InScope Raises $4.3M in Seed Funding to Automate Financial Reporting with AI
InScope is pioneering the application of AI in the fintech sector, focusing on enhancing the accuracy and efficiency of financial operations.
Company Name: InScope
Location: San Francisco, CA
Sector: Fintech, Artificial Intelligence
Funding Details: Raised $4.3m in seed funding. The round was led by Lightspeed Venture Partners, with participation from Vipul Ved Prakash, Jake Heller, Debbie Clifford, Justin Coulombe, and Nadia Asoyan.
Purpose of Investment: To expand operations and enhance development efforts.
Leadership: Led by CEO Mary Antony and COO Kelsey Gootnick.
Product: InScope utilizes Generative AI and Large Language Models (LLMs) to streamline and automate financial reporting and auditing processes for mid-sized and large companies. This innovative approach allows firms to manage their financial data more efficiently and with greater accuracy.
About Company: InScope is pioneering the application of AI in the fintech sector, focusing on enhancing the accuracy and efficiency of financial operations. With companies like Pacvue and Curri already utilizing the platform, InScope is proving its value in transforming financial reporting tasks, reducing the burden on financial teams, and enabling more strategic use of financial insights.