Mode VC
Confirmed by the firmNew York

Indicator Ventures

Indicator Ventures, based in New York, backs generalist startups at Pre-Seed and Seed stages, can lead rounds, and writes checks from $500k to $3 million.

Website LinkedIn
Entry stagePre-seed, Seed
Check size$500K to $3M
Leads roundsYes
FocusGeneralist
Latest fundn/a
Investing team3 peopleNo activity since Sep

Who you would pitch at Indicator Ventures

3 people on the investing team, 2 of them partners who can make the call. Partners are listed first.

Baiyin MurphyGeneral PartnerShe has nine years of experience investing in technology firms.
Geoff BernsteinGeneral Partner
Jonathan StruhlInvesting team

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Writes $500K to $3M checks. Its smallest check is larger than 71% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

Ownership target7-10%
How to reach them[email protected]
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

Send your deck

Alert me when Indicator Ventures is active

One email when this firm shows new activity. Nothing else.

Firms like Indicator Ventures

Alpaca VC$500K to $3M · active Sep 22
Company Ventures$500K to $3M · active Oct 5
Antler$500K to $1M · active Sep 27
Outsiders Fund$500K to $10M · active Sep 27
2048 Ventures$500K to $3M
Analog Ventures$500K to $3M

On these lists

Seed investors in United States2836Pre-seed investors in United States1561Seed investors in New York347Pre-seed investors in New York233Seed investors3020Pre-seed investors1696

Questions

What stage does Indicator Ventures invest in?

Indicator Ventures reports entry at pre-seed, seed.

How much does Indicator Ventures invest?

Indicator Ventures reports checks of $500K to $3M.

Does Indicator Ventures lead rounds?

Yes. Indicator Ventures says it can lead.

Who are the partners at Indicator Ventures?

Baiyin Murphy (General Partner), Geoff Bernstein (General Partner).

Is Indicator Ventures active right now?

No recent activity since September 2026.

Work at Indicator Ventures? Claim or correct this profile.