What 11th.com does

11thEstate Inc., operating as 11th.com, is a privately held fintech founded in 2020 in West Palm Beach that runs an AI-driven platform automating the discovery and filing of investor recovery claims. The platform targets three categories of recoverable funds — securities class action settlements, shareholder compensation, and SEC Fair Funds — and has added a Fraud Recoveries module. Individual investors connect brokerage accounts through a self-serve flow; institutional clients (RIAs, wealth managers, asset managers, family offices, hedge funds, broker dealers) connect via direct custodian integrations with Fidelity, Charles Schwab, Merrill Lynch, Orion, and BNY Mellon, or via a developer-friendly API. The stated performance is 155,000+ investors served, $250M+ in processed claims, and a 100% claim acceptance rate against a 2024 addressable market of $8.7B in securities-related settlements.

Underlying technology centers on an automated claims processing engine that scans global securities settlements, matches eligible positions to connected brokerage or custodian accounts, and files claims with payouts delivered via direct deposit. AI capabilities are described as process automation and anomaly detection operating on structured portfolio data; there are no disclosed proprietary models, patents, or research publications. The product surface splits between a consumer-facing portfolio-connect portal and an enterprise platform offering institutional reporting, notifications of filed claims and upcoming deposits, and full transparency for advisors.

The business model combines a transaction-fee revenue stream tied to successful consumer recoveries with subscription-based enterprise access for institutional clients. The go-to-market is dual-motion: product-led growth for individual investors via the website, and enterprise field sales (Book a Demo funnel) for institutions. The company has raised $2 million in seed funding in May 2024 led by Social Leverage with Blank Ventures and Outside VC, and is led by founder and CEO Stan Vick alongside co-founders George Semashko (CPO) and Aleksandr Bogdanov (CTO), with Amber Gresham leading institutional development and Matt Ober as an independent board member.

Name

11th.com

Legal name

11thEstate Inc.

Website

https://11th.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

11thEstate Inc. (operating as 11th.com) is an AI-powered platform that automatically discovers and files claims to recover funds for investors from securities class action settlements, shareholder compensation, and SEC Fair Funds, serving both individual investors and institutional wealth managers.

Ownership category

akta.pro rank

Product category

Investor Recovery Software

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Finance Services (6199)

akta.pro primary industry

Credit Repair, Debt Relief & Bankruptcy Referrals (FSAEAMAH)

Keywords

• Investor funds recovery
• Securities class action claims
• Shareholder compensation filing
• SEC fair funds recovery
• AI claims automation platform

Headquarters

HQ city

West Palm Beach

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Claims Processing Fee: Platform likely charges a fee or percentage on successfully recovered funds from securities class action settlements, shareholder compensations, and SEC fair funds. Revenue is tied to successful claim outcomes.
2. Enterprise/B2B Platform Access: Institutional clients (RIAs, wealth managers, family offices) pay for platform access to recover funds owed to their clients, with direct custodian integrations and API access.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

11th.com operates an AI-driven automated claims platform that connects to investors' brokerage and custodian accounts, scans global securities class action settlements, shareholder compensation programs, and SEC Fair Funds, matches eligible portfolios, and files recovery claims on behalf of the investor. It serves both individual investors through a self-serve portal and institutional clients (RIAs, wealth managers, family offices, broker dealers) via enterprise integrations and APIs, with payouts delivered via direct deposit to linked accounts.

Product overview

11thEstate operates as a unified platform comprising an individual investor portal and an institutional/enterprise platform for wealth managers and financial advisors. The platform automates the discovery and filing of investor recovery claims across three main fund types: Class Action Settlements, Shareholder Compensation, and SEC Fair Funds. Individual investors connect their brokerage accounts for automatic claims processing, while institutional clients (RIAs, wealth managers, family offices) use the enterprise platform to manage recovery for their entire client base. All claims are processed through an AI-powered automated engine and payouts are delivered via direct deposit to connected brokerage accounts.

