4MDG Raises $760,000 in Funding

by Kay Aloha Villamor in February 26th, 2024

4MDG, a Sao Paulo, Brazil-based startup that offers an AI-powered SaaS platform that sanitizes, gathers, standardizes, and stores data from clients and suppliers, raised $760,000 in a funding round.  

SaaS Investors  

The round was led by BR Angels, with participation from Darwin Startups.  

BR Angels is Based in Sao Paulo, Brazil, a private, non-profit association, made up of a limited number of members, individuals, and legal entities, to promote the development of startups. Founded in 2019, the firm focuses on startups operating in Brazil.  

4MDG Use of Funds  

The company will use the funds to introduce new functionalities to its platform, grow its team, and consolidate its brand in Latin America.  

About 4MDG  

Founded in 2017, 4MDG is a company that has developed a master data governance software suite intended to offer management, sanitation, and enrichment of all types of records. The company's platform specializes in registry sanitation, data governance, data analysis, and integrated and customized solutions. Its software solves the problem of disorganized and inconsistent data across a variety of platforms. 4MDG has over 70 clients in Brazil, Argentina, and the US.  

Funding Details      

Company: 4MDG  

Raised: $760K        

Round: Unknown     

Funding Month: February 2024                             

Lead Investors: BR Angels   

Additional Investors: Darwin Startups   

Company Website: https://4mdg.com.br/  

Software Category: Master Data Management Solution  

Source: https://latamlist.com/4mdg-raises-760k-from-br-angels/  

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