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How IndicaOnline CEO Ivan Suslov grew IndicaOnline 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

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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 by year$0$200K$400K$600K$800K20112013201520172019202120232024$0$394K$729KSource: GetLatka.com
YearMilestone
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$120112011 cumulative: $0 • 2011 Founded: $02011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

IndicaOnline Employees & Team Size

IndicaOnline employs approximately 28 people as of 2026.

IndicaOnline has 28 total employees in different roles and functions.

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)

Founder / CEO

Ivan Suslov

Ivan Suslov is listed as Founder / CEO at IndicaOnline.

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Customers

We do not have customer count information for IndicaOnline yet.

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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

IndicaOnline Revenue 2024: $728.9K ARR, $2.2M Valuation