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Nicole Martinho

Indicator Capital, Partner

Nicole is an investment professional at Indicator Capital, working across the full investment lifecycle—from sourcing and evaluating deals to supporting portfolio companies as a board participant for Infleet, Axenya, Iugu, among others. She focuses on the Health, Industry, and Smart Cities sectors and also contributes to the firm’s internal Infrastructure and Front-Office functions. Nicole’s first exposure to the venture ecosystem began prior to Indicator, working closely with the COO at early-stage startups such as Medway and Floki, where she supported new business development and growth initiatives, experiences that shaped her operator mindset and strengthened her ability to partner with founders across Latin America.

Investor Profile

Based In: São Paulo - Brasil

Board Positions: Infleet, Iugu, Axenya, Cogtive, Syos, InfoPrice

Investor Type: VC

Preferred Sector(s): Smart Cities, Logistic, Industry, Health

Preferred Stage(s): Seed, Series A

Preferred Geo(s): Brasil, LATAM

Website: https://indicator.capital/portfolio

LAVCA Honors

Top Women Investors in Latin America 2025

Emerging Women Investors in Latin America 2024