FiscalNote's New PolicyNote Platform Surpasses Legacy FiscalNote Platform in Daily Usage as Customer Adoption Accelerates
PolicyNote's Ease of Use and Quick Time-to-Value Enable Worldwide Scale
Potential Stablecoin Integration Could Further Facilitate International Expansion
FiscalNote (NYSE:NOTE), a leading AI-driven policy and regulatory intelligence company, today announced that PolicyNote, its next-generation flagship platform, now surpasses the legacy FiscalNote platform in daily active users, a key milestone in customer engagement and product adoption. The rapid growth is fueled by PolicyNote's intuitive design and quick time-to-value, enabling customers to achieve results with minimal friction. As FiscalNote continues to enhance PolicyNote, it expects to unlock incremental long-term international growth by enabling global organizations to discover, provision, and realize value from the platform without the need for significant support. To facilitate this expansion and streamline cross-border transactions, the Company is evaluating the use of stablecoins as a payment option for international customers.
The growth in daily active users on PolicyNote reflects strong customer engagement driven by the Company's high-velocity product innovation. Customer activity continues to exceed or meet key benchmarks, including usage of PolicyNote's advanced AI capabilities to generate insights and streamline workflows. Since the launch of PolicyNote in January of this year, the Company has consistently added new features and improvements, including its Presidential Actions widget, tariff monitoring, AI-powered alert explanations and relevancy scoring, and AI-powered bill forecasts and AI-powered detection of similar bills announced earlier this month. As part of that continued investment, the platform's recently redesigned setup and onboarding flow has further accelerated engagement, helping customers see measurable impact more quickly. Users are now creating and configuring their AI-powered alerts far more quickly: average time to first alert is 94% faster in PolicyNote.
With its streamlined design and intuitive user experience, PolicyNote is built to scale globally, and the Company is exploring stablecoins as a means to reduce friction in global transactions. While approximately 90% of FiscalNote's current revenue comes from customers headquartered in the United States, the platform's self-service capabilities will enable the Company to expand its reach internationally, delivering value to new global customers with greater speed and efficiency, while continuing to provide high-touch curation and support for its existing client base. To simplify cross-border transactions and reduce onboarding friction for non-U.S. customers, FiscalNote is evaluating enablement of stablecoins as an additional payment method. This initiative aligns with the evolving regulatory landscape and supports the Company's strategy to accelerate product-led growth in international markets.
"PolicyNote's rapid growth reflects our disciplined focus on customer experience, speed to impact, and sustained product innovation," said Josh Resnik, CEO & President of FiscalNote. "This momentum is a clear signal that our strategy is working and that customers are seeing the benefit. As we build towards global, product-led expansion, exploring stablecoin payments reflects our commitment to removing barriers to customer engagement as we reduce friction, scale faster, and reach new markets."
For more information about FiscalNote's suite of AI-powered policy and regulatory solutions, visit www.fiscalnote.com.
About FiscalNote
FiscalNote (NYSE:NOTE) is the leading provider of AI-driven policy and regulatory intelligence solutions. By uniquely combining proprietary AI technology, comprehensive data, and decades of trusted analysis, FiscalNote helps customers efficiently manage political and business risk. Since 2013, FiscalNote has pioneered solutions that deliver critical insights, enabling effective decision making and giving organizations the competitive edge they need. Home to PolicyNote, CQ, Roll Call, VoterVoice, and many other industry-leading products and brands, FiscalNote serves thousands of customers worldwide with global offices in North America, Europe, and Asia. To learn more about FiscalNote and its suite of solutions, visit FiscalNote.com and follow @FiscalNote.
Safe Harbor Statement
Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or FiscalNote's future financial or operating performance. For example, statements regarding FiscalNote's financial outlook for future periods, expectations regarding profitability, capital resources and anticipated growth in the industry in which FiscalNote operates are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "pro forma," "may," "should," "could," "might," "plan," "possible," "project," "strive," "budget," "forecast," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements.
Factors that may impact such forward-looking statements include:
- FiscalNote's concentration of revenues from U.S. government agencies, changes in the U.S. government spending priorities, dependence on winning or renewing U.S. government contracts, delay, disruption or unavailability of funding on U.S. government contracts, and the U.S. government's right to modify, delay, curtail or terminate contracts;
- FiscalNote's ability to successfully execute on its strategy to achieve and sustain organic growth through a focus on its core Policy business, including risks to FiscalNote's ability to develop, enhance, and integrate its existing platforms, products, and services, bring highly useful, reliable, secure and innovative products, product features and services to market, attract new customers, retain existing customers, expand its products and service offerings with existing customers, expand into geographic markets or identify other opportunities for growth;
- FiscalNote's future capital requirements, as well as its ability to service its repayment obligations and maintain compliance with covenants and restrictions under its existing debt agreements;
- demand for FiscalNote's services and the drivers of that demand;
- the impact of cost reduction initiatives undertaken by FiscalNote;
- risks associated with international operations, including compliance complexity and costs, increased exposure to fluctuations in currency exchange rates, political, social and economic instability, and supply chain disruptions;
- FiscalNote's ability to introduce new features, integrations, capabilities, and enhancements to its products and services, as well as obtain and maintain accurate, comprehensive, or reliable data to support its products and services;
- FiscalNote's reliance on third-party systems and data, its ability to integrate such systems and data with its solutions and its potential inability to continue to support integration;
- FiscalNote's ability to maintain and improve its methods and technologies, and anticipate new methods or technologies, for data collection, organization, and analysis to support its products and services;
- potential technical disruptions, cyberattacks, security, privacy or data breaches or other technical or security incidents that affect FiscalNote's networks or systems or those of its service providers;
- competition and competitive pressures in the markets in which FiscalNote operates, including larger well-funded companies shifting their existing business models to become more competitive with FiscalNote;
- FiscalNote's ability to comply with laws and regulations in connection with selling products and services to U.S. and foreign governments and other highly regulated industries;
- FiscalNote's ability to retain or recruit key personnel;
- FiscalNote's ability to adapt its products and services for changes in laws and regulations or public perception, or changes in the enforcement of such laws, relating to artificial intelligence, machine learning, data privacy and government contracts;
- adverse general economic and market conditions reducing spending on our products and services;
- the outcome of any known and unknown litigation and regulatory proceedings;
- FiscalNote's ability to maintain public company-quality internal control over financial reporting; and
- FiscalNote's ability to protect and maintain its brands and other intellectual property rights.
These and other important factors discussed in FiscalNote's SEC filings, including its most recent reports on Forms 10-K and 10-Q, particularly the "Risk Factors" sections of those reports, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by FiscalNote and its management, are inherently uncertain. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place reliance on forward-looking statements, which speak only as of the date they are made. FiscalNote undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
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Media
Yojin Yoon
FiscalNote
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Investor Relations
Bob Burrows
FiscalNote
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