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Columbia, Maryland, United States
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.
Last updated
In 2021, IndiSoft's revenue reached $1.5M. Since its launch in 2005, IndiSoft has shown consistent revenue growth.
IndiSoft reached a $4.4M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $4.4M | - |
CEO
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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We do not have customer count information for IndiSoft yet.
IndiSoft employs approximately 22 people as of 2026.
IndiSoft generates $1.5M in revenue.
IndiSoft was founded by Vinayak Kulkami.
The CEO of IndiSoft is Vinayak Kulkami.
IndiSoft raised $0.
IndiSoft has 22 employees.
IndiSoft is headquartered in Columbia, Maryland, United States.
IndiSoft operates across multiple industries. Browse revenue, funding, and growth data for IndiSoft in each sector below.
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.
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Valuation
$4.4M
2021 Revenue
$1.5M
Funding
$0
Team
22
Founded
2005
| Year | Milestone | Source |
|---|---|---|
| 2021 | IndiSoft Hit $1.5m revenue in April 2021 | |
| 2005 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 22 employees (April 2021) |
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