
Fed10
AI agents that replace your policy consultants
About
Fed10 is a legislative consulting firm staffed by AI agents. We monitor every bill across the U.S., flag threats to your business, and deliver actionable insights — the same work a $500/hr policy consultant does, but in seconds instead of days. Built by three ex-lobbyists who passed legislation together.
Founders
AI Research Report
Problem & Solution
Problem / Solution Report
Problem
- Organizations (corporates, NGOs, trade groups) must track an ever‑increasing volume of legislative activity across all 50 states and the U.S. Congress.
- Traditional workflows rely on expensive policy consultants or internal government‑affairs teams that take days or weeks to surface relevant bills, increasing the risk of missed threats or opportunities and driving high recurring retainer costs.
Fed10’s Solution
- Fed10 offers AI agents that replace policy consultants, continuously monitoring 130,000+ bills nationwide and delivering actionable insights in seconds.
- The platform learns each client’s context—what they act on or ignore—to filter noise and provide personalized alerts, effectively turning a six‑figure monthly consulting retainer into an automated, low‑cost service.
Value Proposition
- Speed – Insights delivered in minutes rather than days.
- Breadth – Full coverage of federal, state and local legislation.
- Personalization – AI models that adapt to the client’s priorities, reducing false positives.
- Cost Reduction – Eliminates the need for high‑priced retainers while maintaining—or improving—coverage quality.
Implementation & Risk Mitigation
- Fed10 emphasizes rapid onboarding and a high‑touch demo process, typical of early‑stage YC companies targeting enterprise buyers.
- Continuous monitoring and relevance learning are highlighted as safeguards against missed critical items, addressing a primary risk for policy‑sensitive organizations.
Overall, Fed10 positions itself as a faster, broader and cheaper alternative to traditional legislative consulting, leveraging the founders’ lobbying experience and AI technology to disrupt the $5‑$6 billion lobbying services market.
Market & Competitors
Market & Competitors Report
Market Context
- Legislative and regulatory intelligence sits at the crossroads of GovTech, public‑affairs software and lobbying services. The market includes both pure‑software platforms and service‑centric firms that augment human analysts with AI.
- Trends driving growth: record federal lobbying spend, expanding state‑level activity, and a rising demand for AI‑powered prioritization, summarization and real‑time alerts.
Key Competitors | Category | Major Players | Core Offering | |---|---|---| | Full‑stack policy intelligence platforms | FiscalNote, Quorum, Bloomberg Government, Politico Pro, LexisNexis State Net | Bill/regulation tracking, data directories, analytics, analyst services | | Service‑centric tracking | Statescape | Human analysts + AI assistance for legislation, regulation and local ordinance monitoring | | Mid‑market / SMB tools | BillTrack50, Plural Policy | Low‑cost self‑serve tracking, AI‑generated summaries, basic alerts |
Competitive Positioning
- Quorum promotes AI‑driven bill tracking, personalized summaries and real‑time alerts, claiming minutes‑level delivery.
- FiscalNote emphasizes breadth (100+ jurisdictions, 12 000+ local governments) and a strong analyst team for custom research.
- Bloomberg Government offers an all‑in‑one premium intelligence stack with news, directories and workflow tools.
- Statescape blends expert human research with AI assistance, targeting clients that need high‑touch analysis.
- BillTrack50 provides transparent, low‑cost pricing (e.g., $420/yr for all states & Congress), catering to the long‑tail of smaller organizations.
Fed10’s Differentiation & Trade‑offs
- Differentiation: Aggressive positioning as “AI agents that replace consultants,” promising minute‑level turnaround and cost disruption of six‑figure retainers. Strong personalization based on client context.
- Trade‑offs: As a new entrant, Fed10 may lack the breadth of coverage (international jurisdictions, deep local government data), mature analyst services, and integrated CRM/advocacy modules that incumbents provide. Proving reliability at enterprise scale will be critical.
NAICS Mapping
- 541511 – Custom Computer Programming Services (AI/software development)
- 541512 – Computer Systems Design Services (policy‑tech platforms)
- 541820 – Public Relations Agencies (government‑affairs consulting)
- 541715 – Research & Development in Physical, Engineering & Life Sciences (AI R&D)
Overall, the market is sizable and fragmented, with a mix of high‑margin software subscriptions and service‑driven revenue streams. Fed10’s AI‑first, consultant‑replacement angle gives it a clear niche, while competitive pressures will center on coverage depth, data quality and the ability to scale its AI models across diverse legislative sources.
Total Addressable Market
Quantitative TAM Report
Anchor 1 – U.S. Lobbying Spend
- OpenSecrets reports that federal lobbying spend hit a record $4.4 billion in 2024 and was over $4.2 billion in 2023. State‑level lobbying added at least $1.4 billion in 2023 (likely an underestimate due to reporting variability). These figures represent the total dollar pool that Fed10 could potentially displace by automating monitoring, triage and insight generation.
Anchor 2 – Policy‑Software Market
- FiscalNote disclosed $120.3 million in total 2024 revenues (92 % subscription). This provides a concrete baseline for the size of the AI‑enabled policy‑intelligence software segment. Other vendors such as Quorum, Bloomberg Government, LexisNexis State Net and BillTrack50 add further revenue, suggesting a market in the low‑hundreds of millions today.
Methodology
- Services‑Displacement Lens – Assuming Fed10 can capture 10‑20 % of the lobbying spend directly tied to monitoring and analysis, the addressable portion is roughly $0.6‑$1.2 billion (10 % of $5.8 billion combined federal + state spend).
- Software‑Expansion Lens – Starting from FiscalNote’s $120 M and adding comparable shares for other platforms yields a current market of $300‑$500 million. With AI‑driven automation expanding use cases (regulatory monitoring, compliance, grassroots outreach) the market could grow to $1 billion+ over the next 3‑5 years.
3‑5‑Year TAM Outlook
- A blended estimate places Fed10’s TAM in the range of $0.6‑$1.5 billion, with upside toward multi‑billion potential if the company expands into deeper state/local coverage, international jurisdictions and adjacent workflows such as regulatory compliance and stakeholder management.
All figures are directional and based on publicly reported spend and vendor revenue data; actual TAM will depend on pricing, adoption speed and the extent to which Fed10 can replace traditional consulting services.
Founder Analysis
Founders and Background Report
Fed10 is a Y Combinator Winter 2026 (W26) GovTech/AI startup founded in 2025 and based in the San Francisco Bay Area. The company is described as a legislative consulting firm staffed by AI agents that monitor every bill across the United States, flag threats, and deliver actionable insights – the same work traditionally performed by high‑cost policy consultants.
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Armand Iorgulescu – Founder & CEO
- Former government‑affairs practitioner who “passed legislation.”
- Education: Harvard University, Class of ’29, Government & Computer Science.
- Role: Leads the overall vision and product strategy, leveraging both policy experience and technical expertise.
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Winston Wei – Founder & COO
- Prior experience in government affairs and a background in both Computer Science and Political Science from Williams College.
- Also credited with having “passed legislation.”
- Role: Oversees operations, product delivery and customer‑success functions.
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Zayan Islam – Founder
- Focuses on government affairs and outreach to prospective users in that domain.
- Background emphasizes strong engagement with the government‑affairs function.
Additional signals from the Fed10 LinkedIn page categorize the company under Government Relations Services and list a team size of 2‑10 employees, confirming the early‑stage nature of the venture. The combination of ex‑lobbyist experience, elite academic credentials and YC backing underscores a deep domain expertise that aligns with Fed10’s AI‑first legislative‑intelligence proposition.
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