Indico Data

Indico Data offers an AI-powered platform that processes unstructured data such as PDFs, images, handwritten notes, audio, videos, and emails. The platform uses composite AI technology, which combines deep learning, data, and algorithmic approaches to extract and analyze information from unstructured documents. Through its proprietary training data corpus, the platform can understand almost any document or image across more than 70 languages. The technology requires only about 200 documents to train a model for ultra-high accuracy, though with zero-shot capabilities, customers can begin seeing value with as few as 10 documents. As of February 2022, the platform processed more than 10 billion items annually. The company reported a 100% increase in annual recurring revenue and 149% growth in net revenue retention in 2021. Indico 5, launched in March 2022, introduced features like automatic document unbundling, staggered loop learning for continuous improvement, and universal document support for both text and handwriting. The platform has achieved a 97% implementation success rate, significantly higher than the industry average. Annual pricing starts at USD 300,000 and is based on document processing volume and specific settings such as number of users.