indagia

Name

indagia

Legal name

indagia AG

Website

https://indagia.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Audit and Accounting Software

NAICS

Software Publishers (513210), Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC)

akta.pro secondary industries

Expense Management & T&E Audit (Employee Expenses, Corporate Cards) (BPAAAGAE), OCR, ICR & Intelligent Document Processing (IDP) (BPAAAKAB), Regulatory Readiness & Audit Automation (e.g., EU AI Act, NIST AI RMF, ISO/IEC 42001) (HDAAAMAE)

Keywords

• AI audit software
• Invoice OCR automation
• Financial audit platform
• Expense management software
• Fraud detection solutions

Headquarters

HQ city

Freienbach

HQ country

Switzerland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Per-Invoice Processing Fee: Transaction-based pricing at CHF 0.49 per invoice processed through the platform
2. Light Package Subscription: Monthly subscription at 17.49 CHF allowing booking up to 100 receipts with automation features
3. Managed Services: Outsourcing service where indagia extracts, validates, and submits journals directly to customer's ERP. Priced per invoice at CHF 0.49

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

indagia AG builds an AI- and OCR-powered audit and accounting automation platform that extracts invoice and receipt data, reconciles bank and credit card transactions, performs 100% transaction-level risk analysis, and generates audit documentation. Its software is delivered to accounting firms, fiduciaries, CPAs and SMEs via a web platform, mobile apps, and deep ERP integrations (bexio, SAP, Microsoft Dynamics, Datev, Winbiz, etc.).

Product overview

indagia is a RegTech company offering a suite of AI-powered accounting and audit solutions. The product portfolio consists of three core products: Financial Auditor (comprehensive AI audit platform for CPAs and external auditors), TREUHAND.AI (automated invoice capture for fiduciaries), and Spesen.AI (integrated invoice extraction tool for bexio). An optional Managed Services add-on enables full outsourcing of invoice data entry. Key capabilities include advanced OCR for document processing, automated reconciliation, fraud detection, and intelligent audit assistance via the Indi Bot virtual assistant. The platform supports multiple ERP integrations and is marketed as enabling companies to perform audit and accounting work up to 3x faster while reducing costs by up to 70%.

Differentiator

Problem solved

Functional benefit

Brands

• Treuhand.AI: Software for automatic extraction of invoice data with OCR technology, designed for fiduciaries and accountants.
• Spesen.AI
• Financial Auditor
• Expense Auditor
• indi bot
• blueAUDIT GmbH

Products and services

• Financial Auditor AI-powered audit software for external auditors and CPAs. Performs intelligent financial analysis, generates visualizations and KPIs, tests financial data automatically, analyzes 100% of transactions and accounts, identifies unusual transactions via machine learning, and uses the Indi Bot assistant for client collaboration and audit evidence collection.
• TREUHAND.AI Automated invoice capture and processing software for fiduciaries and trust companies. Uses advanced OCR to extract and validate scanned invoices in seconds, reconciles credit cards with invoices, and integrates with multiple ERP systems.
• Spesen.AI Integrated invoice extraction tool specifically built for bexio users. Captures receipt and invoice data in under 5 seconds and books them automatically, including credit card reconciliation. Available as a web product and as a mobile app for iOS/Android.
• Managed Services Outsourcing service where indagia extracts, validates, and submits journals directly to the customer's ERP. Customers only review and approve journals, ensuring correctness. Priced at CHF 0.49 per invoice.

Quantifiable outcome

• 70% cost reduction in audit and review processes
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability10 records

Feature8 records

Partnerships

14 partnerships are on record, tiered core, key, minor and integration.

