Intelligent CIO LATAM Issue 60 | Page 35

FEATURE

CAN AI SOLVE LATIN AMERICA’ S CRIME CRISIS? PAX’ S PLATFORM IS HELPING POLICE CLOSE CASES FASTER AND REDUCE VIOLENT CRIME

Brazilian AI company Pax has secured one of Latin America’ s largest-ever seed funding rounds after demonstrating how artificial intelligence can help law enforcement agencies reduce violent crime, improve investigative efficiency and solve thousands of criminal cases across Brazil.
or decades, crime has been one

F of Latin America’ s most persistent social and economic challenges. Across the region, police agencies face overwhelming caseloads, fragmented information systems and limited investigative resources. The result is a gap between the volume of crimes committed and the number successfully solved.

A Brazilian technology company believes artificial intelligence can help close that gap.
Pax, an AI-native public safety company headquartered in São Paulo, has announced a US $ 40 million seed funding round co-led by Greenoaks and Benchmark. The investment ranks among the largest seed financings ever raised in Latin America and comes as the company expands deployments across Brazil.
The funding follows results from the company’ s first large-scale implementation, where authorities reported a 27 % reduction in violent crime over six months. According to Pax, police
For decades, violence in Latin America was treated as inevitable. We believe it is unacceptable and solvable. www. intelligentcio. com
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