Sao Paulo Startup 4MDG Raises $760K for AI-Driven Data Management
Sao Paulo-based startup 4MDG has secured $760,000 in a recent funding round. The round was led by BR Angels, with additional support from Darwin Startups and other investors including HTGF and business angels.
4MDG, established in 2017, provides an AI-driven SaaS platform for data sanitization, gathering, standardization, and storage. The company specializes in registry sanitation, data governance, and integrated solutions for disorganized and inconsistent data.
With over 70 clients in Brazil, Argentina, and the US, 4MDG aims to consolidate its brand in Latin America. The funding will be used to introduce new functionalities to its platform, expand its team, and achieve this goal.
The funding round, led by BR Angels and involving several other investors, will enable 4MDG to enhance its platform and grow its team. This will further strengthen its position in the Latin American market, offering robust data management solutions to its expanding client base.
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