InDebted - About the company
InDebted is a series C company based in Sydney (Australia), founded in 2015 by Josh Foreman. It operates as a Cloud-based debt collection solutions for businesses. InDebted has raised $97.6M in funding from investors like MassMutual Ventures, Perennial and Carthona Capital, with a current valuation of $*****. The company has 201 active competitors, including 28 funded and 27 that have exited. Its top competitors include companies like Valon Mortgage, KredosAI and Clerkie.
Company Details
Cloud-based debt collection solutions for businesses The offering includes omnichannel communications, receivable management, payments & reconciliation, self-service customer portal, API integration, report analytics, and code compliance. It provides settlement negotiation, dispute management, payment plan management, data management & reporting, and more.
- Website
- www.indebted.co/
- Social
- Email ID
- *****@indebted.co
- Phone Number
- +61 **********
Key Metrics
Founded Year
2015
Location
Sydney, Australia
Stage
Series C
Total Funding
$97.6M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 24, 2024
Investors
Ranked
2nd among 201 active competitors
Employee Count
216 as on Sep 30, 2026
Similar Companies
Legal entities associated with InDebted
InDebted is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
INDEBTED HOLDINGS PTY LTD CIN: 635375165 , Australia, Active | Aug 06, 2019 | - | - | |
InDebted Australia Pty Ltd CIN: 613132951 , Australia, Active | Jun 20, 2016 | - | - |
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InDebted's funding and investors
InDebted has raised a total funding of $97.6M over 7 rounds. Its latest funding round was a Series C round on Sep 24, 2024 for $*****. 6 investors participated in its latest round. InDebted has 10 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of InDebted:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 24, 2024 | 8932460 | Series C | 7593319 | 2818419 | 9546893 | 9154767 |
Jul 26, 2022 | 1260781 | Series B | 2624731 | 8476212 | 3672828 | 3709771 |
Jul 19, 2021 | 3549065 | Series B | 7719810 | 2416816 |
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InDebted's founders and board of directors
Founder? Claim ProfileThe founders of InDebted is Josh Foreman. Josh Foreman is the CEO of InDebted.
Here are the details of InDebted's key team members:
- Josh Foreman: Founder & CEO of InDebted. Contact Info: 1 phone number
View details of InDebted's Founder profiles and Board Members
InDebted's employee count trend
InDebted has 216 employees as of Sep 26. Here is InDebted's employee count trend over the years:
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InDebted's Competitors and alternates
Top competitors of InDebted include Valon Mortgage, KredosAI and Clerkie. Here is the list of Top 10 competitors of InDebted, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Valon Mortgage 2019, New York City (United States), Acquired | Cloud-native marketplace for mortgage loans | $230M | 73/100 | |
2nd | Cloud-based debt collection solutions for businesses | $97.6M | 62/100 | ||
3rd | KredosAI 2021, Bellevue (United States), Series A | Financial and personalized communication platform | $12.5M | 62/100 | |
4th | Clerkie 2017, San Francisco (United States), Series A | Platform for loan servicing and credit score building through debt management | $41M | 59/100 | |
5th |  Salient 2023, San Francisco (United States), Series A | Developer of automated artificial intelligence software for loan servicing operations | $60.5M | 58/100 | |
6th |  Growfin 2020, Wilmington (United States), Series A | Provider of accounts receivable automation software designed to accelerate cash flow | $9M | 58/100 | |
7th | AKUVO 2019, Malvern (United States), Series A | Banking software suite for financial institutions | $16M | 56/100 | |
8th | Axela 2001, Miami (United States), Series A | Account receivable and collection software for financial institutions | $16.8M | 56/100 | |
9th |  Monk 2024, New York City (United States), Series A | Developer of software for automating accounts receivable and payment reconciliation | $29M | 53/100 | |
10th | TrueAccord 2013, Lenexa (United States), Series C | Provider of digital-first debt collection and recovery solutions for businesses | $78M | 50/100 |
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InDebted's Investments and acquisitions
InDebted has not made any investments yet. InDebted has made 4 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 14, 2025 | Acquisition | 1986 | Birmingham (United States) | |
Jul 11, 2025 | Acquisition | 2001 | ||
Oct 16, 2023 | Acquisition | 1975 | Gordon (Australia) |
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Reports related to InDebted
Here is the latest report on InDebted's sector:
News related to InDebted
Filter this listMedia has covered InDebted for a total of 5 events in the last 1 year, 4 of them have been about people movement and 1 about company updates.
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InDebted Appoints Gillian Findlay to Board to Drive Next Phase of GrowthAustralian FinTech•Aug 06, 2026•InDebted
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InDebted Appoints Michael Chatfield as Australian MD for Enterprise GrowthAustralian FinTech•Nov 19, 2025•InDebted, illion
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InDebted and Meedaf Partner to Transform Debt Resolution in the UAEAustralian FinTech•Sep 18, 2025•InDebted, Meedaf
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InDebted acquires Debtworks to accelerate growth appoints NZ-based MDAustralian FinTech•Jul 11, 2025•InDebted, Treasury
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InDebted acquires AmSher, expands into U.S. telecommunications sectorAustralian FinTech•Jul 10, 2025•InDebted, AmSher
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InDebted launches in the UAE to provide modern debt resolution experiences through AIAustralian FinTech•Mar 25, 2025•InDebted
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Australian fintech scale-up InDebted enters Mexican market with BNPL partner AplazoAustralian FinTech•Jan 21, 2025•InDebted
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InDebted: Debt Collection Fintech Company Raises $40 Million At $250+ MillionPulse 2.0•Sep 26, 2024•InDebted, AirTree, Australian Retirement Trust, Premier Capital Partners and 4 others
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