Indico Data Solutions

SoftwareSeries BBoston, USindicodata.ai

Latest round

Series B

Last raised

Jun 2024

Total raised

$46M

Investors

9

About Indico Data Solutions

Founded in 2013 by co-founders Alec Radford, Diana Yuan, Madison May, and Slater Victoroff and based in Massachusetts, US, Indico Data Solutions, Inc. is a provider of an intelligent document processing platform designed to automate the intake of documents for various industries, including insurance, finance, and healthcare. The platform automates back-office tasks to improve document-based workflows, analyzing insights from unstructured content, including text and images. In October 2025, Indico Data Solutions Inc.   Indico’s primary product, the Indico Intelligent Intake solution, is designed to automate document processing tasks that traditionally require manual intervention. The solution leverages multimodal large language models (LLMs) to handle diverse document types, enabling enterprises to automate workflows such as underwriting, claims processing, and policy servicing in the insurance sector; KYC and mortgage processing in financial services; and prior authorization and EHR processing in healthcare. The platform ensures data security with private tenant deployment and encryption. Indico Integrate helps connect model workflows built in the Indico Platform with the customer’s designated systems and platforms.

Who invested in Indico Data Solutions

9 investors across 4 rounds

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Funding rounds

  1. Series B

    Jun 6, 2024

    Amount

    $19M

    Investors

    Locked

  2. Series B

    Dec 14, 2020

    Amount

    $22M

    Investors

    Locked

  3. Seed

    Jan 18, 2018

    Amount

    $4M

    Investors

    Locked

  4. Seed

    Nov 21, 2016

    Amount

    $1.2M

    Investors

    Locked

Questions about Indico Data Solutions

Who invested in Indico Data Solutions?

Indico Data Solutions has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Indico Data Solutions raised?

Indico Data Solutions has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Indico Data Solutions last raise money?

Indico Data Solutions's most recent round on record is a Series B, in Jun 2024.

What does Indico Data Solutions do?

Founded in 2013 by co-founders Alec Radford, Diana Yuan, Madison May, and Slater Victoroff and based in Massachusetts, US, Indico Data Solutions, Inc.

Where is Indico Data Solutions headquartered?

Indico Data Solutions is headquartered in Boston, US.

Which VCs invest in companies like Indico Data Solutions?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Indico Data Solutions's stage. Their profiles are linked below.

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