New York · Pre-Seed–Seed · 8 people tracked
Also known as HSV HOLDINGS LLC
Find your way into Indicator Ventures
1,780 people in our graph share verified history with the Indicator Ventures team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Indicator Ventures focuses on the earliest stages of company formation, backing founders and ideas before they reach Series A. The firm looks for driven, high-velocity founders with strong IQ and EQ who are obsessed with solving a clear problem and execute with precision. By intentionally investing in fewer companies, the firm aims to give each founder its full attention and be the first call when things break or when things work. Its process is fast when the team knows the space and takes longer when there is a learning curve, with an emphasis on clear communication throughout. Founders are encouraged to reach out directly by email.
Source: firm website, verified Sep 15, 2026.
Team · 8 people
from curated & public directories
Founder mafia
2 people who came through Indicator Ventures went on to found or lead other companies.
What they invest in
from 45 of 65 portfolio companiesSaaS ×18AI & Machine Learning ×14Fintech ×12Enterprise Software ×11Healthtech ×8Digital Health ×7Advanced Manufacturing ×4Data & Infrastructure ×4
HQs:United States×37
Investments · showing 59 of 65
founders shown can be your intro pathBy year:2026 · 22025 · 12024 · 32023 · 12022 · 32021 · 12019 · 12017 · 32015 · 12012 · 117 dated
Airspace Link provides a unified platform (AirHub Portal) for airspace security, drone operations management, and air traffic coordination, serving government agencies, defense organizations, and commercial enterprises operating unmanned aircraft systems.
Defense TechGovTechIoTLogistics & Supply ChainMobility & TransportationRoboticsNorthville, US
Michael Healander(Executive Officer, Director)inDillon Krasnigor(Director)Daniel Bradshaw(Executive Officer, Director)
Board seatJonathan Struhl· per SEC Form D
Co-investors2048 VenturesAssembly VenturesAvanta VenturesID VenturesLudlow VenturesMatchstick Ventures+5 more
.png)
Pienso offers a no-code platform that lets subject-matter experts build and use AI and machine learning models from their data without deep technical skills.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSBrooklyn, US
Karthik Dinakar(Co-founder)inBirago Jones(Co-founder)inDhiraj Singh(Director)
BoardMitchell Kleinhandler(Director)in
Board seatJonathan Struhl· per SEC Form D
Co-investorsDifferential VenturesEniac VenturesGood Growth CapitalThe E14 FundSoftTech VCUncork Capital
Affiniti is a financial technology company offering a platform that combines banking, payments, credit cards, expense management, bill pay, and accounting automation for small and mid-sized American businesses.
FintechSaaS
Sahil Phadnis(Founder)in
Co-investorsEvolution VenturesLightShed VenturesSignalFireSpice CapitalMontage Ventures
Arda develops therapeutics using single-cell computational biology to target and eliminate pathogenic cells in chronic diseases.
AI & Machine LearningBiotechMedical DevicesAustin, US
Adam Freund(Founder & Chief Executive Officer)inRemi-Martin Laberge(Founder and Chief Technology Officer)in
BoardVineeta Agarwala(Director)in
Co-investorsage1Andreessen HorowitzStrawberry Creek VenturesAlumni VenturesGaingelsGV (Google Ventures)+3 more
__Twitter.png)
Arda Therapeutics is a drug development company that uses single-cell computational biology to identify and eliminate pathogenic cells as a way to treat chronic diseases.
AI & Machine LearningBiotechDigital HealthLongevityMedical Devices
Adam Freund(Founder & Chief Executive Officer)inRemi-Martin Laberge(Founder & Chief Technology Officer)in
Co-investorsGV (Google Ventures)Alumni VenturesAxial VCGaingelsMana VenturesTwo Sigma Ventures+1 more
AudioShake develops sound separation technology that splits audio into component parts for media, entertainment, and speech workflows.
