Latka logo

Valuation

$2.2M

2024 Revenue

$728.9K

Funding

$0

YOY

26.5%

Team

28

Founded

2011

How IndicaOnline CEO Ivan Suslov grew to $728.9K revenue with a 28 person team in 2024.

Founded in 2011, IndicaOnline is the leading dispensary point-of-sale platform for the medical cannabis industry, servicing customers throughout all legal US States and Canada. Created by a small group of award winning IT Professionals, IndicaOnline's world class software and services have been purpose-built with any size MMJ organization in mind. From administration, electronic medical records and innovative data management tools to expenses and collections, IndicaOnline's cutting edge technology streamlines and simplifies operations for cannabis retailers. With safety, security and well being as a priority, confidential information is kept completely private. Software is HIPAA certified, meeting and exceeding security standards set for data transmission, encryption and storage of patient medical records.

The IndicaOnline team is committed to spurring positive industry change through technology with the objective to create a positive culture, deliver excellence, expect and embrace

Last updated

IndicaOnline Revenue

In 2024, IndicaOnline's revenue reached $728.9K. The company previously reported $576.2K in 2023. Since its launch in 2011, IndicaOnline has shown consistent revenue growth.

IndicaOnline Revenue GrowthReported revenue / ARR over time$0$200K$400K$600K$800K20112013201520172019202120232024$0$394K$729KSource: GetLatka.com
YearMilestoneQuote
2024IndicaOnline Hit $728.9k revenue in October 2024
2023IndicaOnline Hit $576.2k revenue in October 2023
2021IndicaOnline Hit $393.6k revenue in April 2021
2011Launched with $0 revenue

IndicaOnline Valuation, Funding Rounds

IndicaOnline's most recent disclosed valuation is $2.2M.

IndicaOnline is a bootstrapped Cannabis Industry Software startup. Founded in 2011, IndicaOnline has grown to $728.9K in revenue without raising any venture capital or outside funding.

As a self-funded Cannabis Industry Software SaaS company, IndicaOnline has built its business with no outside investment.

IndicaOnline Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12011Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Ivan Suslov

Ivan Suslov is listed as Founder / CEO at IndicaOnline.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for IndicaOnline yet.

IndicaOnline Employees & Team Size

IndicaOnline employs approximately 28 people as of 2026.

IndicaOnline Team GrowthReported headcount over time01020304020112013201520172019202120232024002828Source: GetLatka.com
YearMilestone
2024Reached 28 employees (October 2024)
2023Reached 28 employees (October 2023)
2022Reached 37 employees (October 2022)
2021Reached 23 employees (December 2021)
2021Reached 10 employees (April 2021)

Frequently Asked Questions about IndicaOnline

What is IndicaOnline's revenue?

IndicaOnline generates $728.9K in revenue.

Who founded IndicaOnline?

IndicaOnline was founded by Ivan Suslov.

Who is the CEO of IndicaOnline?

The CEO of IndicaOnline is Ivan Suslov.

How much funding does IndicaOnline have?

IndicaOnline raised $0.

How many employees does IndicaOnline have?

IndicaOnline has 28 employees.

Where is IndicaOnline headquarters?

IndicaOnline is headquartered in Los Angeles, California, United States.

Compare IndicaOnline to the industry

IndicaOnline operates across multiple industries. Browse revenue, funding, and growth data for IndicaOnline in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile

People Also Viewed

Ticketsell.ai logo

Ticketsell.ai

Ticketsell - AI SaaS, which evaluates market demand in concerts/sport events with purpose to dynamically adjust ticket prices. We solve the problem of price inefficiency of tickets on primary market that stimulates secondary market and, ultimately, leads to profit loss and consumer desperation

SpringRock Ventures logo

SpringRock Ventures

Founded in 2015, SpringRock Ventures is a venture capital firm that invests nationwide and is based in Seattle, Washington. The firm focuses on the convergence of technology and healthcare. Key investment sectors include SAAS, digital health, tech-enabled services, fintech, devices, oral health, eCommerce of healthcare, IT, security/HIPAA.

Quibble logo

Quibble

SaaS, Consulting

Quick Audits logo

Quick Audits

Quick Audits is a retail company in Argentina that provides auditing services. They use technology to help businesses improve their operations and increase efficiency.

Regit logo

Regit

Developer of a regtech data management system designed to to eliminate dirty data, the inconvenience of form-filling and information burden by connecting businesses and individuals on one smart, integrated and compliant communications platform. The company's regtech data management system helps users comply with personal data protection rules when dealing with customers data for events, registration, contact management, electronic document management and payment, enabling organizations to collect, maintain and use customer data in one place, while complying with personal data protection and privacy rules

Publitio logo

Publitio

Publitio is a cloud-based media asset management platform that provides solutions for image hosting, video management, and file manipulation. It offers services for multimedia and design software, with features such as media storage, processing, and delivery. Publitio helps businesses manage and optimize their media assets for websites and other digital platforms.