French Startup Indy Clinches $44 Million in Series-C to Streamline Tax and Paperwork for Freelancers
Indy, a leading provider of an all-in-one application for independents, has successfully raised 40 million euros in a Series-C funding round led by BlackFin Capital Partners, La Maison, and iXO. This significant investment will enhance Indy’s offerings, including enterprise creation, automated accounting, and soon, a free professional account. Targeting freelancers, liberal professionals, craftsmen, and auto-entrepreneurs, Indy aims to simplify their administrative and financial challenges. With a user base of over 70,000, Indy continues to evolve its services to meet the diverse needs of independents.
By Côme Fouques, November 20, 2023, 4 Minute Read
The entire Indy team is proud to announce that we have raised 40 million euros from BlackFin Capital Partners, La Maison, and iXO. We will continue to enrich our all-in-one application dedicated to independents: it is already possible to create one’s business and automate accounting with Indy, and starting January, a professional account will be directly accessible on Indy, free of charge.
10 Million Independents Deserving a Tailored Solution
Freelancers, liberal professions, craftsmen, auto-entrepreneurs: with over 500,000 business creations in 2022 according to INSEE, independents are increasingly numerous every day. And this trend is not likely to stop, especially with the latest changes in the world of work (remote work, independence, multi-activity, etc.).
Although there are more than 10 million independents, unlike companies, they have no all-in-one solution specially designed to meet their administrative, accounting, and financial needs. For many, administration is one of the main daily difficulties, or even a major obstacle to getting started.
Our mission at Indy is to support all independents by simplifying their daily lives and making them autonomous through a simple and suitable all-in-one application.
Indy, the Market Leader for Independents
Since Indy’s inception in 2016, we have dedicated ourselves to independents. After a first fundraising of 1 million euros in 2018, a second (Series-A) of 10 million euros in 2019, and a third (Series-B) of 35 million euros two years later, Indy is now raising 40M€ in Series-C.
We have built an all-in-one application specially designed for independents, and our team of advisors who know the problems they face is available to respond to them in just a few minutes.
Today we have become the market leader: more than 70,000 independents trust us daily and express their satisfaction through thousands of 5-star reviews. Thank you!
To make Indy usable by as many people as possible, we made a strong choice in 2022: we made most of Indy’s functionalities free. Only the functionalities that allow for the realization of mandatory fiscal and social declarations are paid (subscriptions starting from 20 euros per month).
Enriching the Offer and Supporting 1 Million Independents
Indy already allows for creating one’s company, managing it daily (automated accounting, quotes, invoices, bank synchronization, centralization of documents, expense reports, payroll, etc.), and making declarations.
We will continue to enrich the offer with new features. We are launching a 100% free Indy professional account in January 2024 and have many more surprises in store for you!
To support 1 million independents by 2027, we are constantly adapting Indy so that it can be used by everyone. After launching our offers for SCI, SCM, and merchants in 2023, we will launch a version of Indy specially adapted for micro-enterprises in January.
To meet all these challenges, we are recruiting 200 talents and looking for various profiles (customer service, product, tech, sales, marketing, etc.) to join the adventure. Do you want to join a company with a strong culture? Do you find yourself around values like kindness, transparency, and autonomy?
