Indicator Capital

Indicator Capital General Information

Company Description

Founded in 2014, Indicator Capital is a venture capital firm at the forefront of deep tech. The firm specializes in smart and connected technologies across infrastructure, hardware, and software, enabling the global adoption of AI, IoT, and digital transformation at scale. With US$70 million in assets under management, Indicator manages the largest dedicated fund for smart and connected technologies in Latin America. The firm position is reinforced by the trust of world-class LPs such as BNDES, Qualcomm Ventures, Lenovo, Motorola, Grupo Multi, Telefónica, and Banco do Brasil. From offices in São Paulo and California, it backs early-stage founders building the next generation of intelligent, connected systems, bridging Latin American innovation with global markets. As an equal GP partnership, it works side by side with entrepreneurs through its proprietary Building Value Together® methodology, providing not only capital but also hands-on support, strategic networks, and operational expertise. At Indicator Capital, the firm believes the AI Cambrian period is just beginning, and smart and connected technologies form its foundation.