Indico Data - About the company
Indico Data is a series B company based in Boston (United States), founded in 2014 by Diana Yuan and Madison May. It operates as a Developer of an agentic decisioning platform for insurance underwriting and claims. Indico Data has raised $72.7M in funding from investors like .406 Ventures, General Catalyst and Techstars. The company has 1362 active competitors, including 155 funded and 92 that have exited. Its top competitors include companies like Seclore, Intralinks and Nexla.
Company Details
Developer of an agentic decisioning platform for insurance underwriting and claims. The platform streamlines submission processing, automates data enrichment, and recommends next actions. It helps insurance carriers transform complex submissions and claims into decision-ready insights. The platform supports policy changes, renewals, and customer communications with document processing and workflow automation.
- Website
- indicodata.ai
- Email ID
- *****@indicodata.ai
- Phone Number
- +1 **********
- Registered Address
- Ogres nov., Ikšķile, Riekstu iela 3 - 9
Key Metrics
Founded Year
2014
Location
Boston, United States
Stage
Series B
Total Funding
$72.7M in 14 rounds
Latest Funding Round
Investors
Ranked
23rd among 1362 active competitors
Employee Count
70 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Indico Data
Indico Data is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Indico CIN: 40103355300 , Latvia, Active | Dec 10, 2010 | €0 - €1M (As on Dec 31, 2021) | 1 (As on Dec 31, 2021) | - |
INDICO DATA SOLUTIONS INC. CIN: 464196454 , United States, Active | Dec 31, 2012 | - | 49 (As on Dec 31, 2024) | - |
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Indico Data's funding and investors
Indico Data has raised a total funding of $72.7M over 14 rounds. Its first funding round was on Apr 07, 2014. Its latest funding round was a Series B round on Oct 28, 2025 for $*****. 1 investor participated in its latest round. Indico Data has 16 institutional investors.
Here is the list of recent funding rounds of Indico Data:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 28, 2025 | 1431134 | Series B | 3724544 | 1553021 | 6651047 | 9693656 |
Jun 06, 2024 | 9189069 | Series B | 9638767 | 9849662 | 1453902 | |
Dec 14, 2020 | 3591292 | Series B | 3349789 | 2004397 |
View details of Indico Data's funding rounds and investors
Indico Data's founders and board of directors
Founder? Claim ProfileHere are the details of Indico Data's key team members:
- Diana Yuan: Co-Founder & SVP, People + Operations of Indico Data. Contact Info: 1 email address
- Madison May: Co-Founder & CTO of Indico Data. Contact Info: 1 email address
- Tom Wilde: CEO of Indico Data. Contact Info: 1 email address
Indico Data's Board of Directors
Indico Data's board has 6 active members. Thomas Wilde, Graham Brooks, David Drahms, Liam Donahue, Alec Radford and Slater Victoroff are independent board members.Here is the list of Indico Data's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 9y 0m | |
bakngda | Independent board member | - | Current | 8y 3m |
cp{muaw | Independent board member | - | Current | 2y 9m |
jsnfhcb | Independent board member | - | Current | 5y 3m |
teaiduo | Independent board member | - | Current | 9y 7m |
qkprteb | Independent board member | - | Current | 1y 4m |
View details of Indico Data's Founder profiles and Board Members
Indico Data's employee count trend
Indico Data has 70 employees as of Sep 26. Here is Indico Data's employee count trend over the years:
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Indico Data's Competitors and alternates
Top competitors of Indico Data include Seclore, Intralinks and Nexla. Here is the list of Top 10 competitors of Indico Data, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of data-centric security software for preventing data theft and compliance | $51.8M | 77/100 | ||
2nd | Intralinks 1996, New York City (United States), Acquired | Provider of virtual data room solutions for dealmaking and compliance | $131M | 70/100 | |
3rd | Nexla 2016, San Mateo (United States), Series B | Provider of AI-powered data integration platform designed for enterprise agent applications | $33.5M | 70/100 | |
4th | Conga 2006, Broomfield (United States), Acquired | Provider of document automation, contract lifecycle management, and revenue solutions | $140M | 70/100 | |
5th | Informatica 1993, Redwood City (United States), Acquired | Provider of cloud data management solutions leveraging AI-powered data lifecycle management | - | 70/100 | |
6th | Cytora 2012, London (United Kingdom), Acquired | Risk management solutions for insurers and underwriters | $41.5M | 69/100 | |
7th | Julius AI 2022, San Francisco (United States), Seed | AI-powered data analysis platform for businesses | $11M | 68/100 | |
8th | Shift Technology 2014, Paris (France), Series D | Provider of AI solutions for insurance underwriting, claims, and risk | $320M | 68/100 | |
9th | Pibit AI 2020, San Francisco (United States), Series A | AI-powered underwriting platform for commercial property and casualty insurance | $7.64M | 66/100 | |
10th | Codoxo 2016, Atlanta (United States), Series C | AI-based platform for employee and individual healthcare planning | $75M | 65/100 | |
23rd | Indico Data 2014, Boston (United States), Series B | Developer of an agentic decisioning platform for insurance underwriting and claims | $72.7M | 58/100 |
Looking for more details on Indico Data's competitors? Click here to see the top ones
Indico Data's Investments and acquisitions
Indico Data has a total of 1 investment in EatTasty. Indico Data has not made any acquisitions as of now.Reports related to Indico Data
Here is the latest report on Indico Data's sector:
News related to Indico Data
Media has covered Indico Data for 1 event in last 1 year, It was about partnerships.
•
Indico Data Partners with HDI Global US to Streamline Underwriting OperationsPR Newswire•Aug 17, 2026•Indico Data, HDI Global
•
Indico Data Receives Strategic Investment from Aviva VenturesFinSMEs•Oct 28, 2025•Indico Data, Aviva Investors, Aviva
•
Indico Data Unveils Embedded Data Enrichment Agents to Supercharge Insurance DecisioningGlobal Fintech Series•Jul 07, 2025•Indico Data
•
Indico Data Unveils Cloud-Native Guidewire ClaimCenter AcceleratorGlobal Fintech Series•Apr 29, 2025•Indico Data, Guidewire
•
Indico Data unveils enhanced AI capabilities for insurance industryLife Insurance International•Jan 30, 2025•Indico Data
•
Indico Data Unveils Groundbreaking Agentic AI Decisioning Solution for Commercial Insurance Underwriting ClearancePR Newswire•Oct 16, 2024•Indico Data
•
Indico Data Establishes Insurance Industry Advisor Network to Strengthen Leadership and Enhance Outcomes for Insurance CustomersPR Newswire•Oct 08, 2024•Indico Data
•
Unlock Smarter Decision-Making with Automated Intake of Submission Data using Indico Data’s New Guidewire Cloud IntegrationBusiness Wire•Jul 23, 2024•Guidewire, Indico Data
•
Guidewire makes strategic investment in Indico DataReinsurance News•Jun 07, 2024•Indico Data, Guidewire
•
Indico Data Closes $19M Funding Round and Secures Strategic Investment from P&C Software Platform Leader GuidewirePR Newswire•Jun 06, 2024•Indico Data, Guidewire, .406 Ventures, Sandbox Industries and 3 others
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