automated

Enterprise, Fintech, Venture

“Automated Financial Reporting Fintech InScope Secures $4.3M Seed Round Led by VC Sheel Mohnot”

Kelsey Gootnick And Mary Antony Cowan 7105

The financial reporting and auditing process is not often on the list of sexy topics that technology startups want to go after. After years of performing reporting and auditing work for companies like Miro, Autodesk, Dropbox, Flexport and Yelp, Mary Antony and Kelsey Gootnick decided reporting and auditing needed some technology love, too. So they started San Francisco-based InScope in 2023, leveraging machine learning and large language models to provide financial reporting and auditing processes for mid-market and enterprises. We make it possible for our customers to have effortless, but accurate and reliable financial statements every time.”InScope’s financial report drafting tool. So much so that they could be customers, Gootnick said.

Max Chen
June 12, 2024

Apps, Enterprise, Startups

Nuro, a cutting-edge autonomous delivery startup, partners with Foretellix simulation company to optimize R&D expenses.

Autonomous delivery startup Nuro has struck a deal with safety-focused software company Foretellix to help with virtual testing of its automated driving system, in a bid to cut R&D costs while still pushing the technology forward. The partnership, which the companies are set to announce later Thursday, comes in the wake of a tumultuous stretch for Nuro. Many companies developing automated vehicles have their own simulation software; Foretellix specializes in generating millions of scenarios to test autonomous software, lowering the burden on the in-house teams. Foretellix’s software is able to “automatically analyze” driving logs from Nuro test vehicles and re-run those drives in simulation many times over. This allows Nuro’s automated system to encounter many different versions of a drive without the hardship – and most importantly, time – required to run all those variations in the real world.

Ava Patel
January 4, 2024

Enterprise, Startups

Spiff: The New Addition to Salesforce’s Portfolio of Automated Commission Management Solutions

Salesforce has announced plans to acquire Spiff, a platform that automates commission management for sales teams. The deal also constitutes the latest in a line of ecosystem companies that Salesforce has eventually brought in-house. Back in September Salesforce acquired Airkit, a low-code platform for building AI customer service agents. And similar to Spiff, Airkit was also available on AppExchange. So it’s clear that Salesforce continues to see tried-and-tested ecosystem companies as a safe bet for its M&A endeavors, with “low-code” playing a key factor too.