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IndX logo — An Engineering Group Company leading the digital transformat...

IndX

An Engineering Group Company leading the digital transformation journey to make the future of industry possible.

Founded 1996 United States Chicago, United States 435 employees Venture round Total: $17.50M Analytics, Enterprise Software +1

General Information

Company Name IndX
Founded Year 1996
Location United States Chicago, United States
Employees 435
Industries Analytics, Enterprise Software, Manufacturing
Funding Stage Venture round
Business Model B2B, SaaS, Platform
Revenue Model Service Fee, Consulting Fee, Project Based
Social

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About IndX

IndX is a dynamic division within the Engineering Group, characterized by its forward-thinking slogan: "An Engineering Group Company leading the digital transformation journey to make the future of industry possible." Founded in 1996, this company operates at the intersection of Analytics, Enterprise Software, and Manufacturing, with headquarters in the United States. The Engineering Group boasts an impressive annual revenue of over $1.7 billion and a workforce of approximately 15,000 professionals across 70 office locations globally.

Through IndX, the Engineering Group delivers end-to-end digital transformation solutions across industries, profoundly impacting sectors like Augmented City, Smart Transportation, and Digital Finance. Their last investment was a $7.50M Venture Round on January 30, 2003, supported by key investors: First Analysis, Next47, Sanders Morris Harris, Excalibur Partners, and Marwit. This highlights strategic growth, making IndX an attractive prospect for further investment.

Business keywords: Digital Transformation, Industrial Automation, Smart Energy & Utilities, Smart Transportation, E-Health, Smart Government, Digital Finance, System Integration, Industry 4.0, Manufacturing Execution Systems (MES), Product Lifecycle Management (PLM), Manufacturing Operations Management (MOM), Internet of Things (IoT)

Services & Products

Software Implementation & Support
Digital Ecosystem Development
AI and Machine Learning Solutions
Digital Thread Solutions
Simulation and Digital Twins
Industry 4.0 Solutions
Product Design Automation

Target Customers

Aerospace & Defense Companies Automotive & Industrial Machinery Manufacturers Pharmaceutical & Life Sciences Companies Food, Beverage & Tobacco Manufacturers Electronics, Batteries & Semiconductors Producers Oil, Gas & Petroleum Operators Medical Device Manufacturers Transportation & Infrastructure Providers Retail, Fashion & Consumer Goods Companies Agribusiness & Chemical Producers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $7.50M 5
First Analysis Next47 Sanders Morris Harris
First Analysis, Next47 +3
30 Jan 2003
Series C $10.00M 3
First Analysis Sanders Morris Harris
First Analysis, Sanders Morris Harris +1
19 Jan 2000
Venture Round Undisclosed 1
Tech Coast Angels
Tech Coast Angels
01 Oct 1998

IndX Alternatives & Competitors

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IndX vs
Arcstone | Digital Manufacturing
Arcstone | Digital Manufacturing Singapore

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IndX vs
MachineMetrics
MachineMetrics United States

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IndX vs
Fox Solutions Pvt.Ltd
Fox Solutions Pvt.Ltd India

Concept to Commissioning. Fox Solutions is now Fox Solutions Pvt.Ltd

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FAQ About IndX

An Engineering Group Company leading the digital transformation journey to make the future of industry possible.
IndX was founded in 1996.
IndX is headquartered in Chicago, United States.
IndX operates in Analytics, Enterprise Software and Manufacturing. Its work centres on Digital Transformation, Industrial Automation, Smart Energy & Utilities and Smart Transportation. Its customers include Aerospace & Defense Companies, Automotive & Industrial Machinery Manufacturers and Pharmaceutical & Life Sciences Companies.
IndX has a B2B, SaaS and Platform business model. Its revenue comes from Service Fee, Consulting Fee and Project Based.
IndX has approximately 435 employees.
IndX has completed 3 funding rounds, raising a total of $17.50M. The latest funding stage is Venture round.
IndX offers: Software Implementation & Support, Digital Ecosystem Development, AI and Machine Learning Solutions, Digital Thread Solutions, Simulation and Digital Twins, Industry 4.0 Solutions, Product Design Automation.
Top alternatives and competitors to IndX include Arcstone | Digital Manufacturing, MachineMetrics, Fox Solutions Pvt.Ltd, QuinLogic, Ascalia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
IndX and Arcstone | Digital Manufacturing are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for IndX, https://bouncewatch.com/company/engineering-industries-excellence, updated 10 April 2026. When citing, please name BounceWatch and link this page.

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