Indicium: A Rising Star in Data and AI Consultancy

May 3, 2024, 9:33 pm
Indicium
Total raised: $40M
Indicium, a Brazilian data and artificial intelligence consultancy startup, recently secured a whopping $40 million in funding to fuel its expansion in the U.S. market. Founded in 2017, Indicium has quickly made a name for itself by helping enterprises harness the power of data to drive business value.

With a team of over 250 specialized data professionals, Indicium has successfully implemented its framework in more than 120 projects and deployed over 200 AI and machine learning models in production. Their track record speaks for itself, with claims of achieving over 150% return on investment for their customers, including big names like Burger King, PepsiCo, and Johnson & Johnson.

The recent funding round, led by Columbia Capital Corp., comes at a pivotal moment for Indicium as they set up their new U.S. headquarters in New York City. This strategic move will allow the company to build out a local team and better serve their growing customer base in the States.

Matheus Dellagnelo, the CEO of Indicium, expressed his excitement about the investment, highlighting the company's mission to help enterprises unlock the full potential of their data. With the new funding, Indicium plans to scale their operations across the U.S., hire top talent, and continue providing end-to-end solutions that drive real business value.

Indicium's rapid growth and impressive client roster are a testament to their expertise in the data and AI space. As they continue to expand their footprint in the U.S. market, it's clear that Indicium is a rising star to watch in the world of data consultancy.