Indico Data Secures $19M

Indico Data, the industry’s leading solution for the automating of critical intake workflows across the policy lifecycle, today announced the successful closure of a $19M funding round with a strategic investment from Guidewire, a premier platform for Property and Casualty (P&C) insurers. This strategic financial infusion and partnership with Guidewire will accelerate Indico Data’s mission to deliver cutting-edge AI technology to enable enterprises to make better decisions with better data driving improved operational efficiency and top-line revenue growth.

Indico’s latest funding round, led by .406 ventures and joined by Guidewire and existing investors, Sandbox Industries, Osage Venture Partners, and Jump Capital, signifies a strong vote of confidence in Indico Data’s momentum and its pivotal role in the data-to-decision revolution.

Indico Data automates critical workflows for enterprises in document-intensive industries, including insurance, financial services and healthcare. Leveraging Indico’s first to market hybrid Discriminative and Generative AI technology, Indico’s Intelligent Intake™ Solution, enables organizations to free their experts from tedious, manual tasks, allowing them to drive better decisions with better data.

(c) by Massinvestor, Inc. For contact info, please check out our about page.