Social Leverage Announces $2 Million Seed Investment in 11thEstate

We are thrilled to announce that Social Leverage has led a $2 million seed round investment in 11thEstate, a platform dedicated to helping investors recover entitlements from securities class action settlements and shareholder compensations. 

Empowering Investors with 11thEstate

11thEstate, founded by Stan Vick, is transforming the way investors recover their losses from securities class action settlements. The platform’s AI-driven engine simplifies the process of claiming entitlements, ensuring that millions of investors can access the billions of dollars left unclaimed each year. In 2023 alone, public companies settled $8.1 billion, yet a staggering 97% of individual investors and 66% of institutional investors did not claim their due recoveries. 

Stan Vick’s personal experience with investment loss and his discovery of countless others in similar situations led him to create 11thEstate. His vision is to make investment recovery as automatic and seamless as receiving dividends. Since its inception, 11thEstate has helped investors claim over $100 million in major cases involving companies like Apple, Google, and Wells Fargo.

Strategic Partnership and Growth

On behalf of Social Leverage, I will be taking a board seat where I will use my previous experience and expertise learned in my roles at Third Point and WorldQuant to advise on strategy.

11thEstate’s mission to democratize investment recovery aligns seamlessly with Social Leverage’s focus on innovative fintech solutions. By providing a developer-friendly API, 11thEstate is expanding its reach beyond direct-to-consumer offerings, forming partnerships with fund managers, advisors, broker-dealers, custodians, and financial institutions.

A Collaborative Effort

Joining us in this round of investment are Outside Ventures, Blank Ventures, and notable angel investors like Evan Rapoport, founder of SmartX, and Chris Camillo, founder and co-host of DumbMoney.tv. Their support underscores the broad belief in 11thEstate’s potential to revolutionize investment recovery.

About 11thEstate

11thEstate is at the forefront of investment recovery technology. Its AI-powered platform scans investor portfolios, identifies available recoveries, handles all paperwork, and delivers payouts directly to clients’ accounts. This approach ensures that investors can effortlessly claim their rightful settlements and shareholder compensations. For more information, visit 11thEstate.com.

At Social Leverage, we are excited to support 11thEstate in their journey to transform the landscape of investment recovery, ensuring that millions of investors can finally access the funds they are entitled to.