About InDebted
InDebted is a company based in Pyrmont (Australia) founded in 2015 by Josh Foreman.. InDebted has raised $91.79 million across 6 funding rounds from investors including Perennial Partners, AirTree and Australian Retirement Trust. InDebted has completed 4 acquisitions, including AmSher, Debtworks and Delta Outsource Group. InDebted offers products and services including Collect and Receeve. InDebted operates in a competitive market with competitors including Valon Mortgage, CredFlow, Satago, CreditMate and Sidetrade, among others.
- Headquarter Pyrmont, Australia
- Founders Josh Foreman
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Sectors
Financial ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Indebted Holdings Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$91.79 M (USD)
in 6 rounds
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Latest Funding Round
$34.15 M (USD), Series C
Sep 24, 2024
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Investors
Perennial Partners
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
AmSher
& 3 more
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Products & Services of InDebted
InDebted offers a comprehensive portfolio of products and services, including Collect and Receeve. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for outsourcing debt collections with customer experience focus.
Software for simplifying data and improving customer engagement in collections.
Unlock access to complete
Funding Insights of InDebted
InDebted has successfully raised a total of $91.79M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $34.15 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $34.1M
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First Round
First Round
(01 May 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series C - InDebted | Valuation | AirTree | |
| Jul, 2022 | Amount | Series B - InDebted | Valuation | Carthona Capital , MassMutual Ventures |
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| Jul, 2021 | Amount | Series B - InDebted | Valuation | Perennial |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in InDebted
InDebted has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Perennial Partners, AirTree and Australian Retirement Trust. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward early-stage tech startups by AirTree.
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Founded Year | Domain | Location | |
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Early-stage Australian tech companies are invested in by Reinventure Group.
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Founded Year | Domain | Location | |
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US and Australian tech and life sciences are invested in.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by InDebted
InDebted has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AmSher, Debtworks and Delta Outsource Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Debt collection solutions for financial institutions
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2009 | ||||
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Customized debt collection and credit management services are provided.
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2001 | ||||
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Debt collection services are provided nationwide by AmSher specialists.
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1986 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - InDebted
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Indebted Comparisons
Competitors of InDebted
InDebted operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Valon Mortgage, CredFlow, Satago, CreditMate and Sidetrade, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-native marketplace for mortgage loans
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| domain | founded_year | HQ Location |
Cashflow management platform is offered to small and medium enterprises.
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| domain | founded_year | HQ Location |
Provider of a risk management platform for businesses
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| domain | founded_year | HQ Location |
Overdue payments are collected from borrowers for multiple lenders.
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| domain | founded_year | HQ Location |
AI-enabled accounts receivable solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Indebted
Frequently Asked Questions about InDebted
When was InDebted founded?
InDebted was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is InDebted located?
InDebted is headquartered in Pyrmont, Australia. It is registered at Pyrmont, New South Wales, Australia.
Is InDebted a funded company?
InDebted is a funded company, having raised a total of $91.79M across 6 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on May 01, 2017.
What does InDebted do?
InDebted was founded in 2015 by Josh Foreman in Pyrmont, Australia. Debt collection services in the financial sector are delivered through a cloud platform. Operations encompass omnichannel communications, receivable management, payment processing and reconciliation, self-service portals for customers, API integrations, analytics reporting, and compliance monitoring. Additional features include settlement negotiations, dispute handling, payment plan arrangements, data oversight, and performance reporting.
Who are the top competitors of InDebted?
InDebted's top competitors include Valon Mortgage, CreditMate and CredFlow.
What products or services does InDebted offer?
InDebted offers Collect and Receeve.
How many acquisitions has InDebted made?
InDebted has made 4 acquisitions, including AmSher, Debtworks, and Delta Outsource Group.
Who are InDebted's investors?
InDebted has 10 investors. Key investors include Perennial Partners, AirTree, Australian Retirement Trust, Reinventure Group, and Carthona Capital.
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