Tech Company Financing Transactions

indico Funding Round

On 12/15/2020, indico announced $22 million in Series B financing from Jump Capital, Sandbox Industries and .406 Ventures.

Transaction Overview

Company Name
Announced On
12/15/2020
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series B
Investors

Jump Capital (Lead Investor) (Saurabh Sharma)

Sandbox Industries (Lead Investor) (Chris Zock)

.406 Ventures (Graham Brooks)

Boston Seed Capital

Hyperplane Venture Capital

Nationwide Ventures

Osage Partners (David Drahms)

Proceeds Purpose
The new funding will enable Indico to further capitalize on its position as a leader in the fast-growing intelligent automation category. Built on its breakthrough artificial intelligence approach, Indico enables customers to capture dramatic efficiency gains by automating the intake and understanding of document and image-based workflows across the insurance, financial services and healthcare industries.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
186 South St. 400
Boston, MA 02111
USA
Phone
Undisclosed
Email Address
Overview
Combine your skills with the power of machine learning to discover the true potential of your text and image data. Use indico's text and image analysis to create transformative tools. In the examples below, we'll show you how people use indico to change the way they do business.
Profile
indico LinkedIn Company Profile
Social Media
indico Company Twitter Account
Company News
indico News
Facebook
indico on Facebook
YouTube
indico on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thomas Wilde
  Thomas Wilde LinkedIn Profile  Thomas Wilde Twitter Account  Thomas Wilde News  Thomas Wilde on Facebook
Chief Technical Officer
Slater Victoroff
  Slater Victoroff LinkedIn Profile  Slater Victoroff Twitter Account  Slater Victoroff News  Slater Victoroff on Facebook
Co-Founder
Madison May
  Madison May LinkedIn Profile  Madison May Twitter Account  Madison May News  Madison May on Facebook
VP - Engineering
Donald Zereski
  Donald Zereski LinkedIn Profile  Donald Zereski Twitter Account  Donald Zereski News  Donald Zereski on Facebook
VP - Operations
Diana Yuan
  Diana Yuan LinkedIn Profile  Diana Yuan Twitter Account  Diana Yuan News  Diana Yuan on Facebook


 

 

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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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