Skip to main content

Inscope

Category: AI in Fintech

An AI-powered financial reporting platform that automates GAAP-compliant financial statement preparation, review, and delivery for mid-market enterprises and accounting firms. Inscope was founded in 2023. The company is led by Mary Antony. Based in San Francisco, United States. Team size: 11-50. Total funding raised: $18.8M. Latest round: Series A ($14.5M, Feb 2026). Key investors include Norwest Venture Partners, Lightspeed Venture Partners, Storm Ventures, Better Tomorrow Ventures.

AMW Analysis

Inscope is an AI platform that automates GAAP-compliant financial statement preparation, review, and delivery for mid-market enterprises and accounting firms. Its technology claims to automate over 60% of preparation work, cut preparation cycles by 60%, and reduce document review time by 70%, replacing manual, Word-based processes.

The company’s recent news flow centers on a $14.5M Series A in February 2026, bringing total funding to $18.8M. The round was accompanied by reported 30x ARR growth and 5x customer expansion over the prior 12 months. The platform serves both enterprises and auditors on shared infrastructure, and the news notes that Top 100 accounting firms are already customers. The coverage frames Inscope as part of a broader shift: 87% of CFOs now prioritize generative AI for financial reporting, and the financial close software market is estimated at $5.8B with a 12% CAGR. The company’s direction appears to be capitalizing on accountant shortages and the push to eliminate routine processing, positioning itself as an AI disruptor in a space dominated by incumbent players like BlackLine.

AMW analysis, generated from 3 tracked news signals.

Founded
2023
Headquarters
San Francisco, United States
Team size
11-50
Total funding
$18.8M

Value proposition

Automates over 60% of financial statement preparation and review work, achieving 60% faster time to first draft and 70% less time spent reviewing documents, while maintaining audit-ready compliance and eliminating manual Word-based processes.

Products and solutions

Disclosure Assistant (AI-suggested required disclosures), Review Assistant (footing, cross-footing, and consistency checks), Penny (AI Proofing Agent for financial statements), Automated Cash Flow Statements, Auto-Roll Forward (prior-year financials and disclosures), Smart Formatting (SEC-ready, audit-compliant tables), External Consistency Checks (flags language inconsistencies), Audit Trail and Version Control (blacklines and milestones)

Unique value

Founded by CPAs who experienced financial reporting pain points firsthand at Flexport, Miro, Hopin, and Thrive Global; AI-native platform that understands the structural logic of financial statements—how tables roll forward, how disclosures connect, and where inconsistencies hide—while preserving full auditability.

Target customer

Mid-market and enterprise accounting teams, Top 100 accounting firms (including CohnReznick), and professional services firms handling financial reporting and audits.

Industries served

Financial Reporting & Accounting, Audit & Assurance, Enterprise Finance, Professional Services

Technology advantage

Combines generative AI and large language models with real-time ERP/Excel data synchronization, embedding intelligence directly into the workflow to automate drafting, formatting, footing checks, and review—replacing error-prone manual processes with linked, traceable financial statements.

How they differentiate

AI-native platform purpose-built for private companies and mid-market enterprises, automating over 60% of financial statement preparation work with 60% faster time to first draft and 70% less review time. Unlike legacy platforms designed primarily for public company SEC reporting, Inscope targets the underserved private company and mid-market segment with modern AI-first architecture that maintains full audit trails and GAAP compliance.

Main competitors

Workiva, Donnelley Financial Solutions (DFIN), Toppan Merrill

Key partnerships

CohnReznick (Top 15 national accounting firm), Inflo (strategic technology partnership, April 2026), Norwest Venture Partners (Series A lead investor), Lightspeed Venture Partners (Seed lead investor), Storm Ventures (investor), Better Tomorrow Ventures (investor), Enterprise customers including Chronosphere, Vouch Insurance, Stord, Intermedia, Copado

Notable customers

CohnReznick (Top 15 national accounting firm), Chronosphere, Pacvue, Curri, Stord, Intermedia, Copado, Vouch Insurance

Major milestones

Participated in The Mint accelerator program by Better Tomorrow Ventures (August 2023), Seed round led by Lightspeed Venture Partners (June 2024), 5x customer growth and 30x+ ARR growth in 12 months, Series A led by Norwest Venture Partners (February 2026), Strategic partnership with Inflo for unified AI-enabled Digital Audit and financial reporting (April 2026), Launched Penny, the AI Proofing Agent for financial statements (May 2026), Successfully helped Chronosphere issue audit a full month ahead of schedule, Built platform serving Top 100 accounting firms

Growth metrics

5x customer growth and 30x+ ARR growth over the past 12 months (as of Feb 2026)

Market positioning

AI-powered financial reporting automation platform targeting mid-market enterprises and Top 100 accounting firms. Positioned as a modern alternative to legacy financial reporting software, focusing on private companies and accounting firms rather than public company SEC filings.

Geographic focus

United States (San Francisco headquarters), primarily North American market with potential expansion to Asia-Pacific and Europe

Patents and IP

No registered patents publicly disclosed as of latest update

About Mary Antony

CPA with 15+ years of combined domain experience leading accounting and finance teams at high-growth technology companies including Miro (Senior Director of Accounting), Flexport (Assistant Controller), Yelp, Autodesk, and Dropbox. Guided organizations through over 25 audits. Participated in The Mint accelerator program (August 2023 cohort). Co-founded Inscope in 2023 to solve pain points experienced firsthand in manual financial reporting processes.

Latest news about Inscope

More AI in Fintech companies

Official website: