Indicator Ventures is a venture capital firm. Team members are concentrated in São Paulo, Brazil. Known portfolio companies include TextQL, Astranis, Doji, AudioShake, Beacon Biosignals and Affiniti, 26 companies in all.
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Investment focus
Who to pitch at Indicator Ventures
Indicator Ventures portfolio companies (26)
- TextQL
- Astranis
- Doji
- AudioShake
- Beacon Biosignals
- Affiniti
- Arda Therapeutics
- Infleet
- Lumx
- Farcast
- Garnet Labs
- umgrauemeio
- Axenya
- Quartz Systems
- Starpath Robotics
- Chariot Claims
- EDGE Markets
- Kitchenbowl
- CTA Smart
- Multiledgers
- Bitnomial
- Hike Medical
- TEVEC
- fu2re
- Seawise Capital
- Syos
Co-investors
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About Indicator Ventures
The firm's listing covers sectors AI, Commerce, Consumer and FinTech, and focus areas API, Aerospace, Biotech and CRM Systems; known deals cluster at Growth, Seed and Series A.
The team counts 9 people in our database. Fabio Iunis de Paula (co-Founder and General Partner) and Thomas Bittar (Co-Founder & General Partner) are shown as the contacts to pitch.
Across the known portfolio, 20 co-investors appear alongside Indicator Ventures, including Indicator Capital, Rosecliff and Valhalla Ventures.
Frequently asked questions
What is Indicator Ventures?
Indicator Ventures is a venture capital firm whose team is concentrated in São Paulo, Brazil, with a known portfolio of 26 companies. The portfolio comes from public investment records rather than from the firm, so deals that never surfaced publicly are not in it.
What does Indicator Ventures invest in?
Listed sectors include AI, Commerce, Consumer and FinTech; listed focus areas include API, Aerospace, Biotech and CRM Systems. Those tags come from the portfolio attached to the firm, so they describe what has been backed rather than a stated mandate for what comes next.
What stage does Indicator Ventures invest at?
The known deals of Indicator Ventures include Growth, Seed and Series A rounds. Check that against your own round before reaching out: stage mismatch is the most common reason a well matched sector still goes nowhere.
Who should I pitch at Indicator Ventures?
2 of the 9 people on file at Indicator Ventures are listed as contacts for the firm. All 9 have their own profile page.
How do I contact Indicator Ventures?
Any email address on file for the firm is masked on this page and readable inside RaiseHunt after you create an account. The 9 people attached to the firm have their own pages, each showing whether an address is on file for them.
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Data: RaiseHunt investor dataset · Snapshot 5 September 2026 · How this data is built · Report a correction or request removal