Differentiator

Problem solved

Functional benefit

Products and services

• 11thEstate Individual Investor Platform Self-serve web platform that lets individual investors sign up, connect one or more brokerage or custodian accounts, and have the system automatically scan, match, and file claims for all eligible securities class action settlements, shareholder compensations, and SEC Fair Funds, with payouts delivered via direct deposit to the connected account.
• 11thEstate Institutional Platform Enterprise platform for financial intermediaries that plugs into custodians, reporting systems, and developer-friendly APIs to automatically discover eligible settlements across global markets, match them to underlying client portfolios, and file claims on their behalf, with notifications of new claims filed and direct-deposit payouts.
• Class Action Settlements Recovery Automated recovery service that identifies eligible securities class action settlements for connected investors and files claims on their behalf, with a reported 100% acceptance rate and direct deposit of payouts.
• Shareholder Compensation Recovery Automated service for discovering and filing claims for shareholder compensation funds that investors are entitled to, integrating with connected brokerage or custodian accounts for seamless claim submission and direct deposit payouts.
• SEC Fair Funds Recovery Automated claim processing service for SEC Fair Fund distributions available to affected investors, identifying eligibility across connected accounts and filing claims without manual research.
• Fraud Recoveries Recovery service for funds lost due to securities fraud cases, providing automated claims processing and entitlement recovery on behalf of individual and institutional investors connected to the platform.

Quantifiable outcome

• 155,000+ investors served
• +3 more outcomes

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability3 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• FidelitycoreTechnology or IntegrationDirect integration partnership enabling automated data exchange with Fidelity's custodial platform. Allows 11thEstate to identify eligible settlement claims for investors with Fidelity accounts and process claims on their behalf.
• Charles SchwabcoreTechnology or IntegrationIntegration with Schwab's advisor and custodian platforms (Advisor Services, Provider Solutions) enabling automatic discovery of eligible settlements for Schwab-held portfolios.
• Merrill LynchcoreTechnology or IntegrationCustodian integration with Merrill Lynch enabling automated claims processing for clients holding securities through Merrill's platform.
• OrioncoreTechnology or IntegrationIntegration with Orion's portfolio management and reporting platform enabling advisors to discover settlement opportunities for their clients' portfolios managed through Orion.
• BNYcoreTechnology or IntegrationIntegration with Bank of New York Mellon for custodian data access enabling settlement claim processing for BNY-held securities positions.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Epiq: Epiq is one of the largest third-party class action and mass tort claims administrators, providing end-to-end notice, claims processing, and settlement administration for securities and other class actions — directly competitive with 11thEstate's automated claims filing for the same securities settlement universe.
• Heffler Claims Group: Heffler Claims Group is a court-appointed class action settlement administrator that manages notice, claims intake, and fund distribution for securities and antitrust settlements, directly competing for the institutional/institutional-advisor segment.
• Garden City Group (GCG): Garden City Group is a leading settlement administrator that processes claims for securities class actions, shareholder disputes, and SEC Fair Fund distributions — competing head-to-head with 11thEstate's enterprise/institutional claims platform.
• Rust Consulting: Rust Consulting is a major legal notice and class action settlement administrator handling securities settlements and mass tort claims, providing a comparable institutional service to 11thEstate's enterprise clients.
• Kroll Restructuring Administration: Kroll's restructuring and claims administration group administers large securities class action settlements and bankruptcy recoveries, operating in the same court-appointed notice and claims-processing workflow that 11thEstate automates for individual and institutional investors.

Emerging players

• Credit Karma: Credit Karma helps consumers optimize personal finance through connected accounts and is increasingly expanding into recovery/refund features; it overlaps with 11thEstate's consumer self-serve motion and could add settlement recovery as a feature.

Broad incumbents

• Addepar: Addepar is a wealth management technology platform serving RIAs, family offices, and large advisors — overlapping with 11thEstate's institutional customer base and increasingly bundling adjacent operational services that could compete with 11thEstate's enterprise platform.
• Orion: Orion is a portfolio management and reporting platform for wealth advisors and is both an integration partner and a potential competitor; it serves the same RIA/broker-dealer segment and could expand its app marketplace to include competing recovery workflows.
• Envestnet: Envestnet provides advisor technology, custody integrations, and wealth management platforms to RIAs and broker-dealers — overlapping institutional customer base and offering adjacent operational tools where 11thEstate positions its enterprise claims recovery module.

Others

• Apex Clearing (now part of Marex): Apex Clearing is a custodian and clearing platform that, like other custodians 11thEstate integrates with, could in theory build or white-label in-house settlement recovery features, making it both an integration partner and a potential disruptor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/11thestate
• Facebookfacebook.com/11thestate
• LinkedInlinkedin.com/company/11thestate

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors3 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 11th.com