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How IndiSoft CEO Vinayak Kulkami grew IndiSoft to $1.5M revenue with a 22 person team in 2021.

IndiSoft is a technology development company that develops, licenses and supports Software as a Service model for default servicing in the financial services industry. The companys flagship product, RxOffice Legal is a collaborative platform that helps companies create efficiencies throughout the default life cycle, including loan modifications, short sales, deed-in-lieu, foreclosure, bankruptcy and REO management.

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IndiSoft Revenue

In 2021, IndiSoft's revenue reached $1.5M. Since its launch in 2005, IndiSoft has shown consistent revenue growth.

IndiSoft Revenue GrowthReported revenue / ARR by year$0$400K$800K$1M$2M200520072009201120132015201720192021$0$1MSource: GetLatka.com
YearMilestone
2021IndiSoft Hit $1.5m revenue in April 2021
2005Launched with $0 revenue

IndiSoft Valuation, Funding Rounds

IndiSoft's most recent disclosed valuation is $4.4M.

IndiSoft is a bootstrapped Financial Services Software startup. Founded in 2005, IndiSoft has grown to $1.5M in revenue without raising any venture capital or outside funding.

As a self-funded Financial Services Software SaaS company, IndiSoft has built its business with no outside investment.

IndiSoft Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120052005 cumulative: $0 • 2005 Founded: $02005 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

IndiSoft Employees & Team Size

IndiSoft employs approximately 22 people as of 2026.

IndiSoft has 22 total employees in different roles and functions.

IndiSoft Team GrowthReported headcount over time0510152025200520072009201120132015201720192021002222Source: GetLatka.com
YearMilestone
2021Reached 22 employees (April 2021)

Founder / CEO

Vinayak Kulkami

Hans Rusli has more than 25 years of diversified experience as a senior mortgage banking executive in servicing, technology and mortgage enterprise risk management. During the past 12 years, he has held senior positions at Bank of America in consumer risk and Caliber Home Loans as Chief Credit Officer. Previously, Hans was senior vice president of servicing operations at Transworld Mortgage, senior vice president of investor services at First Nationwide Mortgage and a founder and CEO of MSTD Inc., the creators of BackInTheBlack, the mortgage industry’s first default servicing web-based platform. Hans has a bachelor’s degree in business administration from Houston University and an MBA from St. Thomas University.

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Customers

We do not have customer count information for IndiSoft yet.

Frequently Asked Questions about IndiSoft

What is IndiSoft's revenue?

IndiSoft generates $1.5M in revenue.

Who founded IndiSoft?

IndiSoft was founded by Vinayak Kulkami.

Who is the CEO of IndiSoft?

The CEO of IndiSoft is Vinayak Kulkami.

How much funding does IndiSoft have?

IndiSoft raised $0.

How many employees does IndiSoft have?

IndiSoft has 22 employees.

Where is IndiSoft headquarters?

IndiSoft is headquartered in Columbia, Maryland, United States.

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Compare IndiSoft to the industry

IndiSoft operates across multiple industries. Browse revenue, funding, and growth data for IndiSoft 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 .