Eisen Raises $10M in Series A Funding Led by MissionOG

The funding round followed an earlier $8.5 million Seed round led by Index Ventures, with participation from Cowboy Ventures, First Round Capital, Homebrew, and Restive Ventures.

The company plans to use the funding to expand its compliance services and grow its team supporting fintechs, financial institutions, and digital asset companies.

Eisen already supports compliance areas such as escheatment, tax reporting, and disbursements, and the company sees similar opportunities across the broader compliance process. Operations teams use the platform to automate manual tasks and reduce dormant-account risks, while executives use it to lower regulatory risk, protect customer assets, and maintain customer trust.

In 2025, Eisen helped prevent more than 31% of at-risk assets from being transferred to state custody. The company now monitors nearly $16 billion across tens of millions of accounts for almost 50 companies, including Adyen and Binance. US, BitGo, OKX, and PeoplesBank.

The platform includes state-by-state compliance requirements directly into daily account operations, helping institutions identify dormancy risks earlier, reduce manual compliance work and keep customer assets with customers.

Eisen first focused on escheatment, an area where the problem is much larger than the systems available to manage it. Around 33 million Americans currently have unclaimed property, while states hold nearly $70 billion in forgotten assets, including retirement accounts, insurance payouts and savings accounts. In 2024, about $4.5 billion was returned to owners, but billions of dollars still leave bank, investment and crypto accounts each year.

Escheatment laws are meant to protect customers, but tracking millions of accounts across all 50 states, each with different rules, is extremely difficult for financial institutions. Many companies struggle to keep up with the operational, and compliance demands.

The issue is growing even faster in the crypto industry. States including California, New York, Delaware and Florida now classify digital assets as property that can be subject to escheatment laws. In many cases, platforms are required to sell dormant crypto holdings and convert them into cash, often at prices customers did not choose, which can also create unavoidable tax events.

As the GENIUS Act brings stablecoins and digital assets further into the regulated financial system, companies holding these assets must now follow complex, state-by-state escheatment rules created without cryptocurrency in mind.

Eisen already supports areas such as escheatment, tax reporting, and disbursements, and the company sees similar needs across the broader compliance process. Operations teams use Eisen to automate manual tasks and reduce dormant-account risks, while executives use the platform to lower regulatory risk, retain customer assets, and maintain customer trust.

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"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," said Jason Tiede, Managing Partner at MissionOG and Board Member of Eisen. "Allen and the team have built something rare: an AI-enabled compliance system of record, purpose-built for modern financial services."

"Every dollar in state custody represents a real person who never expected their money to disappear," said Allen Osgood, co-founder, and CEO of Eisen. "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."

About Eisen

Founded in 2022 by Allen Osgood, Eisen is a New York-based compliance infrastructure company serving fintechs and financial institutions that manage customer funds. It's platform replaces spreadsheets, disconnected vendors and manual processes with software that continuously applies regulatory requirements across all 50 U.S. states.

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