22 April, 2022

Scaling Indebted: From Solo Founder to Global Expansion with Josh Foreman, Founder & CEO, InDebted

Welcome to The Founders Blueprint—Innovation Bay’s brand-new podcast, where we break down the journey of building and scaling great companies. From the highs to the lows and everything in between, we uncover the real stories behind entrepreneurial success.

In each episode, host Phaedon Stough sits down with an inspiring founder to explore the hard-won lessons, mistakes, and pivotal moments that shape their journey.

For Episode One, Phaedon catches up with Josh Foreman, Founder and CEO of InDebted, who is revolutionising the global debt collection industry through technology, data, and customer insights. A longtime friend and member of Innovation Bay, Josh recently relocated to Dallas, Texas, to scale InDebted.

In this episode, you’ll hear:

• Josh’s experience as a sole founder and the challenges that come with it.
• The decision to raise a Series C round led by Australian VC firm AirTree, despite now being US-based.
• How InDebted has achieved rapid global growth, scaling to over 320 employees across Australia, the US, and beyond—with plans to enter 3–4 new markets this year.
• InDebted’s 2025 goals, including expansion into new product areas to become a multi-product platform.
• The key challenges of entering the US market, from navigating regulations to building a local presence and hiring senior talent.

We’re thrilled to kick off The Founders Blueprint with this conversation and can’t wait to share more stories from the founders shaping the future. Tune in, subscribe, and join us as we explore what it takes to build a truly great company.