Paulo Cordeiro, CEO at 4MDG
4MDG, a startup at the forefront of automating Master Data Management (MDM) with AI, has secured a R$3.8 million investment. The funding round, led by BR Angels and supported by Darwin Startups, will fuel the development of new features and the expansion of AI applications within its platform. This move is set to accelerate the onboarding process for clients, suppliers, and products, and to drive sales and marketing growth.
The Sao Paulo-based company, established in 2017, is also looking to consolidate its market position by launching a master data management academy. This initiative aims to certify and connect thousands of professionals with job opportunities among 4MDG’s clientele. Additionally, the company is organizing the second ‘Amigos dos Cadastros’ event, Brazil’s largest in the field of data management.
With ambitions to sextuple its revenue by 2027 and become the leader in MDM in Latin America, 4MDG is on a trajectory to surpass 300 new clients. The startup’s growth strategy is backed by a previous R$1 million investment from Meta Ventures in 2021. CEO Paulo Cordeiro values the investors’ expertise beyond capital, anticipating that their strategic advice and industry insights will be pivotal in navigating the company through its next growth phase. Orlando Cintra, CEO of BR Angels, recognizes 4MDG’s potential for scalability and sustained profitability, underpinned by its low churn rate and the increasing importance of AI and data governance in the enterprise market.
