Eisen
Eisen is an AI-enabled compliance operations platform that automates escheatment, disbursement, outreach, and 1099 reporting for U.S. banks, fintechs, and digital asset companies, monitoring roughly $16 billion in balances across approximately 50 customers.
- Company typePrivate
- Founded2022
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Eisen does
Eisen is an AI-enabled compliance operations platform that automates escheatment, disbursement, outreach, and 1099 reporting workflows for U.S. financial institutions, fintechs, and digital asset companies. Founded in 2022 and headquartered in New York, the company sells four integrated modules - Escheatment Manager (multi-state dormancy tracking, due-diligence, and NAUPA II reporting across 58+ government deadlines and 117+ property types), Disbursement Manager (one-click personalized ACH/check/wire payments with reconciliation and audit trails), Outreach Manager (automated, trackable customer communications to retain account holders), and 1099 Reporting Manager (W-9 solicitation, real-time IRS TIN matching, and federal/state e-filing via FIRE and IRIS). The platform is SOC 2 certified, integrates with QuickBooks, IRS systems, and 12+ client data sources, and is delivered as quote-based, multi-year enterprise SaaS governed by an Order Form, Fee Schedule, and Master Services Agreement. Implementation services and subcontractor engagements supplement subscription revenue.
The company reports monitoring nearly $16 billion in balances across tens of millions of accounts at approximately 50 customers, including Adyen, Binance.US, BitGo, OKX, Ramp, Brigit, PeoplesBank, Nymbus, and BankProv. GTM is primarily direct enterprise field sales to financial institutions, fintechs, and digital asset companies, supplemented by a three-track formal Partner Program (Consulting, Technology, Integrations) anchored by Onbe and Checkbook.io, plus content-led SEO, PR, and event-driven awareness (Money20/20). Eisen is venture-backed with $18.5M raised to date ($10M Series A led by MissionOG and an $8.5M seed led by Index Ventures, announced May 2026), with capital earmarked for team growth and broader compliance coverage.
Eisen firmographics
Firmographics- Name
- Eisen
- Legal name
- Eisen Inc.
- Website
- https://witheisen.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Eisen is an AI-enabled compliance operations platform that automates escheatment, disbursement, outreach, and 1099 reporting for U.S. banks, fintechs, and digital asset companies, monitoring roughly $16 billion in balances across approximately 50 customers.
- Ownership category
- akta.pro rank
Eisen industry classification
Industry- Product category
- Regulatory Compliance Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Digital Account Opening & Onboarding (eKYC, eSignature, Origination) (FSAGAAAB)
Keywords
Where Eisen is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Eisen business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Subscription / SaaS Fees: Recurring fees paid per the Order Form and Fee Schedule for the Escheatment, Disbursement, Outreach, and 1099 Reporting modules. Multi-year contracts with annual auto-renewal (1-year renewal terms). Pricing is capacity-based; usage exceeding Service Capacity triggers additional billing. Fees may be changed upon 30 days' notice at end of Initial Service Term.
- Implementation Services: One-time professional services fees for implementation/onboarding referenced separately in the Master Services Agreement (Implementation Services). Includes onboarding integrations and configuration.
- Subcontractor Engagements: Eisen may engage subcontractors to deliver Services; revenue model remains the same to client, but indicates use of partner-delivered capacity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Quote-based enterprise SaaS with multi-year contracts; pricing varies by Service Capacity and module selection (Escheatment, Disbursement, Outreach, 1099 Reporting). |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels9 records
Eisen product offering
Product offeringCore offering
Eisen is an AI-enabled compliance operations platform that helps financial institutions, fintechs, and digital asset companies manage escheatment, disbursement, and 1099 reporting end-to-end. The platform automates the dormant-account lifecycle (active to inactive to dormant to escheated), applies state-by-state escheatment rules across 50+ jurisdictions, and handles 58+ government reporting deadlines and 117+ property types. It includes four tightly integrated modules: Escheatment Manager, Disbursement Manager, Outreach Manager, and 1099 Reporting Manager, all sold via a quote-based enterprise SaaS model with implementation services.
Product overview
Eisen is a single unified AI-enabled compliance operations platform composed of four tightly integrated modules: Escheatment Manager (the core module handling dormancy tracking, due-diligence, and state-by-state escheatment reporting), Disbursement Manager (issuing and reconciling personalized payments), Outreach Manager (automating due-diligence notices and customer re-engagement communications), and 1099 Reporting Manager (W-9 collection, TIN matching, and federal/state 1099 filing). Together these modules form Eisen's "Compliance Operations Infrastructure" category, addressing escheatment, unclaimed property, account offboarding (dormant accounts, stale checks, wind downs, force outs), and 1099 tax reporting end-to-end for banks, credit unions, fintechs, brokerages, crypto exchanges, and digital asset companies. The platform currently monitors nearly $16 billion in balances across tens of millions of accounts at nearly 50 companies, including Adyen, Binance.US, BitGo, OKX, and PeoplesBank.
Differentiator
Problem solved
Functional benefit
Products and services
- Escheatment Manager Tracks dormancy across 117+ property types and generates state-compliant escheatment reports in NAUPA II format. Embeds state-by-state escheatment requirements directly into account operations and automates 58+ government reporting deadlines. For banks, credit unions, fintechs, brokerages, and digital asset companies managing unclaimed property compliance.
- Disbursement Manager Issues, reconciles, and monitors payments (ACH, check, wire) with one-click personalized disbursements to customers during wind downs, stale check resolution, and account offboarding. Provides per-payee audit trails and reduces manual errors. For financial institutions, fintechs, and digital asset companies processing customer payouts at scale.