AI & Machine LearningCreator EconomyMedia & EntertainmentSan Francisco, US
Jessica Powell(CEO & Co-Founder)inLuke Miner(CTO & Co-Founder)in
BoardAlexander Hartz(Director)in
Co-investorsCoho DeeptechDisney AcceleratorOrigin VenturesPrecursor VenturesShine CapitalThomson Reuters Ventures+1 more
Blaze is an AI platform that generates marketing content for social media, blogs, email, and video.
AI & Machine LearningMarketing TechSaaS
Adam Nathan(CEO & Founder)in
Co-investorsAbstract VenturesArray Ventures Management LlcChamaeleonEarl Grey CapitalInspired CapitalScribble Ventures+3 more
Brave Care operates pediatric primary and urgent care clinics designed to treat common acute conditions in children, supplemented by remote consultations delivered by clinicians.
HealthtechPortland, US
Asa Miller(Founder)inDarius "Bubs" Monsef(Founder)inMaryam Taheri(Founder)inCorey Fish, MD(Founder)inGary Gerlacher(Executive Officer, Director)Corey Fish, M.D.(Executive Officer, Director)
Co-investorsAV8 VenturesFifty YearsVentureSouqY CombinatorZillionizeCollaborative Fund+3 more
Brink is a generalized intents protocol for Web3 that offers an Intent Engine accessible via API, letting developers integrate features such as gasless recurring token swaps.
Crypto & Web3Developer ToolsFintech
Co-investorsFirst Star VenturesIOSG VenturesLemniscap
CAKE POS is an all-in-one restaurant point-of-sale system offering handheld POS, kitchen display systems, self-service kiosks, payment processing, online ordering, loyalty and marketing tools, and commercial-grade hardware.
FoodTechRetail TechSaaS
CapLinked provides virtual data rooms used to manage due diligence and share confidential documents during M&A transactions and other deals.
Developer ToolsEnterprise SoftwareFintechSaaSManhattan Beach, US
Eric Jackson(Executive Officer, Director, Promoter)inChristopher Grey(Executive Officer, Director, Promoter)
Co-investors500 GlobalConversion CapitalSiemer Ventures
CapWay was an Atlanta-based fintech offering digital banking and financial literacy tools for banking deserts; it shut down in 2024.
Co-investorsBackstage CapitalEmles Venture PartnersFearless Fund
CapWay was a fintech company focused on creating inclusive financial access, but the company has ceased operations.
FintechSaaSAtlanta, US
Sheena Allen(Founder)in
Co-investorsNew Orleans Startup FundStacked CapitalY CombinatorBackstage CapitalFearless FundInitialized Capital+2 more
Catch provides automated financial management and benefits solutions for independent workers and freelancers, handling tax withholding, retirement savings, and health insurance enrollment without relying on traditional employer-provided benefits.
FintechHealthtechInsurTechNew York City, US
Andrew Ambrosino(Founder)in
Co-investorsArdent VentureCrosslink CapitalKube VCLoup VenturesY CombinatorBlumberg Capital+1 more
cielo24 was a video data company providing captioning, transcription and media data labeling; acquired by Rev and closed in 2025.
Santa Barbara, US
Brian Plackis-Cheng(Executive Officer, Director)Shanna Johnson(Executive Officer)
BoardJohn F. Frankel(Director)inClaudia Iannazo(Director)Eric Holmen(Director)inJames Kwon(Director)
Co-investorsaVentureMontage CapitalPereg VenturesFf Venture CapitalNorth Base MediaWavemaker Partners
CoinFund is a crypto-focused investment firm that backs and partners with founders building companies across finance, infrastructure, and AI.
Crypto & Web3Fintech
Jake Brukhman(Managing Partner, Co-Founder and CIO)inAlex Felix(Managing Partner, Head of Venture Investing)in
Co-investorsNarwhal VenturesBullpen CapitalCoinbase VenturesCoinFundHaun VenturesHOF Capital+4 more
Capital Factory is an investment and advisory network that connects ambitious founders and operators with investors, advisors, and resources to support early-stage companies addressing significant challenges.
