InDebted

First Investment: October 2024

Founded by Josh Foreman in 2016 Indebted is a global leader in third party digital collection. The business model leverages machine learning and a data driven collection platform to disrupt traditional debt collectors. The platform is customer centric and personalises the process for each individual consumer. The company is targeting a US$48bn addressable market. Indebted is the only significant company with an automated data driven approach that has a global footprint with code-controlled compliance across major global jurisdictions.

Indebted has established itself as the market leader globally in third party digital collections. Indebted differentiates from its competitors due to its superior machine learning capabilities.  This ultimately encourages clients to self-serve through the platform, with exceptional two-way customer engagement. This leads to greater recovery rates for clients, whilst reducing agent costs.