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InScope Raises $14.5M to Automate Financial Reporting
The startup founded by former accountants aims to streamline the tedious process of preparing financial statements.
Published on Mar. 2, 2026
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InScope, a startup founded by former accountants Mary Antony and Kelsey Gootnick, has raised $14.5 million in Series A funding to develop an AI-powered financial reporting platform. The platform aims to automate many of the manual tasks involved in preparing financial statements, such as verifying math and formatting, which can save accountants up to 20% of their time.
Why it matters
The financial reporting process is notoriously complex and time-consuming, with accountants often relying on a patchwork of spreadsheets and documents. InScope's platform seeks to address this pain point by leveraging AI to streamline the process, potentially making it more efficient for companies and accounting firms.
The details
Antony and Gootnick, who previously worked at companies like Flexport, Miro, Hopin, and Thrive Global, launched InScope in 2023 after repeatedly encountering the same manual challenges in financial reporting. The startup's platform automates various aspects of the process, from verifying math to formatting financial statements. While InScope isn't yet fully automating the generation of income statements and balance sheets, the company says its tools can save accountants up to 20% of their time.
- InScope was founded in 2023.
- The startup raised $14.5 million in Series A funding in February 2026.
The players
InScope
An AI-powered financial reporting platform founded by former accountants to automate the tedious process of preparing financial statements.
Mary Antony
Co-founder and CEO of InScope, who previously worked as an assistant controller at Flexport and Miro.
Kelsey Gootnick
Co-founder of InScope, who previously served as the controller at Flexport, Hopin, and Thrive Global.
Norwest
The venture capital firm that led InScope's $14.5 million Series A funding round.
CohnReznick
A top 15 nationally ranked accounting firm that is a customer of InScope's platform.
What they’re saying
“The way financial statements come together, it's just patched together in a lot of spreadsheets, moved into a bunch of Word documents, emailed back and forth between people.”
— Mary Antony, Co-founder and CEO, InScope (TechCrunch)
“It's a very complex space, and you need to be able to have been in the shoes of the buyer before.”
— Sean Jacobsohn, Partner, Norwest (TechCrunch)
What’s next
InScope plans to continue expanding its customer base and further developing its AI-powered financial reporting platform to automate more aspects of the statement preparation process.
The takeaway
InScope's platform addresses a longstanding pain point for accountants and finance teams, leveraging AI to streamline the tedious and complex process of financial reporting. As the startup continues to grow, it could help make this critical business function more efficient for companies and accounting firms.
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