Inscope, an AI, driven financial reporting platform for accounting firms and enterprise finance teams, has just revealed a Series A funding of $14. 5 million to advance its technology and speed up the wide usage of the complex reporting workflows.
The financing round was led by Norwest, and Storm Ventures also joined together with the existing investors Better Tomorrow Ventures and Lightspeed Venture Partners, as well as strategic operators in finance and enterprise software.
Inscope’s platform replaces time-intensive manual processes, helping firms automate preparation, review and delivery of audit-ready financial statements while improving accuracy and reducing audit risk. Over the past year, the company achieved more than 5× growth in its customer base and reported 30× growth in annual recurring revenue (ARR), driven by accelerating demand from top accounting and finance teams dealing with high-volume reporting challenges.
Historically, financial statement preparation has remained largely manual, with reliance on disconnected spreadsheets, static documents and email-centric review cycles that increase the risk of inconsistency, version confusion and rework. Inscope addresses these pain points by embedding intelligence directly into reporting workflows, enabling collaborative drafting, roll-forward automation, review and validation with fully auditable change controls and trails.
“Accurate and transparent financial reporting is what allows U.S. capital markets to function,” said Mary Antony, Co-Founder and CEO of Inscope. “But with increasing regulatory scrutiny and a shortage of accounting talent, relying on manual, fragmented workflows puts that trust at risk. Inscope provides the infrastructure teams need to produce high-quality, auditable financial statements at scale.”
“Financial reporting breaks down when systems aren’t designed for collaboration and change,” said Kelsey Gootnick, Co-Founder and COO of Inscope. “Inscope replaces brittle, manual handoffs with a system that supports real-world review cycles and last-minute changes without breaking.”
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Inscope’s shared reporting infrastructure supports both enterprises preparing financial statements and the firms that audit them. Users report up to 60% faster preparation cycles, improved consistency and fewer late-stage review iterations, resulting in higher quality outputs and reduced risk of misstatements.
“As an accounting advisory partner, consistency and trust are everything,” said Aric Johnstone, Partner at Williams Marston. “Inscope enables our teams to deliver higher-quality financial statements for our clients faster, with less rework during review.”
Inscope strengthened its technical leadership in recent months with the addition of Jared Tibshraeny as Co-Founder and CTO, and its AI engineering efforts are led by Ankit Arya, focusing on systems that understand the structural logic and interconnected nature of financial documents.
“Most AI tools in finance operate at the surface level,” said Arya. “We’re building systems that understand how financial statements actually work – how tables roll forward, how disclosures connect, and where inconsistencies hide – while preserving auditability end to end.”
With the new funding, Inscope plans to continue investing in both its engineering and go-to-market teams, while expanding functionality to support increasingly complex reporting requirements across large organizations.
“Inscope is tackling a problem every CFO and accounting partner recognizes,” said Sean Jacobsohn, Partner at Norwest. “They’ve built AI that finance professionals trust – which is rare, and hard to earn.”
This Series A brings Inscope’s total funding to $18.8 million to date, including a prior $4.3 million seed round led by Lightspeed Venture Partners in 2023.