10clear

What 10clear does

10clear (10clear Inc.) is a privately held, early-stage SaaS company headquartered in New York that sells an AI-powered compliance automation platform targeting financial reporting and audit workflows. The company's stated product, the Compliance Dashboard, automates GAAP, SEC, and IFRS disclosure checklist evaluation by ingesting complex financial statements and evaluating them against 2,700+ codified disclosure rules with claimed deterministic certainty, 100% traceability, and sub-five-minute run-times. The company reports performance metrics of a 98.5% compliance score and 95% evaluation consistency, and positions itself as an alternative to purely probabilistic LLM approaches for audit-grade work.

The platform is built by former SEC, PCAOB, and Big 4 professionals, which 10clear uses as its primary credibility signal and differentiator. Functional capabilities include automated checklist generation, instant audit evidence and workpaper creation, and a real-time compliance dashboard tracking disclosures, compliance scores, and checklist completion across reporting periods. The product is SOC 2 Type II certified, with single-tenant environments available for enterprise partners and a stated policy that customer data is never used to train its models. Distribution is consultative enterprise sales targeting Chief Administrative Officers (CAOs) and accounting firms, with adjacent expansion into family offices and financial institutions needing AI governance and audit oversight support.

The business model is annual subscription SaaS with quote-based pricing and no publicly disclosed tiers, consistent with enterprise procurement norms. The company is pre-scale commercially: it has 1–10 employees, only one disclosed financing event (a $150,000 seed from Entrepreneurs Roundtable Accelerator in June 2024), and no named customer logos or ARR disclosures in the available sources. GTM motion is direct enterprise field sales supported by a corporate website, a dedicated Trust Center, and 'Schedule a Technical Deep-Dive' CTAs.

Name

10clear

Legal name

10clear Inc.

Website

https://10clear.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

10clear is a New York-based SaaS company that sells an AI-powered compliance dashboard which automates SEC, US GAAP, and IFRS disclosure checklist evaluation for Chief Administrative Officers and accounting firms.

Ownership category

akta.pro rank

Product category

Regulatory Compliance Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Credit Bureaus (561450)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320), Finance Services (6199)

akta.pro primary industry

Audit, Recordkeeping & Evidence Management (WORM, Retention, E-Discovery) (FSAFAKAI)

Keywords

• Compliance automation software
• Financial reporting compliance
• Disclosure checklist automation
• Audit workpaper generation
• Regulatory compliance AI

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Compliance Automation SaaS: AI-powered compliance platform delivered as subscription service. Targets enterprise customers with automated GAAP/SEC disclosure checklist capabilities, time savings (40+ hours per cycle), and audit-ready corporate reporting features.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

10clear offers an AI-powered compliance automation platform that evaluates financial disclosures against SEC, US GAAP, and IFRS regulatory frameworks. The system performs deterministic evaluation of 2,700+ specific disclosure rules with 100% traceability, automatically generating audit-ready checklists and workpapers in under 5 minutes to save 40+ hours per audit cycle.

Product overview

10clear offers a single unified AI-powered compliance platform designed for financial reporting and audit automation. The core Compliance Dashboard product evaluates SEC, US GAAP, and IFRS disclosure requirements by processing complex financial statements and generating deterministic compliance checklists. The platform automates audit evidence and workpaper generation, targeting CAOs and accounting firms with a solution that recovers 10-40 hours per quarter while maintaining 95% evaluation consistency.

Differentiator

Problem solved

Functional benefit

Products and services

• Compliance Dashboard AI-powered compliance automation platform for enterprise CAOs and accounting firms that ingests complex financial statements and performs deterministic evaluation of 2,700+ disclosure rules under SEC, US GAAP, and IFRS frameworks. Generates audit evidence and workpapers instantly, produces a 98.5% Compliance Score, achieves 95% Evaluation Consistency, and completes full checklist runs in under 5 minutes, saving 40+ hours per audit cycle.

Quantifiable outcome

• Automates GAAP and SEC disclosure checklists in under 5 minutes
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Scale indicators6 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• AuditBoard: AuditBoard is a leading cloud-based audit, risk, and compliance platform widely used by enterprise audit teams and accounting firms. It overlaps with 10clear's compliance/audit automation workflow, serving CAOs and audit functions with disclosure and controls management.
• Wolters Kluwer TeamMate: TeamMate is an established audit management and electronic working papers platform used by accounting firms globally. It directly addresses the same "tick-and-tie" checklist and audit evidence workflows that 10clear automates, but as a legacy incumbent rather than an AI-native offering.
• CaseWare: CaseWare provides working paper, audit, and financial reporting software widely used by accounting firms. It is a direct competitor in the audit working-paper and disclosure workflow that 10clear is automating with AI.
• Suralink: Suralink automates audit request lists (PBC) and document collection for accounting firms and their clients. It addresses an adjacent workflow in the audit cycle that 10clear's compliance automation platform complements.

Broad incumbents

• Workiva: Workiva is a public, large-scale platform for SEC reporting, ESG, and audit-ready financial disclosures. It competes more broadly across the full reporting stack (filings, XBRL, sustainability), giving it overlapping but wider coverage than 10clear's narrow disclosure-checklist focus.
• Diligent (Galvanize/ACL): Diligent offers a broad GRC and audit analytics suite, including the acquired Galvanize and ACL products used by audit and compliance teams. It overlaps with 10clear's compliance and audit evidence use cases as part of a much wider governance, risk, and controls portfolio.

Emerging players

• MindBridge: MindBridge applies AI/ML to financial transaction analysis and audit risk scoring for accounting firms. It targets the same AI-in-audit buyer but focuses on journal-entry and transaction-level analytics rather than disclosure checklist automation.
• DataSnipper: DataSnipper is an AI-driven audit automation platform that automates evidence gathering and testing inside Excel. It targets the same audit-firm buyer persona as 10clear but focuses on testing/evidence extraction rather than disclosure checklist evaluation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 10clear