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§ Private Profile · San Francisco, CA, USA
AI-driven platform automates securities class action recovery for investors, focused on settlements and compensation.
Based in New York, 11thEstate is a financial technology company that provides an artificial intelligence platform to help retail and institutional investors recover losses from securities class action settlements and SEC fair funds. The software automates the recovery process by scanning investment portfolios, identifying eligible claims, and filing the necessary paperwork to secure payouts. To date, the platform has assisted users in claiming more than $100 million from major corporate settlements involving entities such as Apple and Google. The service targets a market where public companies settled $8.1 billion in cases during 2023, yet an estimated 97% of individual investors left their eligible funds unclaimed. In May 2024, the company raised $2 million in seed funding through a round led by Social Leverage, with additional participation from Outside Ventures. 11thEstate was founded by Stan Vick, George Semashko, and Aleksandr Bogdanov.
11thestate has raised $2.0M across 1 funding round.
11thestate has raised $2.0M in total across 1 funding round.
11thestate has raised $2.0M in total across 1 funding round.
11thestate's investors include Social Leverage.
11thestate has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 3, 2024 | $2M Seed | Social Leverage | — | Announced |