Data visualization experts, Indico Labs today announced the first close of its seed investment round with $350k from investors.
London, UK: March 10, 2022 Data visualization experts, Indico Labs today announced the first close of its seed investment round with $350k from investors.
Industry thought leader, Michael Halberstam is leading the round. A 44+ year industry veteran, Michael has gained years of experience in Market Research during his role as President and then Chairman of The ISA Group. In addition to investing, Michael has joined the Indico Labs team as a senior advisor, supporting sales and growth strategy.
Michael commented: “After talking with Indico’s clients and team, and reviewing and testing the product, it became obvious that this was a superior, cost-effective data visualization tool. Saving cost and time has always been key to providing persuasive data to clients quickly. Indico Labs does this in an extraordinarily fast and accurate way. This was an easy investment to make.”
Majeed Saheb-Zadha, founder and CEO of Indico Labs comments: “We are thrilled to have Michael on board as an early and significant investor as we open our seed round. It’s a massive vote of confidence and we are humbled by the endorsement. We are continuing discussions with other interested investors with a view to closing the seed round in the coming weeks.”
Founded in 2018, Indico Labs provides software solutions that enable Researchers to produce insightful data presentations with ease. Analysts can rapidly explore data in a visual format and produce custom, branded data presentations in the most efficient and accurate way possible. In addition to developing beautifully crafted reports in the end client’s branding, researchers have more time to focus on storytelling and delivering meaningful insights to research buyers.
“In the last 3 years, Indico Labs has grown rapidly and now supports more than 30 research agencies across Europe, the United States, Canada and Australia.” comments Majeed. “This new investment will be used to accelerate the development of key features that will help to revolutionize Market Research deliverables.”