FiscalNote Holdings, Inc.

FiscalNote helps organizations track what governments are doing. New laws. New rules. New risks. Tim Hwang founded the company in 2013 in Washington, DC. It went public in 2022.

Policy moves fast and lands in strange places. A rule buried in a state legislature can upend an industry. Big companies and trade groups need to see these changes coming. FiscalNote gathers legislative and regulatory data from around the world and turns it into something usable.

Its platform lets a policy team monitor bills, track how officials vote, and get alerts when something touches their interests. Analysts use it to build a picture of political risk without reading every document by hand.

Picture a large healthcare firm. Dozens of bills across many states could affect how it operates. Missing one could cost millions. FiscalNote watches all of them at once and flags the ones that matter, so the government affairs team can act early.

The company has leaned into AI to summarize policy and answer questions about it. It has also worked to simplify its business after a stretch of heavy spending and acquisitions.

Revenue runs around $110 million a year. The company has cut costs and sold off pieces to steady itself and chase profit. FiscalNote sits in a real niche. Governments never stop making rules, and someone always needs to keep track.