Indicio
Seattle, US · Founded 2020 · 14 known investors
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Indicio is a technology company focused on decentralized identity and verifiable credential solutions, offering products and services built on distributed ledger and network infrastructure. It serves organizations seeking trusted digital identity and data verification tools.
Founders & leadership
Indicio was founded in 2020 by Frances Donegan-Ryan and Heather C. Dahl.



Investors · 14
How we know: the company's own site · Not right? Tell us
How we know: 37 Angels's portfolio page · apnews.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: apnews.com · Not right? Tell us
How we know: TCP Venture Capital's portfolio page · Not right? Tell us
How we know: apnews.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: funding news · apnews.com · Not right? Tell us
Also in the syndicate · 7
Funding
SEC filings, press & company announcements$6.7M disclosed across 2 of 4 rounds · 2022–2024
- Undisclosed amountSeed RoundApr 2022
Hard Yaka (lead), 37 Angels, Alliance of Angels, Angel Investment Trust, Breakaway Partners OU, Dingman Center Angels, Liquid Avatar Technologies Inc., NuFund Venture Group fma Tech Coast Angels - San Diego, SWAN Venture Fund, SWAN Venture Group
Source ↗
▶$3.1MraisedApr 2024 · 51 investors · Other TechnologyRule 506(b)
- Heather DahlExecutive Officer, Director
- Offering amount
- $3.1M
- Amount sold
- $3.1M
- Minimum investment
- $3K
- First sale
- Jan 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$3.6MraisedApr 2022 · 54 investors · Other TechnologyRule 506(b)
- Heather DahlExecutive Officer, Director
- Offering amount
- $3.6M
- Amount sold
- $3.6M
- First sale
- Jan 2022
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Indicio do?
- Indicio is a technology company focused on decentralized identity and verifiable credential solutions, offering products and services built on distributed ledger and network infrastructure. It serves organizations seeking trusted digital identity and data verification tools.
- Who founded Indicio?
- Indicio was founded by Frances Donegan-Ryan, Heather C. Dahl in 2020.
- Who are Indicio's investors?
- Indicio's investors include Black Mountain Investment Group, 37 Angels, K Street Capital, Swan Venture Fund, TCP Venture Capital, Alliance of Angels, Hard Yaka.
- How much funding has Indicio raised?
- Indicio has disclosed $6.7M raised across 2 of its 4 known rounds.
- Where is Indicio headquartered?
- Indicio is headquartered in Seattle, US.






