its AI governance controls or sustainability reporting, which are becoming increasingly important for stakeholders.
Digital Services Act — No public evidence
As a provider of online services within the EU, including a community idea board where users can publicly post content, Rye AI likely falls under the scope of the Digital Services Act as an intermediary service.
NIS2 (source) — No public evidence
Applicability is uncertain without information on company size (employee count, turnover). If Rye AI is a medium or large entity, it could be in scope as a provider of digital services or ICT service management, which are covered sectors.
Financials
Three-year financials
- 2025: gross profit DKK 719K, EBIT DKK 45.2K, equity DKK 75.1K
Financial Resilience Score: 4/10
Rye AI is a micro-scale Danish AI startup that has only completed its inaugural fiscal year (8 January 2025 – 31 December 2025). The company achieved the notable feat of being profitable from year one, delivering a small positive EBIT of DKK 45.2K and net profit of DKK 35.1K, which is unusual for an early-stage AI company. Equity of DKK 75.1K is fully funded by retained earnings with no accumulated losses, and the lean cost base (3 average employees) provides operational flexibility. However, the financial resilience is fundamentally constrained by scale. Equity of DKK 75.1K provides virtually no buffer against adverse events such as a lost client, a bad quarter, or working capital shocks. Revenue is not disclosed (permitted under Danish B-micro reporting), making it impossible to assess client concentration, but with a handful of staff it is highly likely that 1-2 clients drive most income. The business model combines project-based consultancy (inherently lumpy) with open-source model releases that monetize indirectly, creating cash conversion risk. Additional concerns include a headcount contraction from 3 average employees in FY2025 to 1 currently registered in CVR, which cannot yet be interpreted without further filings. On balance, the company is solvent and profitable but lacks any meaningful financial cushion, warranting a below-average resilience score.
Key strengths: Profitable from inaugural fiscal year with positive EBIT of DKK 45.2K, Positive equity of DKK 75.1K fully funded by retained earnings, Lean cost structure with only 3 average employees, Defensible niche in Danish-language speech technology, underserved by global big-tech, Strong open-source community visibility (Open Danish ASR Leaderboard, Hugging Face presence) generating low-cost inbound deal flow
Risk factors: Micro-scale equity base (DKK 75.1K) offers no buffer against adverse events, Headcount contraction from 3 to 1 employee signals potential instability, Undisclosed revenue prevents assessment of client concentration risk, Project-based consultancy revenue is inherently lumpy and non-recurring, Open-source business model creates tension between brand-building and direct monetization, Likely high customer concentration given small team size, No track record - only one fiscal year filed, no YoY comparisons possible
Revenue by geography
- Denmark: 100%
Revenue by product/service
- AI software development & consultancy: 0%
- Security / penetration-testing services: 0%
- Custom AI model training (Danish NLP, ASR, TTS): 0%
Workforce by country
- Denmark: 1
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