StarZero All shows Try the podcast clipper →

Indico Data Solutions

also referred to as: indico

16 statements across 2 episodes · 10 bullish · 0 bearish · 1 people on the record · first statement Feb 14, 2017 by Slater Victoroff · said 27 times in 4 episodes since 2017 · across every show →

Mentions by year

brought up most by Nathan Latka (16), Slater Victoroff (11)

tap a year for its mentions
0010220320172018201920202021episodesmentions
02320172018201920202021episodes it came up in
00101.520320172018201920202021episodesmentions per episode
2021 18 mentions in 1 episode
2017 9 mentions in 3 episodes 3 per episode

every mention, scene by scene, with the transcript →

Everything said about Indico Data Solutions, oldest first

Feb 14, 2017 positive
Disclosure
Indico serves 20 customers, including three major financial institutions
“So we're working with about 20 customers overall, but I would say that, you know, sort of the more important metric for us is how many really big financial services companies we're working with. And that's about three.”
Slater Victoroff Feb 14, 2017 ▶ 8:42 EP 570: GrowSumo Helping 70 B2B SaaS Companies Grow Affiliate Programs, $100k New MRR So Far with CEO Bryn Jones
Feb 14, 2017 neutral
Disclosure
Indico raised $3M seed and $1.2M bridge round for financial vertical
“So we sort of did this big seed round when we first started about three million dollars. And then more recently we raised for this bridge capital about 1.2 to really help us attack this financial services vertical.”
Slater Victoroff Feb 14, 2017 ▶ 5:32 EP 570: GrowSumo Helping 70 B2B SaaS Companies Grow Affiliate Programs, $100k New MRR So Far with CEO Bryn Jones
Feb 14, 2017 bullish
Assertion Not checkable as stated
Victoroff: Indico builds custom classification models from 10 to 20 examples
“The really cool thing about transfer learning is that we can actually, you know, if a user gives us 10 or 20 Any examples, then we've got a totally performing classification algorithm that's personalized to them. That doesn't, you know, kill the servers becaus…”
Slater Victoroff Feb 14, 2017 ▶ 11:39 EP 570: GrowSumo Helping 70 B2B SaaS Companies Grow Affiliate Programs, $100k New MRR So Far with CEO Bryn Jones
Feb 14, 2017
Assertion Not checkable as stated
Indico spends zero dollars per month on marketing
“Zero.”
Slater Victoroff Feb 14, 2017 ▶ 15:55 EP 570: GrowSumo Helping 70 B2B SaaS Companies Grow Affiliate Programs, $100k New MRR So Far with CEO Bryn Jones
Feb 14, 2017 bullish
Prediction Not checkable as stated
Indico aims to reach $1M in annual recurring revenue in 2017
“So we're hoping to hit a sort of a million dollar recurring revenue in 2017.”
Slater Victoroff Feb 14, 2017 ▶ 7:35 EP 570: GrowSumo Helping 70 B2B SaaS Companies Grow Affiliate Programs, $100k New MRR So Far with CEO Bryn Jones
Feb 14, 2017 bullish
Disclosure
Indico generates mid-to-upper six figures in annual revenue
“So I won't share the exact number, but I will say we're sort of in this mid progressing into upper six figures revenue.”
Slater Victoroff Feb 14, 2017 ▶ 7:28 EP 570: GrowSumo Helping 70 B2B SaaS Companies Grow Affiliate Programs, $100k New MRR So Far with CEO Bryn Jones
Jun 3, 2021
Assertion Not checkable as stated
Indico processes 50M mortgage documents across 3,000 US counties
“And we actually have another customer that we are processing over fifty million mortgage titles and deed documents for all 3000 counties across the United States.”
Slater Victoroff Jun 3, 2021 ▶ 4:48 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021 positive
Assertion Not checkable as stated
Viktoroff: Indico ACV is above $120,000
“Exactly. It's actually, it's creeping a bit north of that even, you know, it's above one 20, but yeah, exactly.”
Slater Victoroff Jun 3, 2021 ▶ 9:54 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021 bullish
Assertion Partly supported
MetLife saved over 11,000 hours in four weeks using Indico
“MetLife. And they did a case study publicly with us pretty recently. And they actually managed to use Indico to save over 11,000 hours of effort in in You know, end to end, it was about four weeks of time a couple of folks to save 11,000 hours.”
Slater Victoroff Jun 3, 2021 ▶ 2:52 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021
Opinion
Most founders leave their companies by the Series B stage
“I think most founders at this stage aren't at the company anymore is my honest answer, right?”
Slater Victoroff Jun 3, 2021 ▶ 15:17 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021
Assertion Not checkable as stated
Indico's largest customer processes one billion items annually
“What I will say is our largest customer in terms of raw volume, right, is processing a billion items a year with us.”
Slater Victoroff Jun 3, 2021 ▶ 5:26 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021
Insight
First-time founders should expect 30% dilution per funding round
“My fundamental view is that as a first time founder you're going to get diluted as you go through the rounds, right? You should expect to get diluted, you know, call it 30%, you know, with each round”
Slater Victoroff Jun 3, 2021 ▶ 15:46 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021 bullish
Disclosure
Viktoroff: Indico targets 125% 12-month net revenue retention
“What I will say is, like, our, you know, high-performing target there, right, and what we've got, you know, good historic evidence that we can hit is sort of this a 125%, like, net on a 12 months”
Slater Victoroff Jun 3, 2021 ▶ 20:54 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021 positive
Insight
Letting poor-fit customers churn beats wasting resources to save them
“That customer, you know, if we, you know, bend over backwards, we'd probably save them. It's not worth it. We've got better stuff to do, right? Like we would much rather let them go than the way we think about it and why we really focus on net revenues. Look, …”
Slater Victoroff Jun 3, 2021 ▶ 20:11 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021 bullish
Prediction Not checkable as stated
Viktoroff: Indico aims for $10M ARR by mid-to-late 2022
“So, and then, so our goal really, you know, a series C company, we want to be around ten million in ARR, right? To really get that metric. Right. And our timing on that is, you know, 18 to 24 months, you know, after that, that last December. Right. And, you kn…”
Slater Victoroff Jun 3, 2021 ▶ 11:04 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Jun 3, 2021 bullish
Assertion Not checkable as stated
Indico grew bookings 10x and quadrupled its ARR in 2020
“Yeah, exactly. And, you know, like a lot of really, really awesome metrics, you know, we grew bookings by 10 X, you know, we quadrupled our ARR, right.”
Slater Victoroff Jun 3, 2021 ▶ 9:11 Process Automation SaaS: From $600k Pivot to 300% YoY Growth, How Indico Turned the Corner
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.

Try the podcast clipper Learn more