Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Indicator Ventures

Investor type Micro VC
Founders Baiyin Murphy Ben Luntz Geoffrey Bernstein Jonathan Struhl


Unlock datapoints

Portfolio analytics



News & Media

Add fund to favorites
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Looking for a perfect list of funds?

Get recommendations from our smart algorithm

Get the list
Total investments 87
Average round size
The average size of a deal this fund participated in
Portfolio companies 43
Rounds per year 9.67
Lead investments 7
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 8
Key employees 3
Stages of investment
Early Stage Venture

Areas of investment

  • Software
  • Health Care
  • Information Technology
  • Enterprise Software
  • SaaS

Indicator Ventures appeared to be the VC, which was created in 2013. The main department of described VC is located in the New York. The fund was located in North America if to be more exact in United States.

The current fund was established by Ben Luntz, Geoffrey Bernstein, Gerald Chan, Jonathan Struhl. Besides them, we counted 3 critical employees of this fund in our database.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Indicator Ventures, startups are often financed by Y Combinator, ff Venture Capital, Wavemaker Partners. The meaningful sponsors for the fund in investment in the same round are ff Venture Capital, Y Combinator, QueensBridge Venture Partners. In the next rounds fund is usually obtained by ff Venture Capital, Y Combinator, Polaris Partners.

The top amount of exits for fund were in 2017. The usual things for fund are deals in the range of 1 - 5 millions dollars. The typical startup value when the investment from Indicator Ventures is 1-5 millions dollars. The fund is constantly included in 2-6 investment rounds annually. The high activity for fund was in 2014. Despite it in 2019 the fund had an activity. Opposing the other organizations, this Indicator Ventures works on 15 percentage points less the average amount of lead investments. Considering the real fund results, this VC is 9 percentage points less often commits exit comparing to other organizations.

The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most popular portfolio startups of the fund, we may highlight Edyn, Simplifeye, tbh. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are Internet, Machine Learning. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Indicator Ventures:
Typical Co-investors
Indicator Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Indicator Ventures:
There are no funds here. If we find new data, we will add it here.

Look at other 50 related and similar funds Collapse list
Fund NameLocation
2U Consulting Bayern, Germany, Nuremberg
Center National D'Etudes Spatiales France, Ile-de-France, Paris
Convivialite Ventures California, San Francisco, United States
Creative Accelerator Csongrád-Csanád County, Hungary, Szeged
Exto Partners Australia, New South Wales, Sydney
Goal Ventures -
Grandland Group China, Guangdong, Shenzhen
Granite Oak Advisors County Dublin, Dublin, Ireland
Investcorp Bahrain, Capital Governorate, Manama
Moom Group Beijing, Beijing, China
Pine Labs India, Noida, Uttar Pradesh
R-H Capital Partners California, San Diego, United States
Ricoh Innovations California, Menlo Park, United States
Shenzhenshi Qianhai Derun Fujiang Touzi Guanli Co., Ltd. China, Guangdong, Shenzhen
State Development & Investment Corporation (SDIC) Beijing, Beijing, China
Svensk Exportkredit Stockholm, Stockholm County, Sweden
Tokyo Star Bank Chiba, Japan, Minato
Xinruida Touzi Beijing, Beijing, China
YG Entertainment Seoul, Seoul-t'ukpyolsi, South Korea
Zlvision Tech China, Qingdao Shi, Shandong

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation


Information Services
Information Technology
$31M19 Dec 2022 Boston, Massachusetts, United States


Financial Services
Social Media
$4M28 Jun 2022 Philadelphia, Pennsylvania, United States

Airspace Link

Drone Management
Mapping Services
$23M22 Jun 2022 Detroit, Michigan, United States


Brand Marketing
$4M08 Jun 2022 Austin, Texas, United States

co-op commerce

$20M04 Mar 2022 San Francisco, California, United States


Information Technology
$6M12 Feb 2022 New York, New York, United States


Health Care
$12M04 Jan 2022 Boston, Massachusetts, United States


Cyber Security
Data Center
Data Integration
$4M13 Dec 2021 New York, New York, United States


Artificial Intelligence
Customer Service
Digital Marketing
Enterprise Software
Machine Learning
$30M17 Nov 2021 San Francisco, California, United States


  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Indicator Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: