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How do you know if you’ve picked the right wedge to crack open a big market? The ultimate answer is easier than you might think: your customers will tell you. When Eisen’s CEO Allen Osgood navigated their own idea maze and ended up with escheatment as the best ‘entry product’ for the financial services industry, we had two reactions. First, ‘we’re in.’ Second, ‘what’s escheatment?’ [Jk, Satya already knew what escheatment was so it was only Hunter who asked that].
Escheatment is the requirement to track and transfer unclaimed/dormant funds from closed accounts, payments which failed to be delivered, and so on. With the explosion in financial account-holding companies (think not just banks but fintech, crypto, gaming, prediction markets, and so on), this compliance function has grown similarly, but without the modern tools to manage the processes. That’s where Eisen comes in.
In 2025, Eisen prevented more than 31% of at-risk assets from being lost. The company now monitors nearly $16 billion in balances across tens of millions of accounts at nearly 50 companies, including Adyen, Binance.US, BitGo, and Ramp. And this is just the beginning: Eisen has expanded beyond escheatment into a broader compliance operations platform that handles tax reporting, dormancy and account risk monitoring, and customer lifecycle workflows. Operational teams use Eisen to replace manual workflows and prevent dormant account risk; executives rely on it to reduce regulatory exposure, retain customer assets, and protect customer trust.
And now they are pleased to announce $18.5 million in financing across their seed and newly closed Series A and share wonderful coverage in Fortune. Homebrew has been there the whole time and enjoyed seeing this team hear “YES” from their customers to the tune of millions and millions in recurring revenue.
If Eisen sounds like they could be a partner to your company, please let them know. And if you’re interested in working at this NYC-based startup, they’re hiring.