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Data and AI Consultancy Indicium Scales with $40 Million Investment from Columbia Capital
NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Indicium announces that Columbia Capital has committed to a $40 million capital plan to accelerate Indicium's growth in the United States. Indicium, a data and AI powerhouse originally founded in Brazil, offers a range of solutions to help large enterprises organize and use their data to scale AI. The investment will be used to further expand the Company's US operations (which currently represents 30% of its revenue) and create a US HQ in New York, building its local team. This is in addition to continuing to consolidate the Company's position as the premier data and AI consulting organization in the LATAM region.
Indicium's mission is to help enterprises become "data-driven" using a Modern Data Stack (such as AWS, Databricks, Google Cloud, Snowflake and dbt, among others). Since its inception in 2017, Indicium has grown rapidly, delivering measurable transformations and unlocking millions of dollars of value for global enterprise customers, including Pepsico, Burger King, Bayer and Volvo.
Gaining access to trustworthy data is essential for organizations to leverage the transformational power of AI. Indicium has the capability to support organizations at every stage of the journey, from strategy to execution ...