About Indio
Indio is a Financial Services company based in San Francisco (United States) founded in 2015, and was acquired by Applied in December 2019. It operates as a saaS-based solutions for commercial insurance agency management are offered. Indio has raised $30 million across 5 funding rounds from investors including Applied Systems, Menlo Ventures and 8VC. The company has 67 employees. Its website useindio.com draws about 165 thousand monthly visits. Indio offers products and services including Indio Platform. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Software for Insurance Intermediaries. Its legal entity is INDIO TECHNOLOGIES, INC. Its competitors include Wefox, Keystone Agency Partners, Agentero, Zywave and Stubben Edge and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Indio was founded in 2015 and is headquartered in San Francisco, United States. SaaS-based agency management solutions are provided by the company for commercial insurance brokers. Application and renewal management processes are supported, along with back-office operations and data management. The focus is placed on streamlining workflows within the insurance sector.
- Headquarters San Francisco, United States
- Employees 67
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Insurance
- Website useindio.com
- Social LinkedIn X
- Acquired by Applied (Dec 2019)
- Legal Name Indio Technologies, Inc.
- Total Equity Funding$30M (USD)
in 5 rounds
- Latest Funding Round$22M (USD), Series B
May 2019
- InvestorsApplied Systems
& 10 more
- Employee Count67
- Acquired byApplied
(Dec 2019)
Products & Services of Indio
Indio offers a comprehensive portfolio of products and services, including Indio Platform.
Digital tool for streamlining insurance applications and renewals
Funding Insights of Indio
Indio has successfully raised a total of $30M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in May 2019. 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 $30M
- Total Rounds 5
- Last Round Series B — $22M
- Investors Count 10
All 5 funding rounds of Indio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2019 | $22M | Series B | – | Menlo Ventures | |
| Oct 2018 | – | Series A | – | NFP Venture | – |
| Jan 2018 | $6M | Series A | – | 8VC | |
| Nov 2016 | $2M | Seed | – | New Enterprise Associates, Compound | – |
| Jun 2016 | – | Seed | – | Right Side Capital Management | – |
11 investors in total: 11 institutional.
Investors in Indio
Indio has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Applied Systems, Menlo Ventures and 8VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | – | menlovc.com | - | |
Venture capital firm investing in technology, life sciences, and related sectors. | – | 8vc.com | - | |
Venture capital firm focused on fintech & insurtech sectors | – | nfpvf.com | Manhattan, United States | |
Venture capital and acceleration are provided to tech startups. | – | 500.co | Ho Chi Minh City, Vietnam | |
Seed and early-stage tech investments are made in the US. | – | meruscap.com | Menlo Park, United States | |
Compound is recognized as a thesis-driven investment firm. | – | compound.vc | New York, United States | |
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
- | – | acceleprise.vc | - | |
Pre-seed stage Micro VC firm investing in the US and Canada | – | rightsidecapital.com | San Francisco, United States | |
- | – | hiscox.com | - |
Investor details for Indio
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Indio
365 people are tracked at Indio (111 in leadership, 254 in team); the tracked headcount is 67.
| Name | Role | Group |
|---|---|---|
Manoj Mathew | Director Of Devops | Leadership |
Ricky Lopez | Vice President Consulting Services | Leadership |
Tom Roshar | Vice President Of Sales - Benefits | Leadership |
Brandon Hellevang | Vp, Sales | Leadership |
Kara Harris-Crowell | Senior Vice President - Sales Enablement & Solution Consulting | Leadership |
Trevor Bunker | Chief Customer Officer | Leadership |
Rich Belanger | CTO | Leadership |
Courtney Rains | CMO | Leadership |
Taylor Rhodes | CEO | Leadership |
Tom Needs | CEO, Applied Systems Europe | Leadership |
Graham Blackwell | CFO | Leadership |
Jeffrey D. Purdy | Chief Revenue Officer | Leadership |
Francesco Poggiani | Sr. People Business Partner (strategic Growth) | Leadership |
Anupam Gupta | Chief Product Officer | Leadership |
Bridget Penney | Chief People Officer | Leadership |
Rahul S. | Senior Director | Leadership |
Jess Castro | Sr. People Business Partner | Leadership |
Brittany Smith | Chief Financial Officer | Leadership |
Sarah Osborne | Director of Sales | Leadership |
Lauren Malcolm | Director Of Communications | Leadership |
345 more people are available in the full profile.
