Eisen (witheisen.com), a US-based provider of AI-enabled compliance operations for financial institutions, has raised $10 million in Series A funding led by MissionOG. The platform automates account offboarding through escheatment management, disbursements, and 1099 reporting to reduce regulatory risk and manual work for banks, fintechs, and crypto exchanges. The capital will accelerate product development and market expansion amid rising compliance demands.
Unclaimed Property Rules Intensify Pressure
The timing aligns with stricter state enforcement and federal proposals like the SAFER Act 2026, which limits state unclaimed property powers. Sovos has published reports on over $77 billion in unclaimed property with 80% of organizations non-compliant. Eisen's specialized AI approach targets fintech and digital asset firms facing complex dormant account risks, unlike broader tax platforms.
$77B in Forgotten Assets Creates Compliance Burden
States hold more than $70 billion in unclaimed property, with 33 million Americans affected and only $4.5 billion returned in 2024. Financial institutions face fragmented 50-state rules, manual processes, and risks from rising dormant accounts post-pandemic. Crypto platforms in particular are underprepared as assets become eligible for escheatment.
AI Platform Automates Proactive Recovery
Eisen built the first dedicated account offboarding platform with products including Escheatment Manager, Disbursement Manager, and Outreach Manager. It proactively reunites customers with funds before state custody through automated outreach and state-by-state compliance guides. This differs from legacy tools like Sovos or TRACKER by focusing on AI-driven operations and deep integrations rather than broad tax or basic filing software.
As CEO Allen Osgood noted:
"Every dollar in state custody represents a real person who never expected their money to disappear."
MissionOG Leads Fintech Infrastructure Bet
MissionOG led the round with participation from First Round Capital, Cowboy Ventures, Restive Ventures, and prior backer Index Ventures. The syndicate brings fintech and early-stage software expertise, validating Eisen's focus on compliance automation for regulated financial entities. Total funding now reaches $18.5 million.
Compliance Software Market Expands Rapidly
The compliance management software market stands at $60.02 billion in 2025 and is projected to reach $68.4 billion in 2026 at a 14% CAGR. Key drivers include AI automation for regulatory tasks and growing crypto escheatment needs. Eisen monitors $16 billion in customer balances across 50 companies and prevented over 31% of at-risk assets from escheatment in 2025.
Partnerships Signal Banking and Crypto Traction
Recent deployments include partnerships with Adyen, Binance, Raisin, and banks such as Sutton Bank and Blue Ridge Bank. The platform's SOC 2 certification and accuracy guarantees address pain points in multi-jurisdiction reporting that spreadsheets cannot handle efficiently.
Hiring Accelerates Post-Funding
With the new capital, Eisen is expanding engineering, product, and go-to-market teams. Multiple open roles are listed on the company site as it scales operations following the Series A close.