Funding

[Funding News] CA-based InScope Secures $4.3Million in Seed Funding

Jun 14, 2024 | By Startuprise io

InScope, a AI powered fintech startup, secures $4.3million in seed funding. Lightspeed Venture Partners led the round, with participation from Nadia Asoyan, Debbie Clifford, Justin Coulombe, Vipul Ved Prakash, and Jake Heller.

The money will be used by the business to grow both its operations and growth initiatives.
Under the direction of COO Kelsey Gootnick and CEO Mary Antony, it uses large language models (LLMs) and generative artificial intelligence (AI) to automate financial reporting and audits for large and mid-sized businesses.

About InScope

InScope, a San Francisco-based company, will deliver financial reporting and auditing services for mid-market and enterprise businesses in 2023 by utilising machine learning and massive language models. Early in 2024, they put the business into beta testing with Oracle NetSuite users.