FiscalNote

Policy Intelligence Softwarefiscalnote.com

FiscalNote is an AI-powered policy intelligence SaaS company serving 3,400+ enterprise, government, and advocacy customers with PolicyNote, providing legislative and regulatory tracking across U.S. federal/state/local governments and 100+ countries, plus API access for AI platforms.

Company typePublic
Founded2013
HeadquartersWashington, United States
Headcount501–1,000
GTM typeB2B
OfferingSoftware

What FiscalNote does

FiscalNote Holdings, Inc. is a publicly traded (NYSE/OTC: NOTE) AI-powered policy intelligence company founded in 2013 and headquartered in Washington, D.C. It operates a platform-plus-modules architecture centered on PolicyNote, an AI-driven SaaS platform providing legislative and regulatory tracking across all 50 U.S. states, Congress, 100+ countries, and 12,000+ municipal governments, with a proprietary dataset covering nearly 300,000 elected officials. The company serves more than 3,400 customers including Fortune 500 enterprises (Lenovo, Intel, L'Oreal, GSK, Novartis, AstraZeneca, Ford, Kaiser Permanente, Capital One, UBS), congressional offices, and advocacy organizations, organized around verticals such as healthcare/pharma, software/technology, financial services, infrastructure/transportation, manufacturing, and government affairs.

FiscalNote firmographics

Firmographics

Name: FiscalNote
Legal name: FiscalNote Holdings, Inc.
Website: https://fiscalnote.com
Company type: Public
Founded year: 2013
Operating status: Operating
Headcount range: 501–1,000 employees
Short description: FiscalNote is an AI-powered policy intelligence SaaS company serving 3,400+ enterprise, government, and advocacy customers with PolicyNote, providing legislative and regulatory tracking across U.S. federal/state/local governments and 100+ countries, plus API access for AI platforms.
Ownership category
akta.pro rank

FiscalNote industry classification

Industry

Product category: Policy Intelligence Software
NAICS: Administration of Economic Programs (9261)
SIC: International Affairs (9721)
akta.pro primary industry: Model Development & Training Platforms (AutoML, Notebooks, Feature Stores) (HDAEANAB)
akta.pro secondary industry: Q&A and Knowledge Discovery Platforms (BPAMAAAF)

Keywords

Policy intelligence software
Government affairs software
Legislative tracking software
Regulatory monitoring tools
Digital advocacy platforms

Where FiscalNote is headquartered

Location

Headquarters

HQ city: Washington
HQ country: United States
HQ region: North America

Offices4 records

Markets served

FiscalNote business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

Subscription-based SaaS: Core subscription-based software-as-a-service model providing access to PolicyNote platform, CQ news monitoring, VoterVoice advocacy tools, and other policy intelligence products. Multi-year contracts with annual invoicing. Subscription revenue declined 21% in FY2025 due to divestitures and legacy product challenges.
PolicyNote API Access: Programmatic API access for enterprises and AI platforms, currently used by Lumen Technologies and ICE Data Services. Shift toward self-serve model to accelerate product-led growth.
Professional Services: PolicyNote+ professional services providing tailored policy analysis and expert-driven insights from award-winning team.
Political Prediction Markets: New revenue stream through prediction market content, tip sheets, fantasy league formats, and predictive engagement tools in partnership with 365Prediction and Good Wolf Studios.

Pricing tiers

Model	Billing	Price
Subscription	Annual	Enterprise subscription plans with full platform access
Subscription	Annual	PolicyNote API with MCP support

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

FiscalNote product offering

Product offering

Core offering

FiscalNote develops and sells AI-powered policy intelligence software that helps corporations, advocacy organizations, congressional offices, and government affairs professionals track, analyze, and influence legislation and regulation across U.S. federal, state, and local governments plus over 100 countries. Its flagship PolicyNote platform combines NLP and machine learning with proprietary legislative, regulatory, and stakeholder data to deliver bill tracking, AI-generated impact summaries, social listening, and grassroots advocacy workflows. The company also offers the PolicyNote API with native MCP support for AI platform integration, VoterVoice digital advocacy tools, CQ congressional analysis, and a portfolio of acquired products (Fireside, Curate, FrontierView, EU Issue Tracker, PACbuilder).

Product overview

FiscalNote operates as a platform-plus-modules architecture centered on PolicyNote, an AI-powered policy intelligence platform that unifies the company's core capabilities. PolicyNote integrates CQ's trusted nonpartisan congressional analysis, VoterVoice's grassroots advocacy tools, and Curate's local policy tracking to provide complete coverage from local governments to global policy. The platform is enhanced by professional services (PolicyNote+), API access (PolicyNote API with MCP support for AI platforms), and specialized products including EU Issue Tracker for EU regulations, Roll Call for Capitol Hill news, Fireside for constituent management, FrontierView for marketplace intelligence, and PACbuilder for PAC management. Additional offerings include specialized databases like Epstein Unboxed. The company has pursued an aggressive acquisition strategy, incorporating technologies from Forge.AI (NLP/AI), Predata (predictive analytics), Equilibrium (ESG), Fireside (constituent management), and Aicel/Acel Technologies (alternative data) to build out its capabilities.

