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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Indico: Intelligent Process Automation through powerful machine learning technologies.
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.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Document Automation
Technology
AI, Machine Learning
Tags
Fintech, SaaS
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
Global
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 many employees does Indico Data have?
Indico Data has 75 employees as of Feb 5, 2024.
How much has Indico Data raised to-date?
As of July 05, 2023, Indico Data has raised a total of $30.4M (USD) since Dec 14, 2020.
Add Comparison
Total Raised to Date
$30.4M
USD
Last Update Dec 14, 2020
Last Deal Details
$22M
USD
Dec 14, 2020
Series B
Total Employees Over Time
75
As of Feb 2024
Indico Data Address
Boston,
Massachusetts
02134
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts