Indxx
- Company typePrivate
- Founded2005
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
Indxx firmographics
Firmographics- Name
- Indxx
- Legal name
- Indxx Inc.
- Website
- https://indxx.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Where Indxx is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Indxx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Index Licensing: Indxx licenses its proprietary indices to ETF issuers and asset managers who launch investment products tracking those indices. Revenue is generated through licensing fees tied to the launch and ongoing AUM of products tracking Indxx indices.
- Index Services (Calculation & Administration): Providing index calculation, benchmark administration, and data/technology products (CAdmin, ITICS) to clients. Revenue is generated through service fees.
- Index Licensing - International ETFs: Licensing indices to international asset managers (e.g., Altshuler Shaham in Israel, Migdal in Israel) who launch ETFs on local exchanges.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Indxx product offering
Product offeringCore offering
Indxx is a global index provider that designs, develops, licenses, calculates, and administers proprietary indices for ETF issuers and asset managers. Its offering spans custom index development, a library of existing thematic and benchmark indices, index calculation and benchmark administration services, and data/technology products (CAdmin for corporate actions, ITICS for thematic classification). Over $45 billion in assets track Indxx indices across 165+ investment products globally.
Product overview
Indxx is a leading global index provider founded in 2005 with offices in the US and India, offering a comprehensive integrated indexing platform. The company's core offering consists of Custom Indexing services and Index Services (including calculation and administration), supplemented by Data & Technology products such as CAdmin for corporate actions management and ITICS for thematic classification. Indxx provides multiple index categories including Benchmark, Digital Asset, ESG, Income, Strategy, Thematic, and Alternative Strategy indices. The company manages over 165 products tracking its indices with over $45 billion in assets. Notable thematic indices include the Global Critical Metals Index, US Big Data Index, Building America Infrastructure Index, and Europe Infrastructure Index, which are licensed to partners like First Trust, Altshuler Shaham, and Migdal Mutual Funds for ETF products.
Differentiator
Problem solved
Functional benefit
Products and services
- Custom Indexing Bespoke index design service for institutional clients: Indxx crafts custom, rules-based indexes aligned to specific investment strategies and themes, delivered as a comprehensive package including methodology and supporting documentation.
- Index Licensing & Existing Indices Licensing of Indxx's proprietary indices — across benchmark, digital asset, ESG, income, strategy, thematic, and alternative categories — to ETF issuers and asset managers who use them as the basis for exchange-traded and index fund products.
- Index Calculation & Administration Full-service index calculation and benchmark administration for Indxx indices and third-party client indices, including ongoing maintenance, reconstitution, and publication of index values.
- CAdmin (Corporate Actions Solution) Proprietary technology product that processes and manages corporate actions for index operations, sold to asset managers and benchmark administrators needing reliable corporate-actions infrastructure.
- ITICS (Thematic Classification) Proprietary thematic classification system that categorizes companies by investment theme, used to construct and structure thematic indices and to support clients' thematic research workflows.
Quantifiable outcome
- $45bn+ in assets tracking Indxx indices globally
- +2 more outcomes
Companies that use Indxx
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Indxx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Indxx partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and major.
- First TrustcoreIndxx partnered with First Trust to develop the Indxx Europe Infrastructure Index, which underlies the First Trust Indxx Europe Infrastructure UCITS ETF (FTEI) launched on the London Stock Exchange in February 2026. The ETF provides exposure to up to 50 listed European companies in energy, transportation, and digital infrastructure sectors, with single holdings capped at 8% and a Total Expense Ratio of 0.60%.
- Altshuler ShahammajorIndxx licensed its US Big Data Index to Altshuler Shaham, which launched a related ETF trading in Israel. The index tracks US-listed companies in the technology sector involved with Big Data, with 16 constituents as of December 2025.
- First TrustcoreIndxx licensed its Global Critical Metals Index to First Trust, which launched the First Trust Indxx Critical Metals ETF (FMTL) trading on the NYSE. The ETF invests in companies involved in mining critical metals at high risk of supply disruption, supporting demand driven by advances in clean energy and technology. This was First Trust's 300th ETF.
- Migdal Mutual Funds Ltd.majorIndxx licensed its Building America Infrastructure Index to Migdal Mutual Funds Ltd., serving as the benchmark for a new ETF in Israel. The index tracks US-listed companies involved in infrastructure projects, benefiting from increased federal funding and private investments.
- Sprott Asset Management USAmajorSprott Asset Management's North Shore Global Uranium Mining Index (URNMX), which is tracked by the Sprott Uranium Miners ETF (URNM), is administered using Indxx's index infrastructure. Sprott announced modifications to the index including adjustments to security eligibility, weighting, and reconstitution timing, effective after the December 2025 rebalance.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Indxx competitors and assessment
Company assessmentDirect peers
- Solactive AG: German-headquartered independent index provider offering custom and thematic indices licensed to global ETF issuers. Closest direct competitor to Indxx in the niche independent indexer segment, with comparable B2B licensing model and similar focus on thematic and ESG indices.
- CRSP (Center for Research in Security Prices): US-based academic-derived index provider licensing benchmark and value/growth indices to ETF issuers (notably Vanguard). Comparable B2B licensing model and serves as another alternative for issuers evaluating index partners against Indxx.
- MarketVector Indexes: Independent index provider specializing in thematic, digital asset, and hard-asset indices licensed to ETF issuers. Most comparable peer to Indxx in niche thematic and digital-asset licensing, with overlapping client base among thematic ETF sponsors.
Broad incumbents
- MSCI Inc. Dominant global index provider offering broad benchmark, ESG, and thematic index families. A direct competitor on the index licensing side but operating at vastly greater scale with incumbent flagship benchmarks (MSCI World, EM). Overlaps with Indxx in thematic and ESG licensing.
- S&P Dow Jones Indices: Joint venture index provider operating the S&P 500 and Dow Jones benchmarks and an extensive thematic index family. Competes with Indxx for ETF issuers seeking established benchmarks, and increasingly in thematic categories where Indxx also licenses.
- FTSE Russell: London-based global index provider owned by London Stock Exchange Group offering benchmark, factor, and thematic indices. Overlaps with Indxx in licensing indices to ETF issuers across geographies including the UK and Israel.
- Bloomberg Index Services Ltd. Index provider owned by Bloomberg, offering multi-asset benchmark and thematic indices. Competes with Indxx for institutional licensing mandates, particularly for asset managers seeking integrated data and index products.
- ICE (NYSE/ICE Indices): Intercontinental Exchange operates benchmark and commodity indices including the NYSE family. A broad incumbent that overlaps with Indxx in fixed-income, commodity, and thematic licensing for institutional clients.
- STOXX Ltd. European index provider owned by Deutsche Börse offering benchmark, ESG, and thematic indices. A natural competitor in the European UCITS ETF market where Indxx has launched the FTEI infrastructure ETF.
Regional players
- CSI Indices (China Securities Index Co.): China-focused index provider affiliated with the Shenzhen and Shanghai stock exchanges, offering A-share and thematic indices. Not a direct competitor in US/Europe but serves the China thematic universe where Indxx's emerging-themes portfolio intersects.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Indxx social profiles
Digital presenceIndxx financial estimates
Financial estimateRevenue estimate
Valuation estimate
Indxx leadership team
Management profileNumber of profiles
Profiles2 records
Indxx funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Indxx M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Indxx
What does Indxx do?
Indxx is a global index provider that designs, develops, licenses, calculates, and administers proprietary indices for ETF issuers and asset managers. Its offering spans custom index development, a library of existing thematic and benchmark indices, index calculation and benchmark administration services, and data/technology products (CAdmin for corporate actions, ITICS for thematic classification). Over $45 billion in assets track Indxx indices across 165+ investment products globally.
Is Indxx a public or private company?
Indxx is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Indxx founded?
Indxx was founded in 2005. It employs 101 to 250 people.
Where is Indxx based?
Indxx is headquartered in New York, United States, in the North America region.
How does Indxx make money?
Three revenue lines are on record. Index Licensing is the primary driver. The others are index Services (Calculation & Administration) and index Licensing - International ETFs.
Who are Indxx's main competitors?
Direct peers on record are Solactive AG, CRSP (Center for Research in Security Prices) and MarketVector Indexes. Broad incumbents are MSCI Inc., S&P Dow Jones Indices, FTSE Russell, Bloomberg Index Services Ltd., ICE (NYSE/ICE Indices) and STOXX Ltd.. CSI Indices (China Securities Index Co.) is listed as a regional player.
Does Indxx have an API?
No public API is recorded for Indxx.