Indico Secures $4M in Seed Funding

Funding Rounds

Summary

Indico, a Boston, MA-based provider of enterprise machine learning solutions for unstructured content, secured $4m in seed funding.In conjunction with the funding, Osage partner David Drahms will join the indico board.The company will use the funds to extend its product capabilities and build out its go-to-market team, resources and programs.Led by CEO Tom Wilde, indico provides machine learning solutions enabling enterprises to use small sets of data to create customized machine learning models to solve unstructured content challenges including documents, text, and images.Customers use the application to automate business processes with AI and to automatically discover insights from within large content collections.

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Amount $4.0M Total raised
Date January 18, 2018 Announcement date
Investors indico, .406 Ventures, Boston Seed Capital, Hyperplane Venture Capital, Osage Partners Lead investors
Company http://www.indico.io Funded company

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AI & Machine learning

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