FiscalNote
FiscalNoteX / TwitterLinkedIn

Helping companies navigate pending legislation changes

Founders
Gerald YaoJonathan ChenTim Hwang
645 Deal Team
Aaron Holiday
Industry
Enterprise
Entry Stage
Series A
Status
IPO
Investment Date
2014
Company Overview

FiscalNote uses artificial intelligence and big data to deliver predictive analytics of governmental action to determine its impact. FiscalNote supports thousands of organizations and provides data from over 18 countries to reinvent the way organizations find and monitor policy at all levels.

Investment Rationale

When 645 first met the founders in 2014, we were blown away by the drive and conviction of the team. Despite their relatively young age, they had identified an acute problem in a massive market and were positioned well to go after it. They were backed by premier early investors and were exceptional at evangelizing the vision that they saw before them. Our assessment is even more true today than it was in 2014 and we feel exceptionally fortunate to be on this journey with them.

Exit Summary

FiscalNote and Duddell Street Acquisition Corp. (SPAC) moved forward with a business combination in which Duddell Street effectively acquired FiscalNote to take it public via IPO while securing up to $250 million in capital to support the deal. The transaction was strategic because the expanded financing and enhancements to the merger structure provide FiscalNote with stronger financial backing and flexibility to accelerate growth, invest in its product and go-to-market efforts, and support its M&A strategy as it prepares to trade publicly on the Nasdaq. After closing, the combined company is positioned to operate as a publicly traded entity with significant capital to fuel expansion and execute its long-term growth objectives in AI-driven policy and regulatory intelligence.

In the News

The latest articles on FiscalNote’s product releases, fundraising, and awards.

FiscalNote Unveils New Breakthrough in PolicyNote: AI-Powered, Personalized Impact Summaries
Product Launch·BusinessWire
Dec 2025
FiscalNote Introduces AI-Powered Bill Comparison in PolicyNote
Product Launch·FiscalNote Investors
Oct 2025
FiscalNote Accelerates AI Innovation with New Enhancements to PolicyNote for Legislative Forecasting, Alerts, and Bill Discovery
Product Launch·Yahoo Finance
Jun 2025
FiscalNote Enhances PolicyNote Platform With Launch of Dedicated Tariff Tracker
Product Launch·BusinessWire
Apr 2025
FiscalNote Celebrates Public Company Debut
Major Announcement·Fiscalnote
Aug 2022
FiscalNote Strikes $1.3 Billion SPAC Deal
Major Announcement·WSJ
Nov 2021
FiscalNote buys English advisory firm Oxford Analytica
M&A·Business Journals
Feb 2021
FiscalNote raises $160M to fund expansion
Raised·Business Journals
Dec 2020
Started With A Cold Email To Mark Cuban
Profile·Forbes
Aug 2019
FiscalNote To Buy CQ Roll Call
M&A·Washington Post
Jul 2018
Can big data predict what will pass Congress?
Profile·Washington Post
Jan 2018
FiscalNote snares $7M from the Winklevoss and Others
Raised·Washington Post
Nov 2014
FiscalNote Raises $1.2M From Mark Cuban And Others
Raised·TechCrunch
Sep 2013