INDAGO CAPITAL LLC
INDAGO CAPITAL LLC is a Seed and Series C+ fund in the US investing in asset-based-credit, mortgage, consumer-finance, business-finance and specialty-finance.
- Stages
- Seed, Series C+
- Sectors
- asset-based-credit, mortgage, consumer-finance, business-finance, specialty-finance
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2023
- Assets under management
- $555M
- Website
- indagocap.com
Check size not disclosed
Thesis
Indago Capital LLC, founded in 2023 and based in New York, is an investment firm specializing in bespoke asset-based credit opportunities across mortgage, consumer, business, and specialty finance sectors. The firm targets niche markets with less understood assets, seeking to capitalize on complexity premiums by focusing on investments with defined value, clear enforcement mechanisms, and amortizing cash flows. Their strategy involves acquisition, origination, management, monitoring, and disposition of these assets, primarily within the U.S. market. Indago Capital deploys long-dated capital through insurance and opportunistic vehicles, emphasizing methodical processes and building partnerships for repeat transactions. As of December 31, 2025, they managed approximately $555.9 million in client assets and have secured over $1 billion in allocator commitments. The firm manages two private capital funds (Co-Investment and Venture) with a North American focus. Their investment activities include asset purchases, loan purchases, financing solutions, and platform investments across the capital structure in both private and public markets. The firm operates as a Delaware limited liability company and is registered with the SEC.
Common questions
Does INDAGO CAPITAL LLC invest at the Seed stage?
Yes. INDAGO CAPITAL LLC lists Seed and Series C+ among the stages it invests in.
Where does INDAGO CAPITAL LLC invest?
INDAGO CAPITAL LLC invests in the US.