Midship is Transforming Internal Audit with AI

Midship, the company on a mission to augment audit professionals with AI, led by Kieran Taylor, Aahel Iyer, and Max Maio, has secured $4.15 million in seed funding led by Costanoa Ventures, with participation from Seguin Ventures and Y Combinator.

SOX compliance is mandatory for public companies, yet testing remains largely manual. Audit teams spend months gathering evidence, testing controls, and assembling documentation, pulling high-impact teams away from core work and costing companies millions.

AI agents now automate the full SOX testing lifecycle, from evidence collection to control testing and audit-ready workpapers, while keeping human auditors in the loop.

The funding will be used to advance the leading control testing platform, expand automation across time-intensive audit workflows, and establish the default AI infrastructure for internal audit teams.

As more organizations run SOX processes through Midship, the platform will surface benchmarks and best practices, shifting audit from reactive compliance to proactive risk management.