Frans Andersen
- CEO at Indicio Technologies
GetLatka interview
How Indicio Technologies Reached $200K–$210K in Annual Revenue (Interview with CEO Frans Andersen)
Frans Andersen (CEO of Indicio Technologies) spoke to Nathan Latka on January 4, 2023.
Indicio Technologies figures from the interview
- Annual Revenue (2023)
- $200K–$210K
- Valuation (2022)
- $7,500,000
- Team Size (2023)
- 8
- Latest Round (2022)
- $400,000
“So it's yeah. We're a SaaS company, so it's a subscription based. We're charging for for the industrial companies €4,000 per site and or for the first site and for additional sites, it's a €3,000 per month.”
“Two sorry. 20,000. I'm trying to convert.”
“So finance, they were selling through a partnership. So we signed a partnership agreement for roughly a year ago. We spent the spring to teach their whole sales organization, as well as their support and customer success. And during the summer, they started to hold webinars upon our technology. And during August, they were converting the first paying client. So this is the segment that is, I mean, increasing exponentially, because this partner has a large global sales organization.”
Bio
Six years ago I worked at an OEM evaluating their forecast accuracy. I realized that a simple statistical model could outperform not only the internal forecasts but also forecasts from international experts by at least 50%. Later on, I tried to find software that applied these models suited for non-statisticians. I found nothing. That's when I teamed up with David and Daniel to build the best forecasting platform for non-statisticians. Today our technology is applied within automotive, construction, and finance.