# Unclaimed Property Consulting & Reporting

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/unclaimed-property-consulting-reporting

- Industry: Financial Services
- Headquarters: US
- Website: www.upcr-llc.com
- Latest round: Seed (Oct 25, 2019)
- Investors on record: 2

## About

Unclaimed Property Consulting & Reporting LLC offers expertise in unclaimed property compliance, assisting businesses with regulatory challenges through consulting and advanced software solutions.Founded in 2010 in the US, Unclaimed Property Consulting & Reporting LLC specializes in unclaimed property compliance consulting. The firm has completed one deal as of October 25, 2019. The company was formed by a team of experts in compliance and reporting, but specific details regarding the founder's history are not available.UPCR - Unclaimed Property Consulting & Reporting specializes in helping businesses navigate the complexities of unclaimed property compliance. Their core offerings include compliance consulting, data analysis, escheatment eligibility assessments, due diligence mailings, and state report generation, all designed to minimize the risk of non-compliance with industry regulations. Additionally, UPCR provides advanced software solutions such as UPNavigator™, a web-based application that simplifies the unclaimed property reporting process, and InSmart™, a DMF match tracking application that manages research results from various sources. The customer base includes financial service companies, insurance firms, retail organizations, and government agencies across various geographical markets, including the United States and possibly regions with similar regulatory frameworks in Europe and Australia.UPCR generates revenue through a combination of service fees for consulting and compliance outsourcing, along with subscriptions for their proprietary software applications, UPNavigator™ and InSmart™. Clients typically engage UPCR on a fee-for-service basis, where businesses seeking assistance with unclaimed property compliance will contract for specific services, such as data analysis or report generation. Additionally, clients may opt for ongoing subscriptions to UPCR's software solutions, which provide tools for managing unclaimed property reporting and DMF matching. Specific pricing details for these services are structured to accommodate the scale and complexity of each client’s operations, facilitating bespoke solutions tailored to the unique challenges faced by different sectors within the unclaimed property landscape.In October 2019, Unclaimed Property Consulting & Reporting LLC raised an undisclosed amount of Seed funding from new investors HAX and SOSV. The company plans to utilize this funding to enhance its software offerings and expand its market reach. Upcoming products include improvements to UPNavigator™ and the launch of additional features for InSmart™, expected to be released in 2024. UPCR is also targeting expansion into European and Australian markets by 2025, aiming to cater to organizations in those regions facing similar compliance challenges.

## Funding rounds

- Seed, Oct 25, 2019 — SOSV, HAX

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- HAX — Seed