11thEstate Raises $2M Seed Funding

11thEstate, a NYC-based provider of a platform for investors to receive entitlements from securities class action settlements and shareholder compensations, raised $2M in Seed funding.

The round was led by Social Leverage.

The company intends to use the funds to expand operations and development efforts.

11thEstate provides a platform for investors to get compensated in securities fraud cases. Its AI-powered engine scans investor portfolios, finds all available recoveries, handles paperwork, and delivers payouts. It scans the global markets for any available investor compensation, matches it online with the users’ portfolio, submits all the necessary paperwork, and delivers the payout directly to the client’s account.

Since its launch, the platform has helped investors claim over $100 million across major cases like Apple, Google, and FTX. It has partnered with TradingView, empowering the trading social network to help its 550 million users in investment recovery.