Midship, a San Francisco, CA–based AI-native platform automating Sarbanes-Oxley (SOX) testing and internal audit workflows, has secured $4.15 million in Seed funding.
Investors
The round was led by Costanoa Ventures, with participation from Seguin Ventures and additional angel investors.
Founded in 2012, Costanoa Ventures is an early-stage venture capital firm that leads investments from formation through Series A across applied AI, AI infrastructure, cybersecurity, national security, and fintech. Headquartered in Palo Alto and San Francisco, California, Costanoa Ventures manages $2.3 billion in assets.
Midship Use of Funds
The company will use the funds to scale the team and accelerate adoption among public companies facing increasing SOX compliance complexity and rising costs.
About Midship
Founded by Kieran Taylor, Aahel Iyer, and Max Maio, Midship is an AI-native platform that automates the end-to-end Sarbanes-Oxley (SOX) testing lifecycle for public companies. Its agentic AI follows audit plans, performs control testing, evaluates enterprise evidence, and generates fully documented work papers. Headquartered in San Francisco, California, Midship serves public companies, including social media platforms, and prominent fintechs.
Funding Details
Company: Midship, Inc.
Raised: $4.15M
Round: Seed
Funding Date: January 2026
Lead Investor: Costanoa Ventures
Additional Investors: Seguin Ventures and angel investors
Company Website: https://midship.ai/
Software Category: Audit & Compliance AI / SOX Automation
Source: https://www.prnewswire.com/news-releases/midship-raises-4-15m-to-automate-sox-testing-with-agentic-ai-302670608.html