Indico
Transforming unstructured data into actionable insights
- 21-100 employees
- B2B
- Artificial Intelligence
- Enterprise
- Business Intelligence
- Machine Learning
- Automation
- Government Center, Boston, MA
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Company mission
To be a leading provider of Intelligent Process Automation solutions, helping businesses automate manual, labour-intensive, document-based workflows.
6% employee growth in 12 months
Our take
Robotic process automation (RPA) is big business, with the RPA market being estimated to be worth close to $30.85 billion by 2030. Many companies offer RPA solutions, although with around 90% of data in an enterprise often being unstructured text, documents, emails, and images, businesses are looking for new ways to process information.
Indico Data is a company that provides RPA for the insurance, financial services, and healthcare industries. It attempts to use a deep learning technique to automate unstructured content processes for its customers, which include several Fortune 500 enterprises.
The company has been growing quickly over the past few years, with an impressive 100% customer retention rate. It plans to use its 2024 series C funding to enhance its new discriminative and generative AI platform, accelerate its customer success initiatives and expand its global market share.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Life insurance paid by Indico
- Medical, dental, vision
- Uncapped vacation time
- 401k retirement accounts with match
- Individual professional development budget
- Dependent care funds and account
- Monthly phone + internet stipend
- $1000 work from home improvement fund
- Health savings account and contribution
- Company computer
- Indico service days
- Monthly virtual game nights
Funding (last 2 of 8 rounds)
Jun 2024
$19m
SERIES C
Dec 2020
$22m
SERIES B
Total funding: $53.5m
This company has top investors
Leadership
Slater Victoroff
(CTO)Before co-founding indico, they were a Board Member for Olin Foundry. They have been an Angel Investor and Advisor for over five companies, including Because Intelligence and Swoop. They worked as an executive-in-residence for 406 ventures as part of the data and cloud practice.
Madison May
(ML Architect & Co-Founder)Before co-founding indico data, they were a Software Developer for imec, which monitored energy consumption in student dorms, and an Open Source Developer for the Python Software Foundation.
Diana Yuan
(SVP of People & Operations & Co-Founder)They have been an Advisor for OrganizeTogether and Because Intelligence. Before co-founding Indico Data Solutions, they worked as Head of Operations at Customer Love Series and was President of the TechStars Boston Chapter.