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Venture Capital News: Indico Accrues $22M in Series B Funding

2020-12-14
BOSTON, MA, Indico landed $22 million of series B funding co-led by Jump Capital and Sandbox Ventures.
Indico, a provider of enterprise AI solutions for intelligent process automation, landed an infusion of $22 million of series B funding co-led by Jump Capital and Sandbox Ventures.

The investment brings the total capital raised to $36 million, and supplements prior funding from 406 Ventures, Osage Venture Partners, Hyperplane Venture Capital and Boston Seed Capital as well as a new investment from Nationwide's venture capital arm.

Indico enables customers to capture efficiency gains by automating the intake and understanding of document and image-based workflows across the insurance, financial services and healthcare industries.
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