• bexiocoreTechnology or Integration · 17 April 2020Deep integration partnership with bexio Swiss accounting software. Treuhand.ai and Spesen.ai are fully integrated with bexio, directly accessing accountant inboxes and exporting processed data to corresponding modules. Launched spesen.ai app in bexio marketplace.
• MicrosoftkeyGTM or Marketing Partner · 29 January 2019Joint presentation at Microsoft Pop-up House in Zürich showing how audit organization efficiency can be optimized
• OracleminorGTM or Marketing Partner · 15 November 2018Participated in Oracle Swiss Cloud Innovation Breakfast, sharing business approaches on market disruption and new business models
• blueAUDIT GmbHcoreOthers · 1 September 2018Wholly-owned subsidiary founded to offer direct audit services to companies. Used to perform the world's first 5 fully automated statutory audits.
• SAPintegrationTechnology or IntegrationIntegration partnership for SAP ERP system compatibility
• Microsoft DynamicsintegrationTechnology or IntegrationIntegration with Microsoft Dynamics accounting software
• DatevintegrationTechnology or IntegrationIntegration with Datev German accounting software popular among accountants
• WinbizintegrationTechnology or IntegrationIntegration with Winbiz accounting software
• BananaintegrationTechnology or IntegrationIntegration with Banana accounting software
• SageintegrationTechnology or IntegrationIntegration with Sage accounting software
• TopalintegrationTechnology or IntegrationIntegration with Topal accounting software
• ABACUSintegrationTechnology or IntegrationIntegration with ABACUS accounting software
• BMDintegrationTechnology or IntegrationIntegration with BMD accounting software
• Wirtschaftsprüferkammer (WPK)keyOthersGerman Chamber of Auditors officially recommends indagia for auditors and accountants in Germany

Scale indicators7 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• MindBridge Analytics: AI-powered financial risk and audit analytics platform that ingests 100% of transactions to surface anomalies and risk. Most direct head-to-head competitor to indagia's Financial Auditor module, serving the same external-auditor/CPA customer segment.
• Rossum: AI-based intelligent document processing platform specializing in invoice and order data extraction with deep ERP integrations. Direct competitor to Treuhand.ai and Spesen.ai in the European invoice-OCR/AP-automation category.

Broad incumbents

• UiPath: Public enterprise RPA/automation platform with document-understanding capabilities that competes for the same AP automation and invoice-processing budgets as indagia, but at much larger scale and across multiple verticals.
• ABBYY: Long-established OCR and intelligent document processing vendor (FlexiCapture, Vantage) with deep ERP and accounting integrations. Competes on the same core OCR/invoice-extraction capability as Treuhand.ai.
• Kofax (Tungsten Automation): Enterprise IDP and process-automation vendor with invoice-processing and AP-automation modules. Competes with indagia in mid-market and enterprise accounts needing advanced OCR and ERP integration.
• Caseware: Long-standing audit and accounting software suite (CaseWare, IDEA) used by audit firms globally. Competes with Financial Auditor for the same external-auditor workflow, with deeper installed base among Big Four and mid-tier firms.

Emerging players

• Hyperscience: AI-driven document processing and automation platform targeting enterprise back-office workflows including financial services. Competes with indagia's IDP/OCR layer, with a stronger enterprise GTM motion.
• Vic.ai: AI-powered autonomous accounting and AP-automation platform that ingests invoices and processes approvals. Direct overlap with indagia's Treuhand.ai and Managed Services offerings for accounting firms and mid-market finance teams.
• AppZen: AI platform for automated expense report auditing and invoice compliance, with fraud detection. Closely aligned with Spesen.ai's expense-audit and T&E compliance use cases.
• Veryfi: AI-powered OCR and data extraction API for receipts, invoices, and documents, sold via SDK/API to developers. Comparable technology layer to indagia's OCR engine, though primarily API/developer-oriented vs. indagia's vertical SaaS approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks4 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/indagia-110278203896626
• Instagraminstagram.com/indagia_ag
• YouTubeyoutube.com/channel/UCgG-Y9VczXxGzM87yB4r6Yw
• LinkedInlinkedin.com/company/indagia

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about indagia