Deep TechSector AgnosticAustin, US
Ben Lamm(Founder)inBrian Beard(Executive Officer, Director)in
Co-investorsAt One VenturesBold Capital PartnersBOLD LongevityBreyer CapitalCarnrite VenturesDraper Associates+9 more
A healthcare information platform that provides dental specialists with centralized access to patient records, charts, and medical information across multiple office locations.
Digital HealthHealthtechSaaS
Dandy is a digital dental laboratory that provides AI-powered technology and software to dental practices, offering services including crowns, bridges, dentures, implants, and clear aligners.
AI & Machine LearningHealthtechMedical Devices
Daniel Hanover(Founder)inToni Oloko(Cofounder)in
Co-investors3cubed VenturesAvenir Growth CapitalDorm RoomHuman CapitalInspired CapitalMantis Capital+9 more
Co-investors2.12 AngelsBlindspot Ventures Management CoDifferential VenturesFifth Down CapitalGood Growth CapitalMotley Fool Ventures+7 more
Disco, formerly Co-op Commerce, runs a shared network that lets direct-to-consumer brands cut customer acquisition costs together.
Conner Sherline(Founder)in
Co-investorsFelicis VenturesGround Up VenturesSuperAngel.FundBessemer Venture PartnersLiveOak Venture PartnersLiveOak Ventures+1 more
Disco is a platform for building branded learning academies that combine AI tools, course creation, and community features into one experience.
AI & Machine LearningEdTechSaaS
Candice Faktor(Co-founder)inChris Sukornyk(Co-founder)in
Co-investorsGarage CapitalGolden VenturesGSV VenturesInovia CapitalMantella Venture PartnersBessemer Venture Partners+7 more
Disco is a US company that makes a real-time employee recognition tool.
HR Tech
Justin Vandehey
Co-investors500 GlobalInventus Capital PartnersBessemer Venture PartnersFelicis VenturesLiveOak Venture PartnersLiveOak Ventures+4 more
Dorothy is a real-time weather and incident intelligence platform that tracks storms and other hazards and enriches affected addresses with property data, imagery, and loss history.
Climate TechData & InfrastructureInsurTech
Co-investorsKeiki CapitalKnoll VenturesMission One CapitalPortfoliaStellifiThe Fund+1 more
EDGE Boost is a financial platform and Visa card that lets gamblers fund their play with a dedicated, FDIC-insured account separate from their bank, offering cash back on gaming transactions, fiat and crypto deposits, and spending controls.
FintechGamingSports Tech
Co-investorsMantis Capital
Edyn makes a soil sensor and connected water valve that monitor garden conditions and automate watering schedules for home gardeners and small farms.
Advanced ManufacturingAgTechSan Francisco, US
Jason Aramburu(Founder/CEO)in
Co-investorsY CombinatorMorningside Group
Expectful is a health and wellness content platform and meditation app for people trying to conceive, during pregnancy, and postpartum.
Digital HealthFemTechMental HealthWellness & Fitness
Nathalie Walton(Co-founder)in
Co-investorsBreak Trail VenturesJoyance PartnersThe Perkins FundPowerhouse Capital
Goodpath provides a scalable integrative care model that coordinates care across multiple clinical disciplines for employees.
Digital HealthEnterprise SoftwareHealthtechWellness & Fitness
BoardAkl Fahed(MD, MPH)Nishant Uppal(MD, MBA)
Co-investorsBlindspot Ventures Management CoBY Venture PartnersCastor VenturesCity LightEnable VenturesHealthy Ventures+2 more
Hike Medical provides preventative musculoskeletal care focusing on foot health, combining technology with clinical expertise to make treatment more accessible to working Americans.
Digital HealthHardwareHealthtechMedical Devices
Aadi Bhanti(CEO & Co-founder)Steven Chacko(Co-founder)in
Co-investorsFifth Down CapitalRiverPark VenturesSaga Ventures
ianacare provides tools, resources, and communities to support family caregivers, with a focus on home-based care and caregiver support.
