Indico Data (Legal: Indico Data Solutions, Inc.)

Information Acquired

Document Intelligence, Underwriting AI, Claims Automation, Intelligent Document Processing (IDP), Agentic AI, Decision Automation

Claim Profile

Founded 2014 (Crunchbase); CB Insights reports 2013

HQ Boston, Massachusetts, United States

Employees 101–250 (Crunchbase); ~89 as of Jun 2025 (LeadIQ); 72 as of Dec 2023 (Tracxn)

Last Round Convertible Note

Runway Healthy — Strategic funding from Aviva (Oct 2025) and Guidewire (Jun 2024) within last 18 months; record ARR with 60% new logo growth; zero churn; strong revenue growth trajectory mitigates any burn concerns; multiple insurance-strategic investors provide both capital and distribution

Last Round

Convertible Note · $20K

Certifications

2 verified

GRAIN Score

Independent vendor assessment

0/100

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Revenue / ARR

~$10M–$15M (LeadIQ estimates $15M revenue as of Jun 2025; Crunchbase estimates $10M–$50M range)

Employees

Growing — CISO role added Apr 2025; multiple leadership hires; employees across 5 continents

Runway

Healthy — Strategic funding from Aviva (Oct 2025) and Guidewire (Jun 2024) within last 18 months; record ARR with 60% new logo growth; zero churn; strong revenue growth trajectory mitigates any burn concerns; multiple insurance-strategic investors provide both capital and distribution

Funding History

Round	Amount	Date	Lead
Strategic (Venture)	Undisclosed	Oct 28, 2025	—
Venture	$19M	Jun 6, 2024	—
Series B	$22M	Dec 14, 2020	—
Series A	$4M	Jan 18, 2018	—
Seed	$1.2M	Nov 21, 2016	—
Seed	$3M	Nov 13, 2014	—
Convertible Note	$159K	Aug 18, 2014	—
Seed	Undisclosed	Aug 11, 2014	—
Convertible Note	$20K	Apr 17, 2014	—