Indicator Capital
Overview
Indicator Capital is a Brazilian venture capital firm founded in 2014 that specializes in early-stage deep-tech, Internet of Things (IoT), and AI companies.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| iugu | Sep 2020 | Series A | Co-investor |
| Monuv | Aug 2024 | VC Round | Lead |
| Multiledgers | Nov 2024 | Seed | Lead |
| Axenya | Aug 2025 | Series A | Lead |
| Worldpackers | Oct 2016 | Seed | Co-investor |
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Key People
Thomas Bittar
Co-Founder & General Partner
Priscila Drebes Sacchi
Fintech Board Advisor, Investor
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Indicator Capital based?
Indicator Capital is headquartered in São Paulo, Brazil.
When was Indicator Capital founded?
Indicator Capital was founded in 2014.
How many portfolio companies does Indicator Capital have?
Indicator Capital has 20 portfolio companies in Caplight's dataset.
What are some companies in Indicator Capital's portfolio?
Portfolio companies visible on Caplight include iugu, Monuv, Multiledgers, Axenya, Worldpackers.
What was Indicator Capital's most recent investment shown here?
Indicator Capital's most recent investment in this portfolio sample was in Axenya in 2025.
What sectors does Indicator Capital focus on?
Indicator Capital focuses on Media, Entertainment & Gaming, Consumer & Commerce, FinTech, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Telecommunications & Networking, Frontier & Industrial Tech, Healthcare & Life Sciences, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Enterprise Software, Energy & Sustainability, FinTech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Crypto & Web3, Enterprise Software, Mobility, Transportation & Logistics, Crypto & Web3, AI, Data & Cloud Infrastructure, Enterprise Software, Cybersecurity, Enterprise Software, Consumer & Commerce, Enterprise Software, AI, Data & Cloud Infrastructure, FinTech, Energy & Sustainability, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, FinTech, Frontier & Industrial Tech.
What company stages does Indicator Capital focus on?
Indicator Capital typically invests at the Early stage.
What is Indicator Capital's AUM?
Indicator Capital's assets under management are estimated between $70.0M and $70.0M.