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Indico Data
AddedFeb 15, 2024
UpdatedJul 3, 2026
Indico Data

Indico Data

Series B

Indico: Intelligent Process Automation through powerful machine learning technologies.

HQ
Boston, MA, US
Founded
2013
Accelerator
Techstars logoTechstars: Boston2014
Overview
Compare
Fundraising
Employees
Website

Indico Data, founded with a mission to revolutionize document processing through intelligent automation, focuses on the insurance, finance, and healthcare sectors. Their core product, the Intelligent Intake solution, automates document ingestion, enabling faster and more accurate decision-making. This leads to improved loss ratios, enhanced customer satisfaction, and accelerated revenue growth. Indico Data aims to provide ultimate flexibility and maximize value through a collaborative approach, elevating document intake processes across entire enterprises.

Notable figures affiliated with Indico Data include its co-founders and key investors from prominent venture capital firms. The company has achieved significant recognition, including top honors in Everest Group’s Intelligent Document Processing (IDP) PEAK Matrix. Indico Data's impact is evident in its ability to streamline operations and drive efficiency in critical industries, thereby contributing to substantial cost savings and improved operational outcomes for its clients.

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Indico Data - Quick Facts

Who are Indico Data's competitors?

Companies similar to Indico Data include Pythonic AI, Docsumo, Super.AI and Handl.

When was Indico Data founded?

Indico Data was founded in 2013.

Where is Indico Data's headquarters located?

Indico Data's headquarters is located in Boston, MA, US.

When was Indico Data's last funding round?

Indico Data's most recent funding round was for $22M (USD) in December 2020.

How much has Indico Data raised to-date?

As of Dec 14, 2020, Indico Data has raised a total of $30.4M (USD).

How many employees does Indico Data have?

Indico Data has 75 employees as of Feb 5, 2024.

Indico Data - Classification

Ownership
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Document Automation
Tags
  • Fintech
  • SaaS
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 5 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7372Prepackaged Software