Nationwide Ventures contributed to a round that increased the automation software provider's overall funding to $36m.
US-based process automation software provider Indico secured $22m yesterday in a series B round featuring financial services firm Nationwide’s strategic investment arm, Nationwide Ventures.
Venture capital firms Jump Capital and Sandbox Ventures co-led the round, which included 406 Ventures, Osage Venture Partners, Hyperplane Venture Capital and Boston Seed Capital.
Indico has developed intelligent process automation software that enables users to automate manual document-based tasks by allowing them to train machine learning models through a transfer learning system that needs less…
