TheMathCompany, a Chicago, IL- and Bangalore, India-based global data analytics and data engineering firm that partners with companies to enhance their analytics capabilities, secured $50m in funding.
The round was led by Brighton Park Capital, an investment firm that specializes in collaborating with growth-stage software, healthcare, and tech-enabled services businesses. Existing investor, Arihant Patni, also participated in this round. As part of the transaction, Jeff Machlin, Partner of Brighton Park, will join the Board of Directors.
The minority investment will accelerate the company’s expansion in the US and EU markets, as well as enhance its proprietary platform, Co.dx.
Founded by Sayandeb Banerjee, Aditya Kumbakonam, and Anuj Krishna, TheMathCompany is a global data analytics and data engineering firm that partners with Fortune 500 and equivalent organizations to enhance their analytics capabilities, using IP-led assets, talent, and processes to deliver accelerated and human-centric solutions. The company provides a holistic range of services across data engineering, science, and unique project delivery via nearly 1,000 data scientists, data engineers, and domain experts. TheMathCompany partners with Fortune 500 customers across the CPG, Retail, Pharma, Automotive, Technology, and Manufacturing industries in the US, UK, and EU.