IndicatorCapital

Our Vision is to be recognized as “investors for the good” promoting convergence among entrepreneur’s dream, venture’s success and investor’s return by offering effective operational tools, vast network, disruptive vision and hands-on value creation approach.

Thomas Bittar

Managing Partner

Derek Lundgren Bittar

General Partner

Martin Lima

Principal

Past deals in South America

IBBX

Venture Round in 2022
IBBx develops wireless energy technology. They provide patents for its proprietary technology solution, providing electrical energy from electromagnetic waves and being able to charge fixed and mobile devices, such as security cameras, smartphones, remote controls, and IoT devices.

Rúmina

Series A in 2022
Rúmina engages in providing digital solutions for dairy and beef farmers. Its multi-product platform is designed to promote efficiency gains across the production process. The company was founded in 2020 and is headquartered in Belo Horizonte, Minas Gerais.

Syos

Venture Round in 2022
SYOS develops Internet of things analytics software and tools. It offers smart cooler management tool and Web and business intelligence dashboard to manage cooler fleet operation. It serves manufacturers and retailers, supermarkets, hotels and restaurants, convenience store, pharmacies, and food and beverage retail industry. The company is based in Rio de Janeiro, Brazil.

Beegol

Series A in 2022
Developer of telecommunications machine learning-based platform designed to monitor and improve the quality of experience of broadband and wifi customers. The company's platform provides real-time detection tools that allow operators to identify and react to problems even before customers notice an issue, enabling broadband and wifi customers to optimize corrective actions and reduce network costs.

InfoPrice

Series A in 2021
InfoPrice is a business intelligence company based in São Paulo, Brazil, specializing in pricing strategies for the retail sector. Founded in 2013, it develops technology that allows for the storage of product bar codes and offers a digital system for price monitoring. The company provides competitive price analysis as a service, enabling clients to enhance their margins, boost sales, and formulate effective pricing strategies. Through its innovative solutions, InfoPrice supports various industries and retailers in navigating the complexities of physical retail pricing.

Monuv

Seed Round in 2021
Monuv is a Brazilian technology company, present since 2010, bringing a cloud recording solution for security videos. Cloud-based recording of security cameras provides greater security by ensuring the availability of images at the most important moment, even if the camera or DVR itself has been stolen or damaged. We invest in the latest in security to keep your videos safe. We record your videos in state-of-the-art data centers separated physically within Brazil. The videos are encrypted and the entire structure is maintained with mission-critical technologies to ensure stability, availability and extra security.

IOUU

Seed Round in 2020
IOUU Tecnologia e Serviços Financeiros Ltda. develops and offers a platform to provide loans to micro and small businesses. Its platform connects companies and borrowers to the investors, offers low interest loans than banks, and is adequate to norms of the National Financial System and the Central Bank. It also offers peer-to-peer lending services. The company was incorporated in 2016 and is based in Sao Paulo, Brazil.

Ânimo Wellness

Pre Seed Round in 2019
Ânimo Wellness LLC offers Ânimo application for workouts with music. It offers its application through Google Play and Apple Store. The company was founded in 2018 and is based in São Paulo, Brazil.

TEVEC

Seed Round in 2019
Tevec Platform is a pioneer in the application of “machine learning” for the recognition of demand behavior patterns, automating the whole process of forecasting and calculation of ideal product restocking lots at points of sale and distribution centers, allowing sales planning control, service level and regulatory stocks.

hCentrix

Seed Round in 2018
Our products brings data analytics and artificial intelligence in real time to making smarter decisions and taking better actions at operational level (procedures authorization, claims analysis, referrals to specials providers or specific programs the high risk patients etc.). hCentrix's founders sum up more than 40 years experience in the Brazilian Healthcare System - they had already made a disruptive innovation in the healthcare marketplace with AxisMed, the first disease management company in Brazil and had established the patterns of this market.

ARVORE

Seed Round in 2018
ARVORE Immersive Experiences, founded in 2017 and based in São Paulo, Brazil, specializes in creating interactive experiences and games for high-end immersive platforms, including virtual reality, augmented reality, and mixed reality. The company focuses on developing innovative storytelling that connects users to immersive worlds, aiming to redefine how narratives are experienced through technology. By incorporating new methodologies, ARVORE designs unique immersive environments and storytelling franchises, enhancing the engagement of gamers and enthusiasts alike.

Social Miner

Seed Round in 2018
Social Miner is a marketing automation platform that uses AI and people marketing to identify visitors, interests and engage them inside and outside websites. Social Miner is a Brazil-based web services startup that helps companies understand the profile and behavior of its users through data collected from social networks and navigation.

ARVORE

Seed Round in 2018
ARVORE Immersive Experiences, founded in 2017 and based in São Paulo, Brazil, specializes in creating interactive experiences and games for high-end immersive platforms, including virtual reality, augmented reality, and mixed reality. The company focuses on developing innovative storytelling that connects users to immersive worlds, aiming to redefine how narratives are experienced through technology. By incorporating new methodologies, ARVORE designs unique immersive environments and storytelling franchises, enhancing the engagement of gamers and enthusiasts alike.

ARVORE

Pre Seed Round in 2017
ARVORE Immersive Experiences, founded in 2017 and based in São Paulo, Brazil, specializes in creating interactive experiences and games for high-end immersive platforms, including virtual reality, augmented reality, and mixed reality. The company focuses on developing innovative storytelling that connects users to immersive worlds, aiming to redefine how narratives are experienced through technology. By incorporating new methodologies, ARVORE designs unique immersive environments and storytelling franchises, enhancing the engagement of gamers and enthusiasts alike.

EduQC

Seed Round in 2017
EduQC is an Edtech startup focused on developing tools and methods to promote self-learning.

Worldpackers

Seed Round in 2016
Worldpackers is an online marketplace that connects travelers with hosts worldwide, facilitating the exchange of skills for accommodation. Founded in 2013, the platform aims to enhance travel accessibility by fostering collaboration and genuine relationships within a community of like-minded individuals. Based in São Paulo, Brazil, Worldpackers allows users to discover unique locations while offering their skills in return for lodging, thereby enabling profound cultural experiences. The company was inspired by the personal journeys of its founders, Riq Lima and Eric Faria, who both sought to explore the world through meaningful interactions and resourcefulness. Worldpackers promotes a model of travel that emphasizes learning and cultural exchange, making it a valuable resource for those looking to immerse themselves in different cultures while minimizing travel costs.

Medicinia

Series A in 2014
Medicinia owns and operates an online platform that connects doctors with their patients and other doctors. It also provides telemedicine for operators, hospitals, and companies. Medicinia was founded by Daniel Branco in on October 14, 2012, and is headquartered in Sao Paulo, Brazil.

Iugu

Seed Round in 2014
Iugu Serviços na Internet S/A is a Brazilian company that provides an online platform focused on financial automation, signature management, and marketplace solutions. Established in 2013 by Marcelo Paez and Patrick Negri, the company is headquartered in São Paulo. Iugu aims to streamline financial processes for businesses, allowing them to manage transactions and documentation more efficiently.

Iugu

Seed Round in 2012
Iugu Serviços na Internet S/A is a Brazilian company that provides an online platform focused on financial automation, signature management, and marketplace solutions. Established in 2013 by Marcelo Paez and Patrick Negri, the company is headquartered in São Paulo. Iugu aims to streamline financial processes for businesses, allowing them to manage transactions and documentation more efficiently.