Inscope, an AI-driven financial reporting solution developed for accounting practices and corporate finance teams, has completed a Series A funding round of $14.5 million led by Norwest Venture Partners, with contributions from Storm Ventures, Better Tomorrow Ventures, and Lightspeed Venture Partners. This round of funding will help Inscope continue to innovate and build out its engineering and marketing teams, as well as improve its platform offerings.
In the last 12 months, Inscope has expanded its customer base by more than five times and its annual recurring revenue by more than 30 times, largely due to its adoption by leading accounting firms and finance teams dealing with high-volume, audit-ready reporting. Inscope’s AI-native platform is designed to infuse intelligence into the financial reporting process to assist teams in drafting, rolling forward, reviewing, validating, and distributing financial statements with full audit trails and change control, thereby reducing manual effort, version confusion, and audit risks associated with traditional financial reporting processes involving disconnected spreadsheets and static documents.
“Accurate and transparent financial reporting is what allows U.S. capital markets to function. 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,” Inscope Co-Founder and CEO Mary Antony.
Also Read: Customer Churn in 2026: Why It Happens and How Revenue Leaders Can Reduce It for Sustainable Growth
“Financial reporting breaks down when systems aren’t designed for collaboration and change. Inscope replaces brittle, manual handoffs with a system that supports real-world review cycles and last-minute changes without breaking,” said Inscope Co-Founder and COO Kelsey Gootnick.
Inscope is uniquely designed to serve both sides of the financial reporting cycle, enabling enterprises preparing financial statements and the accounting firms auditing them to work from a shared infrastructure that improves consistency, reduces handoffs, and lowers risk of misstatements. Accounting firms leveraging the platform report up to 60 percent faster preparation cycles, improved consistency, and fewer late-stage review iterations.
This Series A round of funding now brings Inscope’s cumulative capital raised to around $18.8 million, following a seed round of $4.3 million in 2023 led by Lightspeed Venture Partners. Following this round of investment, Inscope aims to strengthen its engineering expertise, enhance support for complex reporting needs in large enterprises, and further develop its AI technology in its finance platform, which targets one of the most labor-intensive and risk-filled processes in finance.
