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Indico Data

Founded Year



Series B | Alive

Total Raised


Last Raised

$22M | 2 yrs ago

About Indico Data

Indico Data is a company that develops a process automation platform to accelerate document-based workflows. The company offers solutions such as RPA, intelligent document processing, and more. The company was founded in 2013 and is based in Boston, Massachusetts.

Headquarters Location

55 Court St. 2nd Floor

Boston, Massachusetts, 02108,

United States


Indico Data's Product Videos

ESPs containing Indico Data

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Emerging Tech / IT Management

Digitization and capture products provide optical character recognition (OCR), document scanning, and physical process capture solutions for businesses.

Indico Data named as Outperformer among 5 other companies, including Kryon, Hyperscience, and Alkymi.

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Indico Data's Products & Differentiators

    The Indico Unstructured Data Platform

    The Indico Unstructured Data Platform is the first solution able to truly scale across the full breadth of enterprise unstructured data to create valuable structured data delivering automation and insights previously not possible with traditional approaches such as OCR, rules or templated based technologies. With our breakthrough transfer learning based artificial intelligence technology, combined with our award-winning low code application interface, Fortune 1000 customers are able to quickly build custom machine learning models and workflows and integrate them with existing platforms of record such as CRM, ERP, BI or proprietary enterprise platforms. Indico’s customers are able to dramatically reduce expense ratios while also driving significantly enhanced business insights from this valuable asset.

Expert Collections containing Indico Data

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Indico Data is included in 4 Expert Collections, including Banking.



1,327 items


Robotic Process Automation

322 items

RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.


Artificial Intelligence

10,459 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.



7,942 items

US-based companies

Indico Data Patents

Indico Data has filed 5 patents.

The 3 most popular patent topics include:

  • Computational linguistics
  • Machine learning
  • Classification algorithms
patents chart

Application Date

Grant Date


Related Topics




Unix text processing utilities, Machine learning, Computational linguistics, Geodesy, Classification algorithms


Application Date


Grant Date



Related Topics

Unix text processing utilities, Machine learning, Computational linguistics, Geodesy, Classification algorithms



Latest Indico Data News

EdenFarm Collaborates with INDICO to Enhance Digitalization in Agricultural Technology

Mar 17, 2023

EdenFarm Collaborates with INDICO to Enhance Digitalization in Agricultural Technology EdenFarm executives CEO and founder David Setyadi Gunawan (second left) and Head of Eden Supply Network Oki Harmawan (left) with Telkomsel Mitra Inovasi (TMI) CEO Mia Melinda (second right) and Telkom Digital Ecosystem (INDICO) CEO Andi Kristianto on March 16, 2023 in Brebes, Central Java, after EdenFarm and INDICO signed a memorandum of understanding on Cooperation in the Development of Agricultural Digital Ecosystems. share this article Jakarta   ●   Fri, March 17, 20232023-03-1715:450d5259e4d93052b0e76bee70b052d338e4Inforialagriculture,agritechFree After a successful pre-series B round of funding led by Telkomsel Mitra Inovasi (TMI), business-to-business (B2B) food service start-up EdenFarm has entered into a collaboration with INDICO, a subsidiary of Telkomsel that focuses on developing Indonesia’s digital ecosystem, to accelerate the digital transformation of agricultural technology (agritech). The EdenFarm-INDICO collaboration was officially launched by signing a memorandum of understanding (MoU) on March 16 at the Eden Collection Facility (ECF) in Brebes, Central Java. The signatories were EdenFarm founder and CEO David Setyadi Gunawan and INDICO CEO Andi Kristianto, with TMI CEO Mia Melinda, Head of Eden Supply Network Oki Harmawan and Head of Eden Technology, James, as witnesses at the signing ceremony. Under the terms of the MoU on Cooperation in the Development of Agricultural Digital Ecosystems, EdenFarm and INDICO will cooperate in implementing digital platforms for managing and monitoring agricultural activities, increasing the productivity of EdenFarm’s farmer partners and supporting the development of a digital ecosystem for Indonesia’s agriculture industry. "We are very enthusiastic about TMI's participation, as one of our investors in the last pre-series B round was able to not only provide funding but also offer various collaborations for the progress of EdenFarm’s business,” said David Setyadi Gunawan, the founder and CEO of EdenFarm. “One of these collaborations is now being realized by exploring a partnership with INDICO to implement agricultural digitalization to support the productivity of EdenFarm's farmer partners and ensure consistent supply for our business partners," he added. With a mission to prioritize developing its farmer partners, EdenFarm continuously strives to boost farmers’ growth through consistently delivering excellent services, offering solutions through technology and supporting operational efficiency. To fulfill its missions, EdenFarm has established partnerships with several parties for specific purposes, such as technological research, farmer financing and digital payment services. “The collaboration with EdenFarm is part of our efforts to develop a digital ecosystem in the agriculture sector. By utilizing Telkomsel's assets, we are optimistic that we can make a significant contribution that will improve the welfare of farmers while strengthening national food security," INDICO CEO Andi Kristianto said during the MoU signing ceremony. Prior to its agritech collaboration with EdenFarm, INDICO entered into a collaboration on digital farming contracts with Gabungan Kelompok Tani (Gapoktan), the Association of Farmers Groups. In the pilot project with Gapoktan, INDICO will implement agricultural digitalization at rice farms spanning a total of 40 hectares in Selogiri district of Wonogiri, Central Java, so local farmers can adopt modern agricultural methods that utilize Telkomsel’s Internet of Things (IoT) technology and digital agriculture ecosystem.

Indico Data Frequently Asked Questions (FAQ)

  • When was Indico Data founded?

    Indico Data was founded in 2013.

  • Where is Indico Data's headquarters?

    Indico Data's headquarters is located at 55 Court St., Boston.

  • What is Indico Data's latest funding round?

    Indico Data's latest funding round is Series B.

  • How much did Indico Data raise?

    Indico Data raised a total of $36.53M.

  • Who are the investors of Indico Data?

    Investors of Indico Data include .406 Ventures, Osage Venture Partners, Jump Capital, Sandbox Insurtech Ventures, Paycheck Protection Program and 8 more.

  • Who are Indico Data's competitors?

    Competitors of Indico Data include ForMotiv, App Orchid, Applica, Ephesoft, Qumata and 12 more.

  • What products does Indico Data offer?

    Indico Data's products include The Indico Unstructured Data Platform.

  • Who are Indico Data's customers?

    Customers of Indico Data include PNC Bank, Cushman & Wakefield, MetLife and Municipal Securities Review Board.

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