Digital HealthHealthtechWellness & FitnessNewton, US
Jessica Kim(Co-founder & Executive Chairman)inSteven Lee(Co-founder & CTO)inKim(Co-founder)
Co-investorsAble PartnersEntrée CapitalFounder CollectiveGreycroftSemperVirens Venture CapitalService Provider Capital
San Francisco, US
Adam Gomolin(Executive Officer, Director)inThaddeus Woodman(Executive Officer, Director)
BoardLawrence Levitsky(Executive Officer, Director)
Co-investorsForefront Venture
Burlington, US
Shane Scranton(Executive Officer, Director, Promoter)Nate BeattyinThomas Beatty(Executive Officer, Director, Promoter)
Co-investorsBantam Group
Lob provides software and hardware infrastructure for automating, personalizing, and tracking direct mail campaigns at scale.
Enterprise SoftwareLogistics & Supply ChainMarketing TechSaaSNew York City, US
Harry Zhang(Founder)inLeore Avidar(Founder)inEduardo Browne(Executive Officer)Donnell Vanker(Executive Officer)
Co-investorsFloodgateFrontline VenturesStructural CapitalTodd and Rahul’s Angel FundY CombinatorFirst Round Capital+3 more
Makini provides a single integration layer and Unified API that connects AI agents and software to industrial systems such as ERP, CMMS, and WMS, spanning modern cloud products and legacy on-prem plant systems.
Advanced ManufacturingAI & Machine LearningData & Infrastructure
Co-investorsKube VC
Netomi is a customer experience platform powered by AI that enables enterprises to interact with customers across multiple channels with intelligence and consistency.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSan Francisco, US
Puneet Mehta(Founder/CEO)in
Co-investorsAdvancit CapitalBowery CapitalHaymaker VenturesUpslope VenturesWestern Technology InvestmentY Combinator+5 more
Nimble is an AI-driven CRM platform that combines customer relationship management, email marketing, sales prospecting, and workflow automation for solopreneurs and small teams.
SaaSSales Tech
Jon Ferrara(Founder)in
Co-investorsBantam GroupMoonshots CapitalNew Ground VenturesDatabricks VenturesHetz VenturesJ-Ventures+3 more
OpenX is a supply-side platform (SSP) for digital advertising that uses AI, data leadership, and proprietary identity technology to manage ad inventory and targeting.
AdTechAI & Machine LearningNot specified on page, US
DAMON REEVE(Director)inTIM CADOGAN(Executive Officer, Director)in
BoardNINO MARAKOVIC(Director)inANDREW Scott BRACCIA(Director)BERNARD DALLE(Director)inJON MILLER(Director)
Co-investorsChartline Capital PartnersDag VenturesIndex VenturesMitsui Global InvestmentPresidio VenturesSapphire Ventures+2 more
Polymer provides runtime visibility and control over sensitive data as it moves across enterprise systems and SaaS platforms.
AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareSaaS
Co-investorsGreen Egg VenturesMaccabee VenturesStory VenturesTensility Venture PartnersFuture Food FundMotivate Venture Capital+2 more
Reflex is an on-demand staffing platform that connects retailers with vetted, background-checked retail associates for shifts such as sales, cashier, inventory, and event roles.
Future of WorkMarketplacesRetail Tech
Mike Meyers(Founder)in
Co-investorsATX Venture PartnersCanaan PartnersRed Swan VenturesService Provider CapitalAlpine Space VenturesBayern Kapital+2 more
Justin Donovan(Founder)inDaryn Lam(Founder)in
Co-investorsClocktower VenturesInfinity VenturesMu Ventures
Retrocausal develops AI-powered intelligence augmentation systems for manufacturing shopfloors, helping assembly operators, plant managers, and industrial engineers boost productivity, quality, and safety.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareIoTSeattle, US
Zeeshan Zia(Founder & CEO)inMuhammad Zeeshan Zia(Executive Officer, Director, Promoter)Rick Faulk(Director)inQuoc-Huy Tran(Director)
BoardKleida Martiro(Director)inBaiyin Murphy(Director)
Co-investorsAtland VenturesCapria VenturesDifferential VenturesGlasswing VenturesIncubate USOne Way Ventures+4 more
Scope connects customers with technology solutions and enables software vendors to expand their reach through a marketplace model.
