Eisen

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.

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

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

• Escheatment compliance software
• Unclaimed property management
• Regulatory compliance platform
• 1099 tax reporting
• Dormant account management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. 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.
2. Implementation Services: One-time professional services fees for implementation/onboarding referenced separately in the Master Services Agreement (Implementation Services). Includes onboarding integrations and configuration.
3. 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

Go-to-market motion3 records

Distribution channels3 records

Marketing channels9 records

Core 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

Named customers19 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• OnbecoreTechnology or Integration · 1 June 2024Modernizing 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.iocoreTechnology or Integration · 1 May 2024Partner to Streamline Disbursements by Financial Institutions. Joint launch of Disbursement Hub to revolutionize payment disbursements. Announced May 2024 via BusinessWire.
• AllianceBernsteincoreStrategic or Co-development PartnerNamed 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

Direct 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

• LinkedInlinkedin.com/company/eisen

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds4 records

Investors7 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 Eisen