Indico Data

Indico Data develops software for extracting and analyzing information from unstructured documents such as forms, contracts, and emails. The company was founded in 2014 and is headquartered in Boston, Massachusetts. It originated from work on deep learning and natural language processing tools before shifting its focus to enterprise document automation.

The company's core product is a platform that applies machine learning to unstructured data to automate document-heavy workflows, with a particular emphasis on insurance use cases such as claims processing and submissions intake. Indico Data positions its platform as an alternative to traditional optical character recognition and rules-based extraction systems, targeting insurers and other enterprises that handle large volumes of varied document formats.

Indico Data has raised funding from investors including Sapphire Ventures, Recruit Strategic Partners, and M12 (Microsoft's venture fund) across multiple rounds. Tom Wilde has served as CEO, leading the company's transition from a broader AI/ML tooling provider to a more focused enterprise document automation vendor for regulated industries like insurance.