Indio Technologies Named to 2019 CNBC Upstart 100 Highlighting the World's Most Promising Start-Ups
Award list highlights the hottest early stage start-ups of the year
By: Indio Technologies
Over 600 start-ups submitted for consideration and were judged on their potential scalability, sales growth, customer growth, workforce diversity, access to capital, intellectual property and industry size/ industry life-cycle stage. According to PitchBook, this year was particularly competitive as venture capitalists invested in an all-time high of nearly 2,000 start-ups in Q1 and Q2 of this year which points to a growing number of credible and innovative early-stage companies. Indio is honored to be named to the exclusive list as it caps off a year of exciting company growth, including a $20M Series B financing round in May and its engagement in a number of crucial, strategic partnerships.
"At Indio, we believe deeply in the innovation we are driving in the insurance industry," said Mike Furlong, CEO and Co-founder of Indio Technologies. "And we know our industry believes in our value as well. We are flattered to be recognized for this work by CNBC and to be in the company of so many other industry disruptors."
Indio Technologies is a platform that digitizes the P&C insurance application and renewal process to create a seamless experience for both the insured, as well as the insurance broker. The Indio platform has 7,000+ digitized "smart forms" that auto-populate information from one form to another, significantly reducing duplicate data entry and the amount of time needed to complete the process. Brokers who are equipped with Indio spend less time chasing down paperwork, and more time acting as a strategic advisor to their clients. Indio's platform creates the most user-friendly customer experience possible for brokers and their clients.
In addition to this list, Indio and its executives have won a number of honors this year including; The John Love Risk Innovation Award, The Business Insurance 2019 Break Out Award and the InsurTech Hot 100. The company continues to look for new ways to improve its tech offerings and provide expanded technologies to the insurance industry.
To learn more about Indio, please visit https://www.useindio.com/
In 2016, Indio founders Mike Furlong and Adam Bratt set out to modernize the insurance application and renewal process. Indio is an engagement platform for independent agents that eliminates redundancies in data gathering and provides their insureds a superior customer experience.
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