Indicator Capital

Indicator Capital is a premier deep-tech early-stage venture capital firm established in 2014, operating at the strategic intersection of the United States and Brazilian technology ecosystems. Managing over $70M in Assets under Management (AuM), the firm oversees the largest dedicated Internet of Things (IoT) fund in Latin America. Backed by elite institutional limited partners—including the Brazilian Development Bank (BNDES), Qualcomm Ventures, Lenovo, Motorola, Banco do Brasil, Telefonica, and Multilaser—Indicator serves as a trusted catalyst for corporate digital transformation across the region.