B2B MarketplacesCloud ComputingDeveloper ToolsEnterprise SoftwareMarketing TechSaaS
Xander Oltmann(Founder, CEO)
Co-investorsCarnrite Ventures
Shibumi provides project and portfolio management software designed for enterprise-scale program execution, enabling teams to align work with strategic business objectives such as revenue and market share.
AI & Machine LearningEnterprise SoftwareSaaSRoyal Oak, US
Bob Nahmias(Founder & Chief Executive Officer)inJason Bobby(Founder & Chief Financial Officer)inKen Pellegrino(Founder & Chief Strategy Officer)inMark DiGirolamo(Founder & Chief Customer Officer)in
Co-investorsCostella Kirsch
Simplifeye provides software for dental practices, including end-to-end HIPAA-compliant payment tools, online scheduling, live webchat staffed by trained people, and patient communication features to accelerate revenue and improve the patient experience.
Digital HealthFintechSaaS
Simply Bail is a management platform for bail bond agents that consolidates case management, e-document signing, payment plan collection, inventory tracking, court date reminders, GPS defendant check-ins, arrest alerts, and reporting into one system.
FintechLegalTechSaaS
Co-investorsGreen Egg VenturesIU VenturesMu Ventures
Stark provides an end-to-end accessibility platform with integrated tools for design, development, and compliance that helps teams find and fix accessibility issues from initial design through live product.
Developer ToolsEnterprise SoftwareSaaS
Co-investorsFocal Ventures201 VenturesAir Street CapitalFounders FundProject A VenturesSequoia Capital
Burlingame, US
MIHIR VIJAY GONDHALEKAR(Director)Saurav Shroff(Founder)in
BoardROHAN PUJARA(Director)in
Co-investorsBalerion Space VenturesCrucible CapitalFusionGoAhead VenturesHummingbird VenturesValhalla Ventures+3 more
New York, US
Andre Hill(Executive Officer, Director, Promoter)
BoardAndrew Cleland(Director)in
Co-investorsComcast Ventures
GamingSeattle, US
Rahul Sood(Executive Officer, Director, Promoter)Karl Flores(Executive Officer, Director, Promoter)
Co-investors500 GlobalPantera CapitalAdvancit CapitalBINARY CAPITALSound Ventures
VIDA creates sustainable, fashion-forward apparel and personal care products manufactured in the USA.
Circular EconomyConsumerDirect to ConsumerMarketplacesSan Francisco, US
Umaimah Mendhro(Founder/CEO)inEddie Phanichkul(CEO)in
Co-investorsHalogen Ventures Management Company LlcUpslope VenturesY CombinatorACE & Company
Belay offers insurance policies that reimburse retail investors for losses when they sell insured stocks below a protected price.
FintechInsurTechPhiladelphia, US
Co-investorsRed Beard VenturesAlpaca VC
Zed Run was a blockchain-based digital horse racing game where players owned, bred and raced NFT racehorses.
Co-investorsRed Beard VenturesThe Chernin Group (TCG Crypto)Andreessen Horowitz
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Beacon BiosignalsBrainscapeThereforeWade & WendyWadeandwendy
Portfolio news
latest coverage across their companies
Hike Medical · 3dprintingindustry.com · Sep 7, 2026
Disco · boston.com · Aug 27, 2026
Colossal Biosciences · techfundingnews.com · Aug 21, 2026
Reflex · kalkinemedia.com · Aug 11, 2026
Catch · esgtoday.com · Jul 19, 2026
Stark · table.media · Jun 24, 2026
Frequently asked questions
- How many investments has Indicator Ventures made?
