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Indicium Secures $40M for Expansion from Columbia Capital

Data and AI Firm Indicium Enhances US Presence

May 2, 2024
in Investment
Reading Time: 1 min read
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Indicium, a data and artificial intelligence consultancy with roots in NYC and São Paulo, Brazil, has successfully secured a $40 million investment from Columbia Capital. This substantial financial boost is aimed at augmenting the company’s operations within the United States, which currently accounts for 30% of its overall revenue.

The infusion of capital is earmarked for the establishment of a new headquarters in New York, which will serve as the fulcrum for Indicium’s expanding US activities. The creation of this strategic base involves both the expansion of their workforce and the scaling of local operations.

The leadership team, consisting of Matheus Dellagnelo as CEO, Isabela Blasi as CBDO, Daniel Avancini as CDO, and Vitor Avancini as CTO, directs the company’s vision and strategy. Since its establishment in 2017, Indicium has achieved remarkable growth, delivering specialized services that range from consultancy to training, as well as the development of innovative data platforms and products in Data Science, Analytics, and Artificial Intelligence.

Indicium’s expertise has been sought after by an impressive roster of multinational clients, including household names like Pepsico, Burger King, Bayer, and Volvo. The company’s trajectory has been one of rapid expansion, underpinned by its ability to provide tailored strategies and dedicated teams for data projects, as well as its hands-on approach from project conception through to completion.

Tags: AIColumbia CapitalData ConsultancyIndiciumInvestment
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