Class Action Capital
Class Action Capital is a New York–based boutique firm that identifies, files, and collects on U.S. and Australian class action settlement claims for corporations and institutions — primarily fleet operators, rental car companies, and corporate purchasers — on a contingency-fee basis, with an added claim monetization line.
- Company typePrivate
- Founded2016
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Class Action Capital does
Class Action Capital (CAC) is a privately held, New York–based boutique services firm that identifies, prepares, files, and collects on class action settlement claims on behalf of corporate and institutional class members. Its primary customer base is mid-to-large enterprises — particularly fleet operators, rental car companies, and corporate purchasers — that have bought products at allegedly inflated prices in antitrust or product-defect class actions but lack the internal legal and data infrastructure to file claims, respond to administrator audits, or wait out multi-year distribution timelines. Per the firm's own disclosures, CAC has served over 7,000 organisations and oversees more than $1 billion in claim assets, and it self-reports 70% market share of the North American Fleet Manager / Rental Car / Corporate Fleet segment, with 20 million vehicles under claim management across 40 automotive class actions and $250 million in claims filed on behalf of fleet clients.
The offering is delivered as an integrated six-module service — Identification & Education, Data Retrieval & Analysis, Claim Preparation & Filing, Claim & Settlement Tracking, Claim Auditing, and Processing Payment — executed through a four-step process (Identification, Analysis, Filing, Accounting). CAC charges clients a contingency fee (explicitly stated as 25% of recovery in the Custom Fleet Toyota HiLux case), so no upfront cost or filing charges apply and the firm is paid only when settlement funds are disbursed. In addition, CAC offers a separate Claim Monetization product in which it purchases settlement receivables outright, providing immediate liquidity to clients in exchange for taking on fiduciary and audit risk — a capital-intensive line that converts the firm from a pure fee-for-service operator into a specialty-finance counterparty on its own book.
CAC operates from a New York headquarters (56 West 22nd Street, 5th Floor; Class Action Capital Holdings LLC, Delaware) and an Australian subsidiary (Class Action Capital Recovery AU Pty Ltd, ABN 78 662 090 066, Melbourne) that was established to handle the Toyota HiLux, Fortuner, and Prado diesel class action through a channel partnership with Custom Fleet. Distribution is direct and consultative B2B — no self-serve, product-led, or marketplace motion — supplemented by channel partnerships, email, corporate website, and limited social media. The team is anchored by former U.S. Attorney and former U.S. Senator Doug Jones, class action veteran J.J. Thomas (most recently transitioned from CEO to Chairman in November 2025, succeeded by Andrew Mirabile), and specialty-finance veteran Pierre M. Wolf. No proprietary AI/ML stack is in evidence; the moat rests on legal and structured-finance talent, domain claims data, and category ownership in the fleet vertical.
Class Action Capital firmographics
Firmographics- Name
- Class Action Capital
- Legal name
- Class Action Capital
- Website
- https://classactioncapital.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Class Action Capital is a New York–based boutique firm that identifies, files, and collects on U.S. and Australian class action settlement claims for corporations and institutions — primarily fleet operators, rental car companies, and corporate purchasers — on a contingency-fee basis, with an added claim monetization line.
- Ownership category
- akta.pro rank
Class Action Capital industry classification
Industry- Product category
- Class Action Settlement Claim Management Services
- NAICS
- Collection Agencies (561440), Legal Services (5411)
- SIC
- Services-Management Services (8741), Investment Advice (6282)
- akta.pro primary industry
- Class Actions, Claims & Entitlements Recovery (FSACAKAK)
- akta.pro secondary industry
- Claims Advocacy & Loss Recovery Services (FSAEADAH)
Keywords
Where Class Action Capital is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Class Action Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Contingency Fee — Claims Management: Class Action Capital earns a percentage of the financial recovery it secures for its clients. There is no upfront cost to the client; the firm only receives compensation when and if settlement funds are distributed. This is the primary revenue stream and applies across all service lines including identification, filing, auditing, and processing of claims.
- Claim Monetization — Purchase of Settlement Receivables: Class Action Capital offers to purchase (monetize) class action settlement claims from clients, providing immediate liquidity in exchange for a transfer of the claim. Under this model, CAC assumes ownership and responsibility for the claim going forward, including monitoring, fiduciary liability, and any audit risk. This is a separate revenue-generating service distinct from the contingency fee model.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Pay-as-you-go | Performance fee model — percentage of recovery |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Class Action Capital product offering
Product offeringCore offering
Class Action Capital specializes in helping corporations and institutions identify, file, audit, and collect on class action settlement claims through a four-step process (Identification, Analysis, Filing, Accounting). Services are delivered on a contingency fee basis, with the firm additionally offering Claim Monetization that purchases settlement receivables to provide clients with immediate liquidity.