Differentiator

Problem solved

Functional benefit

Brands

PolicyNote: AI-Powered Platform to Help You Track & Shape Policy - Flagship solution providing comprehensive policy intelligence covering every jurisdiction, every signal, and every development.
PolicyNote+
PolicyNote API
VoterVoice
CQ
Roll Call
EU Issue Tracker (EUIT)
Curate
Fireside (Fireside 21)
FrontierView
PACbuilder
CQ&A
PoliticalPredictions.com

Products and services

PolicyNote AI-powered flagship platform providing comprehensive U.S. state and federal policy intelligence with bill tracking, stakeholder management, real-time alerts, AI-generated Impact Summaries, social listening, and native MCP support for AI platform integration. Designed for government affairs professionals, corporations, advocacy organizations, and congressional offices.
PolicyNote+ Professional services add-on providing access to FiscalNote's award-winning policy analyst team for tailored policy analysis and expert-driven insights.
PolicyNote API Programmatic API providing access to legislative, regulatory, and stakeholder intelligence across U.S. Congress, all 50 states, and 100+ countries. Includes native Model Context Protocol (MCP) support for AI platform integration, with usage-based rate limits and credit/token system.
VoterVoice Digital advocacy campaign tool with highest deliverability for grassroots mobilization, enabling advocacy organizations to connect advocates with lawmakers through coordinated campaigns.
CQ Congressional news and analysis providing nonpartisan coverage trusted by DC insiders, tracking every bill, vote, and policy trend on Capitol Hill. Includes CQ&A live briefing series connecting clients with CQ and Roll Call journalists.
Roll Call News from Capitol Hill delivering award-winning nonpartisan coverage of Congress and federal policy developments.
Fireside Constituent management solution for Congressional offices providing websites, casework management, and constituent communication tools.
Curate Local policy tracking solution monitoring over 12,000 municipal governments and 4,000+ school districts using AI-powered NLP.
FrontierView Marketplace intelligence providing global business and market data for enterprise decision-making across international markets.
EU Issue Tracker (EUIT) European Union regulatory intelligence tracking EU policy initiatives, legislative developments, and regulatory risks across EU institutions.
PACbuilder Political Action Committee management tool for building and managing PAC operations and compliance.
Epstein Unboxed AI-enhanced database consolidating thousands of documents tied to Epstein investigations including emails, videos, legal filings, and calendar entries with OCR processing and real-time search.

Quantifiable outcome

252% increase in weekly active users after migration to PolicyNote platform
+4 more outcomes

Companies that use FiscalNote

Customer profile

Named customers25 records

Segments7 records

Ideal customer profiles7 records

FiscalNote technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability6 records

Feature6 records

FiscalNote partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core and minor.

Good Wolf StudioscoreStrategic or Co-development Partner · 23 March 2026Strategic partnership to develop and monetize political prediction content including tip sheets, fantasy league formats, and predictive engagement tools. Initiative leverages proprietary data and policy expertise to create new revenue streams through predictive engagement tools and transactional models.
D&A Advisory LLCcoreChannel Partner/ Reseller/ Distributor · 20 March 2026MOU with D&A LLC (South Korean law firm advisory arm) to expand access to U.S. policy and regulatory intelligence in Asia. Enables Asian organizations including Korean clients like Hyosung and Embassy of Korea in the U.S. to receive real-time, authoritative U.S. policy insights through PolicyNote platform access.
Lumen TechnologiesminorGTM or Marketing Partner · 4 March 2026Enterprise API customer using PolicyNote API for policy intelligence integration.
ICE Data ServicesminorGTM or Marketing Partner · 4 March 2026Enterprise API customer using PolicyNote API for policy intelligence integration.
365PredictioncoreTechnology or Integration · 12 February 2026Non-binding MOU for strategic partnership with AI-driven prediction platform 365Prediction to collaborate on market design, technology, and product development for political prediction markets. FiscalNote aims to leverage its policy expertise and datasets to build differentiated offerings across multiple layers of the political prediction ecosystem.
HP Inc.minorGTM or Marketing Partner · 5 February 2026New customer partnership for policy intelligence solutions.
McKesson CorporationminorGTM or Marketing Partner · 5 February 2026New customer partnership for policy intelligence solutions in healthcare sector.
Teladoc HealthminorGTM or Marketing Partner · 5 February 2026New customer partnership for policy intelligence solutions in healthcare sector.

