Photo - 11thestate
60935

11thestate

USA, California
Market: Financial services
Stage of the project: Operating business

Date of last change: 31.10.2023
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equalizer from 2000
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Idea

AI-driven platform for investors to join securities class actions and collect settlements when $5B+ is left unclaimed in the US alone. Plus, our users can sell their claim rights for immediate cash.

Current Status

Post-revenue with $200k+ ARR, scaling ~50% MoM, claimed $40M+ in compensations, recovered $1M+ for investors, have built a $700K+ revenue pipeline.

Problem or Opportunity

Annually investors are settled with ~$7.5B in securities fraud cases. Meanwhile, ~96% of private investors do not claim their payouts due to a lack of awareness and complicated processes.

Solution (product or service)

Our AI-driven engine catches all securities fraud cases on the market and matches them with investor portfolios, allowing investors to collect entitled payouts in 1 click.

Business model

We charge a 20% cut for settlement processing or 35% in case of claim buyout.

Team or Management

Invention/Patent

Provisional Patent Application for Platform Engine
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Idea
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