About Indix
Indix is a company based in Seattle (United States) founded in 2010 was acquired by Avalara in February 2019. Indix has raised $29.99 million across 5 funding rounds from investors including Avalara, Nexus Venture Partners and NGP Capital. The company has 69 employees as of December 31, 2019. Indix operates in a competitive market with competitors including SPINS, Intelligence Node, Crisp, Wiser and Daasity, among others.
- Headquarter Seattle, United States
- Employees 69 as on 31 Dec, 2019
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Sectors
RetailTechnology
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People of Indix
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Software Development Team
168 people
Leadership Team
61 people
Product Management Team
58 people
Senior Team
50 people
Customer Team
50 people
Sales and Marketing
43 people
Legal and Compliance
32 people
Data Analysis and Operations Team
18 people
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Funding Insights of Indix
Indix has successfully raised a total of $29.99M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in June 2015. 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.
Investors in Indix
Indix has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Avalara, Nexus Venture Partners and NGP Capital.
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Seed and early-stage venture capital is provided to US companies.
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Investor details for Indix
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Investments & Acquisitions by Indix
Investment portfolio details for Indix
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Financial Statements - Indix
Detailed financials for Indix
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Indix Comparisons
Peer comparison for Indix
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Competitors of Indix
Indix 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 SPINS, Intelligence Node, Crisp, Wiser and Daasity, among others.
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Retail consumer analytics services are provided for natural products sector.
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AI-powered analytics tools are offered for retail pricing strategies.
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Business analytics software is provided for CPG retailers and suppliers.
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Price intelligence and optimization software is provided for e-commerce retailers.
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eCommerce analytics platform is provided for online sellers.
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SaaS-based promotion software is offered for retail testing.
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Detailed competitors of Indix
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Latest news on Indix
Complete news archive for Indix
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Frequently Asked Questions about Indix
Indix was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Indix is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Indix is a funded company, having raised a total of $29.99M across 5 funding rounds to date.
As of Dec 31, 2019, the latest employee count at Indix is 69.
Indix is building an index for over 1 billion consumer products in the world. Claims to have a coverage on products across all retail vertical except auto, books and musics with 10,000 product attributes to classify them. On top of its product database, Indix offers customized apps and APIs for retailers to tap into the platform and gain real time insights based on their preferences. Has 20 customers across brands, technology firms and merchants.
Indix's top competitors include Intelligence Node, Peak and Eversight.
Indix has 4 investors. Key investors include Avalara, Nexus Venture Partners, NGP Capital, and Avalon Ventures.