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Databricks Makes First Latin American Startup Investment in Indicium
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Databricks invests in Latin American AI consultancy Indicium to deepen regional footprint and AI services expansion.
Databricks Ventures has acquired a minority stake in Indicium, a data & AI consultancy originally founded in Brazil, making it its first investment in a Latin American startup. Indicium, with 450 employees, raised $40 million in early funding in 2024 and expects its U.S. revenue portion to grow from 30% in 2024 to 60% by 2026. The move aligns with Databricks’ expansion across Latin America and strengthens its partner ecosystem. The funding terms were not disclosed, but the collaboration promises to deepen in AI customer solutions.