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Brazilian data and AI consultancy Indicium raises $40M for US expansion

  • Brazilian data and AI consultancy startup Indicium has raised $40 million in funding to expand its operations in the U.S.
  • Indicium helps enterprises become 'data-driven' using modern data stacks and provides services covering data strategy, engineering, science, AI, and machine learning solutions.
  • The company has delivered over 600 consulting projects, implemented its framework in 120 projects, and deployed more than 200 AI and machine learning models in production.
  • The funding, led by Columbia Capital Corp., will be used to scale the team and operations across the U.S. as Indicium sets up its new headquarters in New York City.

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