Indicator Ventures focuses on pre‑seed and seed‑stage founders building radically different technology companies with unique business models or distribution strategies. They target sectors such as digital health, enterprise software, fintech and marketplaces across North America, seeking high‑velocity founders. Their aim is to lead or co‑lead early rounds and provide hands‑on support.
Industries
Industry breakdown
Top industries in the portfolio
Geography
Geographic scope
North America
Geography breakdown
Darker regions = more portfolio companies
Top 5 countries
United States of America
79.2%Canada
1.9%Spain
1.9%United Kingdom
1.9%Philippines
1.9%Countries with a higher share of the portfolio are shaded darker on the map.
Stages
Stage indicator
Pre-Seed → Seed
Stage breakdown
Portfolio by stage
Portfolio vintage
Companies by founded year
Fund details
Funds
Indicator Ventures IV
Indicator Carbon II
Vintage 2017
Check sizes
Typical: $2M
Max: $2M