InScope Nabs $14.5M To Solve The Pain Of Financial Reporting

Financial Reporting Breakthrough: InScope Secures $14.5M

Financial reporting doesn't have to mean endless spreadsheets and manual errors. InScope, an AI-powered platform built by former finance leaders, just raised $14.5 million in Series A funding to automate the tedious work behind financial statements. The investment signals growing confidence that artificial intelligence can finally solve one of accounting's most persistent pain points—and it's arriving just as finance teams face mounting pressure to deliver faster, more accurate results.

Credit: InScope

The Hidden Cost of Manual Financial Reporting

Preparing financial statements often feels like assembling a puzzle with missing pieces. Teams juggle spreadsheets, Word documents, and email threads, leaving room for human error and wasted hours. Even experienced accountants report spending more time formatting reports than analyzing the numbers that drive business decisions.
This manual patchwork isn't just frustrating—it introduces real risk when deadlines loom and accuracy is non-negotiable. For companies scaling quickly, these inefficiencies can slow down strategic planning and erode trust in financial data. The status quo simply wasn't built for the speed and complexity of modern business.
Finance leaders increasingly describe the reporting process as a "frankenstein" workflow. Data lives in multiple systems. Adjustments happen in isolated files. Final reviews rely on version-controlled emails that multiply confusion. When every quarter ends with a scramble, burnout follows. That cycle is exactly what next-generation tools aim to break.

How InScope's AI Platform Changes the Game

InScope tackles this chaos by bringing automation and intelligence directly into the financial reporting workflow. The platform uses artificial intelligence to pull data from multiple sources, apply accounting rules consistently, and generate draft statements ready for review. Instead of copying and pasting between tools, finance professionals can focus on judgment calls and strategic insights.
The system learns from each reporting cycle, getting smarter about a company's specific structure and requirements over time. It flags inconsistencies, suggests disclosures, and maintains a clear audit trail without manual logging. Early users report cutting preparation time significantly while improving accuracy and audit readiness.
What sets this approach apart is its focus on the human element. The AI doesn't replace accountants—it amplifies their expertise. By handling repetitive formatting and data aggregation, the platform frees teams to investigate variances, refine narratives, and advise leadership. This isn't just a faster tool—it's a fundamentally different approach to how financial stories get told.

From Finance Frustration to Founding Mission

The idea for InScope wasn't born in a lab—it came from real-world exhaustion. Co-founders Mary Antony and Kelsey Gootnick met while leading finance operations at a high-growth tech company, where they faced the same manual reporting hurdles week after week. Even after moving to different organizations, they kept encountering the same broken processes: data trapped in silos, version control nightmares, and last-minute fire drills.
Their shared frustration became a shared mission: build a platform that actually understands how finance teams work. With technical co-founder Jared Tibshraeny, they designed InScope to eliminate the busywork so accountants can do their best, highest-value work. The trio combined deep accounting experience with engineering rigor to create a solution grounded in real pain points.
This founder-market fit resonates with users. When the people building the tool have lived the problem, the features tend to solve actual workflow gaps—not hypothetical ones. InScope's early design choices reflect that empathy: intuitive collaboration, transparent change tracking, and flexible templates that adapt to different reporting frameworks.

What the $14.5M Series A Means for Growth

This fresh funding accelerates InScope's plan to bring intelligent automation to more finance teams. The capital will support product development, expand the engineering team, and help onboard customers across industries. It also validates a broader shift: investors see massive opportunity in applying AI to back-office finance functions that have been overlooked for too long.
For InScope, the goal isn't just to grow—it's to redefine what's possible in financial reporting. With enterprise clients increasingly demanding real-time insights, the timing could hardly be better for a solution that delivers both speed and confidence. The funding round also enables deeper integrations with existing enterprise systems, reducing implementation friction.
Scaling thoughtfully matters as much as scaling quickly. The team plans to prioritize customer success and product reliability alongside new feature development. That balance helps ensure early adopters become long-term advocates—a critical factor in enterprise software adoption. Growth fueled by genuine value creation tends to last.

Why Investors Are Betting on Automated Financial Reporting

Venture backers see a perfect storm driving demand for smarter reporting tools. Regulatory complexity is rising, business models are evolving faster, and finance teams are expected to be strategic partners—not just number-crunchers. AI offers a path to handle the volume and velocity of modern data while maintaining the rigor accounting requires.
InScope's founder-led approach, deep domain expertise, and early traction made it a compelling bet in a crowded fintech landscape. The firm's focus on usability and integration, not just automation for automation's sake, addresses a key reason why previous tools failed to gain widespread adoption. Investors aren't just funding a product—they're backing a vision for modern finance operations.
Market timing strengthens the case. As more companies adopt cloud infrastructure and data pipelines mature, the foundation for intelligent automation is finally in place. InScope sits at the intersection of these trends, offering a solution that feels both timely and inevitable. That alignment is what turns promising startups into category leaders.

What's Next for InScope and Finance Teams

Looking ahead, InScope plans to deepen its AI capabilities and expand support for more complex reporting scenarios. The team is also exploring features that help finance teams collaborate more effectively with auditors and executives. For users, that means less time wrestling with formats and more time answering the "so what?" behind the numbers.
As the platform evolves, the vision is clear: make financial reporting a source of insight, not anxiety. For any professional who's ever stayed late to reconcile a footnote, that future can't come soon enough. The $14.5M raise isn't just fuel for growth—it's a vote of confidence that the future of finance is intelligent, automated, and human-centered.
The broader implication extends beyond one startup. If financial reporting becomes faster, more accurate, and less tedious, finance teams can shift from backward-looking compliance to forward-looking strategy. That transformation doesn't just help accountants—it empowers entire organizations to make better decisions, faster. And in today's volatile business environment, that edge matters more than ever.