Complete people profiles for Indio
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Indio
4 dated milestones of Indio across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Indio is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $22.0M.
- Exit Acquired by Applied.
Competitors of Indio
Indio has 9 listed competitors in our database, 7 of them funded. They include Wefox, Keystone Agency Partners, Agentero, Zywave and Stubben Edge, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wefox.com | 2015 | Berlin, Germany | $1.61B | 394 | App-based P&C insurance comparison platform for individuals | |
| keystoneagencypartners.com | 2020 | Harrisburg, United States | – | 418 | Insurance agency management solutions are provided to the industry. | |
| agentero.com | 2017 | Berkeley, United States | $23.5M | – | App-based management solutions for insurance agents are offered. | |
| zywave.com | 1995 | Milwaukee, United States | – | 679 | Cloud-based agency management solutions are provided for the insurance industry. | |
| stubbenedge.com | 2010 | London, United Kingdom | $37.1M | 63 | Cloud-based management solutions are provided for insurance brokers. | |
| iprism.co.uk | 2006 | London, United Kingdom | $11.92M | 42 | SME insurance portfolios are managed via an online broker platform. | |
| veruna.com | 2015 | Boston, United States | $15.1M | 45 | Agency management software is offered for insurance agents. | |
| sixfold.ai | 2023 | New York, United States | $21.5M | – | AI-based generative tools provider for insurance underwriters | |
| thinksurance.de | 2015 | Frankfurt Am Main, Germany | $38.51M | 69 | Insurance distribution is enabled via specialized software platforms. |
Detailed competitors of Indio
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Indio
The website of Indio (useindio.com) receives about 165K visits a month and ranks #160,489 among all websites worldwide, #945 in Insurance.
- Monthly visits165K
▲ 3.2% vs previous month
- Unique visitors56.6K
per month
- Global rank#160,489
among all websites
- Category rank#945
Finance · Insurance
- Bounce rate24%
- Pages per visit8.7
- Average visit5 min 28 sec
- DevicesDesktop 76% · Mobile 24%
Websites whose visitors overlap most with Indio. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| insuredmine.com | 100% | 59K | #733,908 | View details | |
foragentsonly.com | foragentsonly.com | 85% | – | #18,718 | – |
| chase.com | 68% | 198.6M | #125 | View details | |
| americanexpress.com | 56% | 107.4M | #276 | View details | |
| bankofamerica.com | 53% | 113.9M | #258 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Indio
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Insurance Technology & Support Services
10 companies that operate in the same segment as Indio (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | 699 | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Uusimaa, Finland | USD 1.25 B | USD 111.51 M | 1,156 | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | 649 | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 215 M | – | 109 |
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Related news about Indio
Complete news archive for Indio
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Frequently Asked Questions about Indio
Indio was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Indio is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Indio is a funded company, having raised a total of $30M across 5 funding rounds to date.
Indio has 67 employees.
Indio was founded in 2015 and is headquartered in San Francisco, United States. SaaS-based agency management solutions are provided by the company for commercial insurance brokers. Application and renewal management processes are supported, along with back-office operations and data management. The focus is placed on streamlining workflows within the insurance sector.
Indio's top competitors include Wefox, Stubben Edge and Agentero.
Indio offers Indio Platform.
Indio has 11 investors. Key investors include Applied Systems, Menlo Ventures, 8VC, NFP Venture, and 500 Global.
Indio operates through Indio Technologies, Inc..
Yes. Indio was acquired by Applied in December 2019.
The website of Indio receives about 165 thousand visits a month and ranks #160,489 among all websites worldwide.