Indicator Ventures
Overview
Indicator Ventures is a pre-seed and seed stage venture capital firm, investing in technology companies across the U.S. Founded in 2013, Indicator Ventures at the earliest stage in high-velocity founders building radically different technology companies with unique business models or distribution. The team of three GPs each has over 15 years of experience, and we've developed a focused, boutique strategy to consistently deliver exceptional returns for our LPs. The firm results come from discipline: concentrated portfolio construction, right-sized funds, and a high-conviction approach. The firm deploy 80 percentage of capital before Series A, lead early, buy up before others believe, and take secondary when it's time to manage concentration and lock in gains. The firm stay focused and in
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| EDGE Markets | Jun 2026 | Series A | Co-investor |
| Beacon Biosignals | Apr 2026 | Series B Extension | Co-investor |
| Hike Medical | Apr 2026 | Series A | Co-investor |
| Beacon Biosignals | Nov 2025 | Series B | Co-investor |
| AudioShake | Oct 2025 | Series A | Co-investor |
Key People
Ben Luntz
Co-founder Partner Emeritus
Geoffrey Bernstein
Co-founder Managing Partner
Jonathan Struhl
Co-founder General Partner
Baiyin Murphy
General Partner
Daniel Lieberman
Venture Partner
Kyle Ellicott
Venture Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.