Scale indicators14 records

Recent moves8 records

Expansion highlights5 records

FiscalNote competitors and assessment

Company assessment

Direct peers

Quorum: Quorum is a public affairs and grassroots advocacy software platform used by corporations, associations, and nonprofits to track legislation, manage stakeholder relationships, and run advocacy campaigns. Direct overlap with FiscalNote's PolicyNote and VoterVoice offerings.
Plural Policy: Plural Policy provides legislative tracking, bill analysis, and stakeholder communication tools for government affairs professionals. Direct competitor to FiscalNote PolicyNote in the enterprise policy intelligence category.
LegiScan: LegiScan offers legislative tracking and bill text data across all 50 U.S. states and Congress, with API access. Direct overlap with FiscalNote's core legislative tracking capability, particularly at the state level.
StateScape: StateScape provides state and federal legislative tracking with real-time bill monitoring and reporting. Direct competitor in the state-level legislative tracking market where FiscalNote competes.

Broad incumbents

Bloomberg Government: Bloomberg Government provides legislative tracking, regulatory intelligence, and government contracts data to influence professionals, leveraging Bloomberg's broader data infrastructure. Overlaps with FiscalNote's PolicyNote and CQ offerings but is part of the much larger Bloomberg ecosystem.
Wolters Kluwer Regulatory Intelligence: Wolters Kluwer's regulatory intelligence solutions (e.g., OneSumX for Regulatory Reporting) serve banking, insurance, and healthcare compliance teams. Larger incumbent with overlapping regulatory monitoring use cases but specialized in compliance-heavy verticals.
LexisNexis Policy & Regulatory: LexisNexis provides policy tracking, regulatory monitoring, and legislative analysis as part of its broader legal information platform. Overlaps with FiscalNote PolicyNote but operates inside a much larger legal data franchise.

Emerging players

OpenGov: OpenGov provides government performance, budgeting, and procurement software for state and local governments. Adjacent overlap with FiscalNote's Curate local government intelligence offering but with a different buyer (government itself vs. corporations/advocates).
Granicus: Granicus provides communications, records management, and civic engagement software specifically to government agencies, including legislative and public meeting tools. Adjacent to FiscalNote's Fireside and Curate offerings in the public sector.
Citizen Impact: Citizen Impact provides grassroots advocacy, petition, and email-to-legislator tools to nonprofits and advocacy organizations. Direct overlap with FiscalNote's VoterVoice offering in the digital advocacy category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

FiscalNote compliance and trust

Trust signal

Compliance4 records

FiscalNote financial estimates

Financial estimate

Revenue estimate

Valuation estimate

FiscalNote leadership team

Management profile

Number of profiles

Profiles14 records

FiscalNote subsidiaries and ownership

Company hierarchy

Subsidiaries11 records

FiscalNote funding detail

Funding detail

Funding overview

Funding rounds25 records

Investors54 records

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

FiscalNote M&A and investment

M&A and investment

M&A20 records

Investments1 record

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

Frequently asked questions about FiscalNote

What does FiscalNote do?

Is FiscalNote a public or private company?

FiscalNote is a public company. It is classified as public and is currently operating.

When was FiscalNote founded?

FiscalNote was founded in 2013. It employs 501 to 1,000 people.

Where is FiscalNote based?

FiscalNote is headquartered in Washington, United States, in the North America region.

How does FiscalNote make money?

Four revenue lines are on record. Subscription-based SaaS are the primary driver. The others are policyNote API Access, professional Services and political Prediction Markets.

Who are FiscalNote's main competitors?

Direct peers on record are Quorum, Plural Policy, LegiScan and StateScape. Broad incumbents are Bloomberg Government, Wolters Kluwer Regulatory Intelligence and LexisNexis Policy & Regulatory. Emerging players are OpenGov, Granicus and Citizen Impact.

Does FiscalNote have an API?

Yes. FiscalNote offers the PolicyNote API providing programmatic access to legislative, regulatory, and stakeholder intelligence across U.S. Congress, all 50 states, and more than 100 countries. The API includes native Model Context Protocol (MCP) support enabling integration with AI platforms including Anthropic, OpenAI, Google Gemini, and Microsoft. Additional APIs include Curate API, VoterVoice API, and CQ API. Rate limits are enforced through a credit or token system with usage tiers. Developer documentation is at fiscalnote.com/products/policynote-api.

What industry is FiscalNote in?

FiscalNote's product category is Policy Intelligence Software. Its primary akta.pro industry code is HDAEANAB, Model Development & Training Platforms (AutoML, Notebooks, Feature Stores), with a secondary code of BPAMAAAF, Q&A and Knowledge Discovery Platforms. Its NAICS code is 9261 and its SIC code is 9721.