Product overview
Class Action Capital offers a unified class action settlement claim processing platform for corporations and institutions. The core offering consists of six integrated service modules: Identification & Education, Data Retrieval & Analysis, Claim Preparation & Filing, Claim & Settlement Tracking, Claim Auditing, and Processing Payment. These services work together through a four-step process (Identification, Analysis, Filing, Accounting) to help clients identify, value, and manage class action claims assets. The company also operates a Custom Fleet sub-brand focused specifically on automotive fleet class action settlements, particularly the Toyota class action case. Additionally, Claim Monetization is offered as a separate financing product that provides immediate liquidity by purchasing difficult-to-value settlement assets. Class Action Capital operates on a contingency fee basis, earning a percentage of financial recovery only when clients receive funds.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 7,000+ organizations served; $1 billion+ in assets overseen; $250 million in claims filed on behalf of fleet clients; 70% market share of North American Fleet Manager, Rental Car, and Corporate Fleet Clients; 20 million vehicles under management; 40+ automotive class action cases handled.
Companies that use Class Action Capital
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Class Action Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Class Action Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Custom FleetcoreCustom Fleet, an Australian fleet management company, entered into a formal partnership with Class Action Capital (CAC) to proactively manage class action claims and optimise settlement fund recoveries for Custom Fleet's customers in the Toyota HiLux case before the Federal Court of Australia. CAC established a relationship with the Scheme Administrator on behalf of Custom Fleet's fleet customers. The partnership covers eligibility assessment, managing claims submission, and assisting with refund distribution to Custom Fleet's customers. CAC's Custom Fleet portal includes FAQs, case updates, and a one-time sign-up process for getting started.
Scale indicators7 records
Recent moves5 records
Expansion highlights5 records
Class Action Capital competitors and assessment
Company assessmentBroad incumbents
- Epiq Systems: Large incumbent class action settlement administrator offering end-to-end claims administration, noticing, and settlement support — overlapping heavily with CAC's core claims management services at significantly larger scale and broader portfolio.
- Kroll (Restructuring Administration): Global professional services firm offering settlement and claims administration services through its restructuring practice — broader portfolio but overlapping functionality with CAC's corporate class member claims management.
Direct peers
- Angeion Group: Direct competitor providing class action settlement administration services including claims processing, notice administration, and settlement support across verticals similar to CAC's offering, also targeting corporate and institutional class members.
- Simpluris: Tech-enabled class action settlement administrator that, like CAC, focuses on helping corporate and institutional class members file and recover on settlement claims — comparable online-first delivery model and target customer base.
- JND Legal Administration: Specialized class action and mass tort settlement administrator providing notice, claims processing, distribution, and call center services — overlapping core service modules with Class Action Capital's claims lifecycle.
- Heffler Claims Group: Class action settlement claims administration firm focused on corporate class members, providing identification, filing, audit response, and distribution services that directly parallel CAC's four-step process.
- Brown Greer: Specialized settlement administrator handling complex class action and mass tort claims for corporate class members — same client base and similar service scope as Class Action Capital.
Emerging players
- Burford Capital: Largest publicly listed litigation finance firm that funds corporate claimants pursuing commercial and class actions — adjacent business model that intersects with CAC's monetization product and competes for the same pool of corporate claim assets.
- Legalist: Data-driven litigation finance fund that purchases receivables and pursues settlement claims using quantitative case selection — adjacent to CAC's claim monetization offering and competing for the same specialty finance opportunity.
Regional players
- Omni Bridgeway (formerly IMF Bentham): Australia-headquartered global litigation funder actively involved in Australian class actions including the Toyota HiLux matter — directly relevant as it intersects with CAC's Australian geographic operations and the specific automotive case CAC is monetizing alongside Custom Fleet.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Class Action Capital social profiles
Digital presenceClass Action Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Class Action Capital leadership team
Management profileNumber of profiles
Profiles5 records
Class Action Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Class Action Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Class Action Capital
What does Class Action Capital do?
Class Action Capital specializes in helping corporations and institutions identify, file, audit, and collect on class action settlement claims through a four-step process (Identification, Analysis, Filing, Accounting). Services are delivered on a contingency fee basis, with the firm additionally offering Claim Monetization that purchases settlement receivables to provide clients with immediate liquidity.
Is Class Action Capital a public or private company?
Class Action Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Class Action Capital founded?
Class Action Capital was founded in 2016. It employs 51 to 100 people.
Where is Class Action Capital based?
Class Action Capital is headquartered in New York, United States, in the North America region.
How does Class Action Capital make money?
Two revenue lines are on record. Contingency Fee — Claims Management is the primary driver. The others are claim Monetization — Purchase of Settlement Receivables.
Who are Class Action Capital's main competitors?
Broad incumbents on record are Epiq Systems and Kroll (Restructuring Administration). Direct peers are Angeion Group, Simpluris, JND Legal Administration, Heffler Claims Group and Brown Greer. Emerging players are Burford Capital and Legalist. Omni Bridgeway (formerly IMF Bentham) is listed as a regional player.
Does Class Action Capital have an API?
No public API is recorded for Class Action Capital.
What industry is Class Action Capital in?
Class Action Capital's product category is Class Action Settlement Claim Management Services. Its primary akta.pro industry code is FSACAKAK, Class Actions, Claims & Entitlements Recovery, with a secondary code of FSAEADAH, Claims Advocacy & Loss Recovery Services. Its NAICS code is 561440 and its SIC code is 8741.