- Indicator Ventures has 65 tracked investments, 5 of which have exited, including 7 dated in the last 24 months.
- What stage does Indicator Ventures invest at?
- Indicator Ventures invests at the Pre-Seed, Seed stages.
- What is Indicator Ventures's typical check size?
- Indicator Ventures typically writes checks of $1M – $3M.
- What sectors does Indicator Ventures focus on?
- Indicator Ventures focuses on AI & Machine Learning, Deep Tech, E-commerce, Fintech, Healthtech, Sector Agnostic.
- Where is Indicator Ventures located?
- Indicator Ventures is headquartered in New York, US.
- Does Indicator Ventures lead rounds?
- Yes, Indicator Ventures leads investment rounds.
Co-investors · 46
RiverPark Ventures is an early-stage venture capital fund manager founded by entrepreneurs, investing in high-growth, disruptive businesses with proven business models. It is part of the RiverPark Funds group, a privately owned multi-strategy asset management firm.
Valhalla Ventures is an early-stage venture firm that backs founders building companies with durable competitive moats, investing from inception through the Seed stage.
Sequoia Capital is a venture capital firm that partners with founders to build technology companies.
Founders Fund is a venture capital firm that backs technology companies building transformative products.
Uncork Capital (formerly SoftTech VC) is a seed-stage venture firm that invests early in founders, with a focus on AI-native companies building leverage and scale.
Felicis Ventures is a venture capital firm that backs founders primarily at the Seed and Series A stages, frequently leading or co-leading rounds. It operates with a founder-first approach, including a founder pledge and voting commitments.
BoxGroup is an early-stage venture capital firm that invests in startups at their earliest stages.
Canaan Partners is a venture capital firm with over 30 years of history, backing companies across technology and healthcare sectors through close, hands-on partnerships with founders.
Eniac Ventures partners with early-stage founders, backing companies from 0 to 1.
Precursor Ventures is a venture capital firm that invests in founders at the earliest stages, focusing on people over product.
Bowery Capital is an early-stage venture firm focused on B2B software companies, providing hands-on go-to-market, talent, and business development support to founders.
Red Swan Ventures backs founders at the earliest stage, aiming to be a founder's first outside capital, focusing on companies born from platform shifts and cultural insight that serve enduring human needs.
▶34 more co-investors
2048 VenturesVibe CapitalEarl Grey CapitalFusionHummingbird VenturesConversion CapitalDay One VenturesFirst Star VenturesATX Venture PartnersTensility Venture PartnersGround Up VenturesAvanta VenturesLightspeed Venture PartnersGreylock PartnersRedpoint VenturesEmergence Capital PartnersStellar CapitalNot Boring Capital01 AdvisorsFreigeist CapitalValar Ventures LlcSAV (Scale Asia Ventures)Active CapitalImmeasurableNext Coast VenturesRoot Ventures Manager, LlcUnstoppable DomainsDarling VenturesFocalDVCDivergent CapitalHannah Grey VenturesCoralSeven Seas Partners
Firms observed investing alongside Indicator Ventures, from public investor directories. Shared companies are the overlap with Indicator Ventures's recorded portfolio.
Similar investors
Version One Ventures is an early-stage venture firm that backs mission-driven founders building technology companies with generational potential, often committing from day one before a category is clear.
BCV Labs is the platform and hands-on support arm of Bain Capital Ventures, providing portfolio founders with go-to-market strategy, brand development, hiring assistance, and customer introductions.
Tectonic Ventures is an early-stage venture capital firm that provides initial capital, mentoring, and acceleration support to mission-oriented entrepreneurs solving problems in the business world, with strong ties to MIT and Harvard.
Moses Capital provides high-conviction capital to early-stage venture capital fund managers across a range of industries and geographies, operating as a fund-of-funds allocating to venture managers on behalf of its LPs.
LVX Ventures (LetsVenture) operates an AI-native private-market investing platform connecting investors and family offices with early-stage startups, and manages an angel fund.