Milan-based indigo.ai, a Vedrai Group company specializing in conversational AI, has raised €10M in Series B funding from Azimut Group. This investment follows a previous €2.5M round and aims to bolster indigo.ai's market consolidation in Italy and expand internationally. The company reported an impressive 88% increase in recurring revenue for the fiscal year ending December 2024. To support future growth, an Advisory Board has been established, bringing expertise in market strategies and partnerships. Azimut's CEO highlighted the importance of supporting transformative innovations.
As investors in venture capital and key players in the fintech ecosystem, our goal is to support innovative realities capable of transforming markets and sectors. indigo.ai perfectly embodies this ambition, thanks to an exceptional team that has demonstrated the ability to develop scalable and impactful technology solutions.
We are proud to support a project like indigo.ai, a pillar of our long-term strategy in the technology context. This round is not just a milestone but a commitment to innovation.
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