About Indico Data
Indico Data is a company based in Boston (United States) founded in 2014 by Madison May, Alec Radford, Diana Yuan, and Slater Victoroff.. Indico Data has raised $73.22 million across 15 funding rounds from investors including Guidewire, Aviva and Nationwide. Indico Data offers products and services including Decision Automation Platform and Intelligent Intake. Indico Data operates in a competitive market with competitors including Sedgwick, Informatica, Nexla, Encompass and Moody's Analytics, among others.
- Headquarter Boston, United States
- Founders Madison May, Alec Radford, Diana Yuan, Slater Victoroff
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Sectors
TechnologyFinancial Services
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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 Indico Data Solutions, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$73.22 M (USD)
in 15 rounds
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Latest Funding Round
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Investors
Guidewire
& 14 more
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Employee Count
Employee Count
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Products & Services of Indico Data
Indico Data offers a comprehensive portfolio of products and services, including Decision Automation Platform and Intelligent Intake. 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.
Automates document processing for faster decision-making in insurance.
Streamlines data ingestion and classification for underwriting tasks.
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Funding Insights of Indico Data
Indico Data has successfully raised a total of $73.22M across 15 strategic funding rounds. 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 15
- Last Round Last Round
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First Round
First Round
(10 Apr 2014)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series B - Indico Data | Valuation |
investors |
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| Jun, 2024 | Amount | Series B - Indico Data | Valuation | .406 Ventures | |
| Dec, 2020 | Amount | Series B - Indico Data | Valuation | Jump Capital , Sandbox Insurtech Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Indico Data
Indico Data has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Guidewire, Aviva and Nationwide. 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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Venture capital and funds of fund firm focused on multiple sectors
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Early-stage tech companies are supported through venture capital investments.
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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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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 Indico Data
| 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 |
Financial Statements - Indico Data
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Indico Data Comparisons
Competitors of Indico Data
Indico Data 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 Sedgwick, Informatica, Nexla, Encompass and Moody's Analytics, 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 |
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| domain | founded_year | HQ Location |
Claims administration, loss adjusting, and benefits management services are provided.
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| domain | founded_year | HQ Location |
Cloud based enterprise data preparation and management platform
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| domain | founded_year | HQ Location |
An AI-powered platform for data integration and management is developed.
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| domain | founded_year | HQ Location |
Corporate Digital Identity and KYC solutions are provided by Encompass.
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| domain | founded_year | HQ Location |
Risk management software is supplied for insurance and various sectors.
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| domain | founded_year | HQ Location |
Platform offering insurance risk management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Indico Data
Frequently Asked Questions about Indico Data
When was Indico Data founded?
Indico Data was founded in 2014.
Where is Indico Data located?
Indico Data is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Indico Data?
Tom Wilde is the current CEO of Indico Data.
Is Indico Data a funded company?
Indico Data is a funded company, having raised a total of $73.22M across 15 funding rounds to date. The company's 1st funding round was a Series B of $22M, raised on Apr 10, 2014.
What does Indico Data do?
Indico Data was founded in 2014 and is based in Boston, United States, within the data management sector. Automation of unstructured data handling is enabled through AI-interfaced software that integrates files, images, and documents into enterprise workflows. Services encompass data classification, RPA platform ingestion, attribute creation, and OCR quality controls. Low-code workflow planning, validation, governance, metadata search, discovery, comparison, error analytics, and NLP for semantic comprehension are also supported.
Who are the top competitors of Indico Data?
What products or services does Indico Data offer?
Indico Data offers Decision Automation Platform and Intelligent Intake.
Who are Indico Data's investors?
Indico Data has 15 investors. Key investors include Guidewire, Aviva, Nationwide, Techstars, and Jump Capital.
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