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/