Chimo is a platform that helps U.S. consumers locate and claim unclaimed funds such as class‑action settlements, dormant accounts, and government benefits. By mapping available payouts, automating paperwork, and securely delivering payments, it turns a typically complex, time‑consuming process into a quick, user‑friendly experience, with alerts for new claim opportunities.
Funding
Funding not disclosed
Founders
Product
Problem
Many U.S. consumers are unaware of, or unable to navigate, the complex process required to claim unclaimed funds such as class‑action settlements, dormant accounts, expired gift cards, and government benefits, resulting in billions of dollars remaining unclaimed each year.
Solution
Chimo offers an automated, end‑to‑end platform that identifies eligible unclaimed‑fund opportunities for users based on a brief eligibility questionnaire. After users upload required identification, Chimo’s system files all necessary paperwork, monitors claim status, and delivers payouts through secure, modern payment methods, typically completing the process within minutes. The platform also provides continuous alerts for new claim opportunities and secures personal data with TLS 1.2+ encryption in transit and AES‑256 at rest, following the NIST Cybersecurity Framework.
Target Audience
Primary users are U.S. consumers who may be eligible for unclaimed funds but lack the time or expertise to pursue claims, as well as financial service providers seeking to offer a value‑added claim assistance tool.
Features
- Automated search engine that matches users to relevant unclaimed‑fund opportunities across class actions, dormant assets, gift cards, and government benefits
- Guided eligibility questionnaire and secure ID upload to initiate claims
- Full‑service paperwork filing and claim tracking handled by the platform
- Secure payout delivery via modern payment methods (e.g., ACH, digital wallets)
- Real‑time alerts for newly identified claim opportunities
- Data protection with TLS 1.2+ in transit, AES‑256 at rest, and NIST‑aligned security controls