- Outreach Manager Automates required due-diligence notices and supplemental outreach with full audit trails. Generates personalized, trackable messages to keep account holders informed during wind downs and to retain customers before accounts become escheated. For compliance and operations teams at financial institutions, fintechs, and digital asset companies.
- 1099 Reporting Manager Provides W-9 solicitation with timestamped documentation, real-time TIN matching against IRS records, federal e-filing via FIRE (retiring after filing season 2026) and IRIS (filing season 2027 onward), and multi-state filing in a single workflow. Includes a per-payee audit trail ready for IRS inquiry and reasonable-cause defense export. For accounts payable, treasury, and tax compliance teams at businesses issuing 1099s.
Quantifiable outcome
- Prevented more than 31% of at-risk assets from being lost to state custody in 2025
- +5 more outcomes
Companies that use Eisen
Customer profileNamed customers19 records
Segments7 records
Ideal customer profiles4 records
Eisen technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability8 records
Feature6 records
Eisen partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- OnbecoreModernizing Account Offboarding with Instant Digital Payouts. Joint integration enabling instant digital disbursements as part of Eisen's account offboarding flow. Announced June 2024 via PR Newswire.
- Checkbook.iocorePartner to Streamline Disbursements by Financial Institutions. Joint launch of Disbursement Hub to revolutionize payment disbursements. Announced May 2024 via BusinessWire.
- AllianceBernsteincoreNamed as a partner that Eisen has partnered with in escheatment compliance operations. AllianceBernstein is a major asset manager; the partnership supports Eisen's institutional coverage.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Eisen competitors and assessment
Company assessmentDirect peers
- Tipalti: Tipalti provides AP automation and 1099 tax form management — directly overlapping with Eisen's 1099 Reporting Manager and adjacent to disbursement workflows. Comparable fintech-compliance peer serving similar mid-market and enterprise customers.
- Simple Escheat: Simple Escheat is a lightweight escheatment filing tool explicitly referenced in Eisen's competitive materials as a direct competitor that lacks complex asset and multi-state rule support. Closest direct peer in the pure UPP SaaS niche.
Broad incumbents
- Sovos: Sovos is a large global tax compliance SaaS incumbent whose suite includes an unclaimed property (UPP) module. Directly named in Eisen's competitive positioning as the broader incumbent against which Eisen differentiates via purpose-built UPP depth and complex asset coverage.
- Finastra: Finastra is a large banking technology incumbent with core banking and compliance modules serving banks and credit unions — Eisen's Tier 2/3 bank customer base overlaps with Finastra's installed base.
- Avalara: Avalara is a broad tax compliance SaaS platform covering sales tax, VAT, and 1099 reporting — overlapping with Eisen's 1099 Reporting Manager and broader compliance infrastructure positioning. Larger incumbent with established enterprise footprint.
- Vertex Inc. Vertex is an indirect tax compliance incumbent with broader suites that touch 1099 reporting and related compliance operations — adjacent competitor with an enterprise customer base in financial services.
Emerging players
- Trovata: Trovata provides cash management and treasury analytics for fintechs and banks, partially overlapping with Eisen's bank/fintech customer base and adjacent in payment operations infrastructure.
- Foundation: Foundation is an emerging accounting automation platform with overlap in 1099 and compliance operations workflows — comparable in targeting modern fintech and platform customers with compliance-adjacent tooling.
- Modern Treasury: Modern Treasury is a payment operations platform for fintechs and banks covering disbursement, reconciliation, and treasury workflows — partially overlapping with Eisen's Disbursement Manager and adjacent in compliance operations.
Others
- Checkbook.io: Checkbook.io is a digital payments partner that Eisen has integrated with for the Disbursement Hub — adjacent ecosystem participant enabling Eisen's payment disbursement capabilities rather than directly competing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Eisen social profiles
Digital presenceEisen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eisen leadership team
Management profileNumber of profiles
Profiles2 records
Eisen funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eisen 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 Eisen
What does Eisen do?
Eisen is an AI-enabled compliance operations platform that helps financial institutions, fintechs, and digital asset companies manage escheatment, disbursement, and 1099 reporting end-to-end. The platform automates the dormant-account lifecycle (active to inactive to dormant to escheated), applies state-by-state escheatment rules across 50+ jurisdictions, and handles 58+ government reporting deadlines and 117+ property types. It includes four tightly integrated modules: Escheatment Manager, Disbursement Manager, Outreach Manager, and 1099 Reporting Manager, all sold via a quote-based enterprise SaaS model with implementation services.
Is Eisen a public or private company?
Eisen is a private company. It is classified as venture growth investor backed and is currently operating.
When was Eisen founded?
Eisen was founded in 2022. It employs 1 to 10 people.
Where is Eisen based?
Eisen is headquartered in New York, United States, in the North America region.
How does Eisen make money?
Three revenue lines are on record. Subscription / SaaS Fees are the primary driver. The others are implementation Services and subcontractor Engagements.
Who are Eisen's main competitors?
Direct peers on record are Tipalti and Simple Escheat. Broad incumbents are Sovos, Finastra, Avalara and Vertex Inc.. Emerging players are Trovata, Foundation and Modern Treasury. Checkbook.io is listed as an others.
Does Eisen have an API?
No public API is recorded for Eisen.
What industry is Eisen in?
Eisen's product category is Regulatory Compliance Software. Its primary akta.pro industry code is FSAGAAAB, Digital Account Opening & Onboarding (eKYC, eSignature, Origination). Its NAICS code is 522320 and its SIC code is 7372.