Eisen announced $18.5 million in funding, including a $10 million Series A led by MissionOG and a previously unannounced $8.5 million seed round led by Index Ventures. Additional participation came from Cowboy Ventures, First Round Capital, Homebrew, and Restive Ventures. The company plans to use the funding to expand its compliance coverage and grow its team serving fintechs, financial institutions, and digital asset companies.
Eisen develops AI-enabled compliance operations infrastructure for financial services companies, with a focus on escheatment, tax reporting, and disbursement workflows. The company said its platform continuously applies regulatory requirements across all 50 states, replacing spreadsheets, disconnected vendors, and manual compliance processes.
According to Eisen, the platform prevented more than 31% of at-risk assets from being lost to state custody in 2025. The company 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.
The company initially focused on escheatment compliance, an area involving dormant or unclaimed assets that are transferred to state custody. Eisen cited estimates showing roughly 33 million Americans currently have unclaimed property, while states collectively hold nearly $70 billion in consumer assets. The company noted that about $4.5 billion was returned to owners in 2024, though billions more continue flowing out of bank accounts, investment accounts, and crypto wallets annually.
Eisen also highlighted growing regulatory complexity around digital assets. States including California, New York, Delaware, and Florida now classify digital assets as escheatable property, often requiring platforms to liquidate dormant tokens into cash, potentially triggering taxable events for customers. The company said the expanding regulatory framework around stablecoins and digital assets is increasing the need for automated state-by-state compliance infrastructure.
The company said operational teams use Eisen to replace manual workflows and reduce dormant-account risk, while executives use the platform to reduce regulatory exposure, retain customer assets, and maintain customer trust.
KEY QUOTES:
“Every dollar in state custody represents a real person who never expected their money to disappear. The rules governing dormant assets weren’t built for crypto wallets, fintech platforms, or digital-first banking. Most institutions are sitting on 5x to 10x more liability than they realize. Eisen prevents that loss before it happens.”
Allen Osgood, Co-Founder and CEO, Eisen
“Eisen solves a problem every financial institution, fintech, and digital asset company faces every day, and takes both the operational headache and the regulatory risk off the table. Allen and the team have built something rare: an AI-enabled compliance system of record, purpose-built for modern financial services.”
Jason Tiede, Managing Partner, MissionOG And Board Member, Eisen
