Recent Funding
Investors
Indico Capital Partners

Indico Capital Partners portfolio

Indico Capital Partners has 9 portfolio companies on record at Recent Funding, with 1 investment in the last 12 months.

Website: indicocapital.com.

Type: Venture capital.

Portfolio on Recent Funding: 9.

Deals, last 12 months: 1.

Rounds led: 2 of 5.

Capital in their rounds: $482.59M.

Latest deal: Preply · Jan 21, 2026.

About this page

It is a venture capital firm based in Lisbon, PT, founded in 2018. It led 2 of the 5 rounds it joined. Its most recent investment on record is Preply's $150M Series B+ round in January 2026, alongside Horizon Capital, European Bank for Reconstruction and Development, WestCap and 2 others. By category, its portfolio leans toward Fintech (4) and Education (2). It has co-invested with Hoxton Ventures, Educapital and Horizon Capital.

About Indico Capital Partners

Firm type: Venture capital.

Headquarters: Lisbon, PT.

Founded: 2018.

Stages: Seed, Series A, Growth.

Sectors: AI & Machine Learning, Biotech, Circular Economy, Climate Tech, Consumer, Deep Tech, Energy, Enterprise Software, Fintech, Hardware, Healthtech, Impact & Social Good, IoT, Robotics, SaaS, Sector Agnostic, Space Tech.

Check size: $500K to $5M.

Leads rounds: Yes.

Portfolio companies: 28.

Exits: 2.

Rounds led: 13.

Indico Capital Partners recent investments

Company	Round	Date	Alongside
PPreply	Series B+ · $150M	Jan 21, 2026	Horizon Capital, European Bank for Reconstruction and Development, WestCap (lead) +2
WWsense	Series B+ · $11.59M · lead	Oct 22, 2025	SIMEST (lead), CDP Venture Capital, Axon Partners Group +4
NNutrium	Series A · $12M	Sep 16, 2025	M4 Ventures, Lince Capital, Beta Capital +2
RRows	round · $9M · lead	May 24, 2024	none named
RRemote	Series B+ · $300M	Apr 5, 2022	Adams Street Partners, General Catalyst, Gaingels +6

How Indico Capital Partners invests

Stage	Deals	Capital in rounds
Series B+	3 60%	$461.59M
round	1 20%	$9M
Series A	1 20%	$12M

Year	Deals	Capital in rounds
2022	1 20%	$300M
2024	1 20%	$9M
2025	2 40%	$23.59M
2026	1 20%	$150M

Company	Round with Indico Capital Partners	Total raised	Latest raise
PPreply Education	Jan 21, 2026 Series B+ · $150M	$320.3M	Jan 21, 2026 Series B+
WWsense	Oct 22, 2025 Series B+ · $11.59M · lead	$21.16M	Oct 22, 2025 Series B+
NNutrium Health and bio	Sep 16, 2025 Series A · $12M	$14.14M	Sep 16, 2025 Series A
RRows Fintech	May 24, 2024 round · $9M · lead	$9M	May 24, 2024 round
RRemote Legal and compliance	Apr 5, 2022 Series B+ · $300M	$346M	Dec 15, 2024 Series B+
PPandaDoc Sales and marketing	backer	$145.66M	Sep 22, 2021 Series B+
BBeyond Vision Robotics and hardware	backer	$31.37M	Oct 22, 2026 round
RRelive - AI agents	backer	$5.5M	Feb 14, 2025 Series A
HHerculesAI Fintech	backer	undisclosed	Nov 19, 2024 Series B+

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Fintech).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 5 rounds on Recent Funding that name Indico Capital Partners. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Indico Capital Partners, which is a subset of its real portfolio. API: /api/v1/investors/indico-capital-partners (get a free API key). More: the most active VC firms and new venture capital funds.