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FiscalNote

FiscalNote — AI-powered policy intelligence for government affairs, serving over half the Fortune 100 from Washington, DC.

FiscalNote

FiscalNote was born in June 2013 when Hwang, Yao, and Chen flew from Maryland to Silicon Valley with little more than an idea and returned with venture backing. The company has since built a suite of tools — PolicyNote for bill tracking, VoterVoice for digital advocacy, and CQ for nonpartisan Congressional coverage — that collectively cover U.S. state, federal, and global policy. The firm's strategy blends software subscriptions with professional services: clients pay for the PolicyNote API, analyst bandwidth, and advocacy campaign tools. Known customers span more than half the Fortune 100, plus government agencies and nonprofits. Geographic coverage includes every U.S. state and the EU, with a dedicated team tracking European energy and sustainability regulation. FiscalNote disclosed no revenue or profit figures on its website, though the 2022 SPAC merger that took it public valued the company at roughly $1.3B. Leadership runs lean — a single CEO-and-President, a combined CFO-and-CIO, and product/engineering heads. The firm maintains offices in Washington, DC and Beijing, China. The structural differentiator is FiscalNote's AI-plus-human pipeline: it ingests raw legislative text across jurisdictions, then layers on editorial analysis from its CQ and Roll Call journalists. That combination — algorithm at scale, human judgment for nuance — creates a moat against pure-play data vendors and traditional law firms alike.

General information

Firm type

other

Year founded

2013

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Washington

Corporate office

Washington, DC, United States

Additional offices

Beijing, China

Principals

Josh Resnik

CEO & President

Tim Hwang

Founder and Executive Chair

Gerald Yao

Co-Founder and Board Director

Jonathan Chen

Co-Founder

Jon Slabaugh

Chief Financial Officer & Chief Investment Officer

Todd Aman

Chief Legal and Administrative Officer

Yojin Yoon

Vice President, Operations

Jason Dick

Editor in Chief, CQ and Roll Call

Taryn McKinnon

Vice President, Marketing

Can Babaoglu

Chief Product Officer

Annie Rogowsky

Vice President, Financial Planning & Analysis

Greg Alexander

Senior Vice President, Technology & Engineering

Becki Miltenberger

Senior Vice President, Sales

Janine Lydon

Vice President, People

Paul Donnell

Chief Accounting Officer

Dakota Braun

Vice President, Partnerships & Content Operations

Sector focus

Enterprise SoftwareAI/MLPublic Policy TechData & Analytics

Frequently asked questions

Who runs investment decisions at FiscalNote?

Investment decisions are overseen by Josh Resnik as CEO & President and Jon Slabaugh as CFO & Chief Investment Officer. The board includes co-founders Tim Hwang and Gerald Yao, who set strategic direction (per FiscalNote's leadership page).

How does FiscalNote source proprietary data?

FiscalNote ingests raw legislative and regulatory text from U.S. state and federal governments, plus global bodies such as the EU. It layers on editorial analysis from its CQ and Roll Call journalists, distinguishing it from pure data scrapers (per FiscalNote's about page).

Is FiscalNote structured as a family office or a publicly traded company?

FiscalNote is a public company, having gone public via a SPAC merger in 2022. It is not a family office, though its co-founders maintain board seats and strategic control.

Does FiscalNote participate in fund commitments or only direct deals?

FiscalNote does not appear to make allocator-style fund commitments. It operates as a software and information-services company, selling subscriptions and professional services to corporate and government clients.

What investment stages does FiscalNote typically target?

As an operating company, FiscalNote does not target investment stages. It raised venture capital in its early years, but now focuses on organic growth and its public-market capital structure.

Which sectors does FiscalNote specifically cover?

FiscalNote's policy coverage spans every sector that engages in government affairs — energy, healthcare, technology, chemicals, and more. Its AI platform tags bills by industry, but the company does not explicitly avoid any sector (per its website's resource library and blog posts).

Where does FiscalNote's underlying revenue come from?

Revenue comes from subscriptions to PolicyNote, VoterVoice, and CQ products, plus professional services from its policy analysts. The firm states it has thousands of customers, including over half the Fortune 100 (per FiscalNote's about page).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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