Enterprise Wire India
TheMathCompany, a world information analytics and information engineering agency that companions with firms to boost their analytics capabilities, right now introduced that it has secured $50 million in investments. The spherical of funding was led by Brighton Park Capital, an funding agency that makes a speciality of collaborating with growth-stage software program, healthcare, and tech-enabled providers companies. Present investor, Arihant Patni, additionally participated on this spherical. The minority funding will speed up TheMathCompany’s growth within the US and EU markets, in addition to improve its next-generation, proprietary platform, Co.dx, which drives worth for companies by means of analytics at pace and scale.
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Based by trade leaders, Sayandeb Banerjee, Aditya Kumbakonam, and Anuj Krishna, TheMathCompany is a high-growth agency that employs practically 1,000 information scientists, information engineers, and area specialists. The corporate represents and companions with Fortune 500 clients throughout the CPG, Retail, Pharma, Automotive, Expertise, and Manufacturing industries within the US, UK, and EU. Enabling purchasers with a various set of capabilities powered by Co.dx, the group implements information science and engineering initiatives throughout enterprise features, together with advertising, provide chain, R&D, and finance. TheMathCompany’s hybrid mannequin unifies Co.dx with a complete consulting strategy to ship customized, cutting-edge analytics and AI-driven property, serving to clients implement profitable and strategic enterprise choices.
“We’re thrilled to announce Brighton Park Capital’s funding,” stated Sayandeb Banerjee, CEO of TheMathCompany. “The agency’s deep expertise sector experience and confirmed monitor report of scaling international enterprises shall be instrumental to our development.”
“We sit up for partnering with TheMathCompany’s founders and your entire workforce to assist their continued development,” stated Mark F. Dzialga, Managing Associate of Brighton Park Capital. “TheMathCompany is positioned for continued success because it strengthens its model recognition and expands within the US and EU markets, supporting clients on their missions to seize worth by means of information analytics.”
“TheMathCompany is poised to turn out to be one of many largest information and analytics consultancies on the earth, supported by a world-class workforce of knowledge engineers and scientists, and complemented by the ability of the Co.dx platform to ship extra worth, quicker, for patrons. I couldn’t be extra excited to accomplice with Sayandeb, Aditya, and Anuj on the numerous alternatives forward,” stated Jeff Machlin, Associate of Brighton Park. As a part of the transaction, Jeff Machlin will be part of the Board of Administrators.
“Whereas most gamers within the trade have taken many years to develop to our dimension, we now have constructed this robust basis inside 5 years.Brighton Park Capital’s partnership will additional speed up our plans to turn out to be the world’s main international analytics consultancy,” stated Aditya Kumbakonam, Chief Buyer & Progress Officer at TheMathCompany. “As we develop and evolve, this funding will assist us proceed to deliver elevated service and constant high quality to our clients.”
Anuj Krishna, Chief Product Officer at TheMathCompany, stated, “With Brighton Park Capital as buyers, we’re excited to proceed creating higher alternatives for our individuals to develop their careers, whereas increasing the enterprise globally. TheMathCompany will proceed to take a position closely in Co.dx – a big and significant differentiator in our journey to assist enterprises scale and resolve issues quicker.”
TheMathCompany employs main information scientists and engineers globally whereas additionally recruiting rising expertise from top-tier universities. New hires take part in a complete onboarding and coaching program with the corporate’s in-house development accelerator, Co.ach. This system is designed to assist workers upskill throughout analytics disciplines and adapt to the trade’s ever-changing dynamics. Along with fostering continued profession improvement, the agency incentivizes workers with a inventory possession program, enabling them to take part in TheMathCompany’s continued development and future success.
Avendus Capital served as monetary advisor and Shardul Amarchand Mangaldas & Firm served as authorized counsel to TheMathCompany. Bharucha & Companions and Paul Weiss served as authorized counsel to Brighton Park Capital.
TheMathCompany is a world information analytics and information engineering agency that companions with Fortune 500 and equal organizations to boost their analytics capabilities, utilizing IP-led property, expertise, and processes to ship accelerated and human-centric options. TheMathCompany has been acknowledged as one of many fastest-growing analytics corporations on the earth and has been featured amongst international high-growth corporations by Nikkei-FT-Statista’s 2021 Progress Champions listing, NASSCOM’s AI Gamechangers 2021 report, and the Everest Group’s PEAK Matrix® Evaluation 2021. Offering a holistic vary of providers throughout information engineering, science, and distinctive venture supply, the corporate is disrupting the analytics trade. For extra details about TheMathCompany, please go to www.themathcompany.com.
About Brighton Park Capital
Brighton Park is a Greenwich, CT-based funding agency that makes a speciality of software program, healthcare, and technology-enabled providers. The agency invests in firms that present extremely modern options in partnership with nice administration groups. Brighton Park brings purpose-built value-add capabilities that match the distinctive necessities of every of its firms. For extra details about Brighton Park, please go to www.bpc.com.