# Indicator Ventures

> Indicator Ventures is a VC fund in New York backing Software and Health Care. See 115 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 115
- Last investment: Jun 2026
- Lead investor: 30%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/indicator-ventures/
- X (Twitter): https://twitter.com/IndicatorVC
- Website: http://www.indicatorventures.com

Indicator Ventures is an early stage venture capital firm investing in extraordinary founders building technology that makes work, life and wealth building easier and more accessible. We are a lean and collaborative team of lead investors at the earliest stages with over 70 portfolio companies across 3 successful funds. We are most interested ininvesting in companies building software infrastructure to remove everyday friction points and companies ensuring user accessibility in the worlds largest industries.

## Contacts

5 contacts available for Indicator Ventures. Shizune tracks 11 team members at Indicator Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/indicator-ventures?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 22 | 19% |
| Health Care | 13 | 11% |
| FinTech | 8 | 7% |
| Apps | 7 | 6% |
| Financial Services | 7 | 6% |

114 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 49 | 43% |
| Series A | 21 | 18% |
| Funding Round | 11 | 10% |
| Pre-Seed | 7 | 6% |
| Series B | 5 | 4% |

8 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Aditya Pandyaram | Venture Partner | 0 | https://shizune.co/investors/profile/aditya-pandyaram |
| Baiyin Murphy | General Partner | 3 | https://shizune.co/investors/profile/baiyin-murphy |
| Baiyin Murphy | General Partner | 0 | https://shizune.co/investors/profile/baiyin-zhou |
| Ben Luntz | Co-Founder & Partner Emeritus | 0 | https://shizune.co/investors/profile/ben-luntz |
| Daniel Lieberman | Venture Partner | 1 | https://shizune.co/investors/profile/daniel-lieberman-2 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| EDGE Markets | EDGE Markets provides financial infrastructure designed for trading, gaming, and other alternative financial markets, supporting both institutional and consumer participants. The company offers banking, payment, settlement, and capital movement solutions tailored for environments that require high-frequency, real-time transactions. Its platformincludes products such as EDGE Connect, a private payments and settlement network, and EDGE Pro, a banking platform for market makers and institutional investors operating in regulated markets. EDGE Markets also develops specialized debit and banking services intended to facilitate deposits, withdrawals, liquidity management, and transaction tracking while incorporating compliance and responsible-use controls. Through its integrated financial infrastructure, the company aims to improve the efficiency of payments, settlements, and capital flows across gaming, prediction, crypto, and trading ecosystems. | $29.2M | Series A | Jun 08, 2026 |  |
| Beacon Biosignals | Beacon Biosignals is a neurotechnology company focused on bringing precision neuroscience into clinical trials and treatments for brain- and sleep-related disorders. The company’s core offering includes an FDA-cleared wearable device (the Waveband headband) that captures high-fidelity EEG during sleep and wake states, combined with an AI-drivenanalytics platform that processes millions of hours of neural data to extract biomarkers of brain function. Its end-to-end solution supports pharmaceutical and biotech clients by providing tools for patient stratification, dose-response monitoring, and early-stage disease progression, enabling trials to be more precise and efficient. | $11M | Series B | Apr 06, 2026 |  |
| Beacon Biosignals | Beacon Biosignals is a neurotechnology company focused on bringing precision neuroscience into clinical trials and treatments for brain- and sleep-related disorders. The company’s core offering includes an FDA-cleared wearable device (the Waveband headband) that captures high-fidelity EEG during sleep and wake states, combined with an AI-drivenanalytics platform that processes millions of hours of neural data to extract biomarkers of brain function. Its end-to-end solution supports pharmaceutical and biotech clients by providing tools for patient stratification, dose-response monitoring, and early-stage disease progression, enabling trials to be more precise and efficient. | $86M | Series B | Nov 13, 2025 |  |
| Audioshake | Audioshake makes sound more usable for both humans and machines by separating sound into its component parts. Used by some the world's largest media, entertainment, and tech companies, AudioShake is used in audio editing workflows, Voice AI, and multimodal training. | $14M | Series A | Oct 01, 2025 |  |
| Hike Medical | Hike is building the foot health platform—AI, 3D printing, and clinical tools powering care from jobsite to clinic to home. | $5M | Seed | Jul 07, 2025 |  |
| Affiniti | Fueling Small Businesses Across America With Industry-Tailored Credit Cards. | $17M | Series A | May 20, 2025 |  |
| Chariot Claims | We make it easy for you to file your claim and secure your compensation from corporations that violated your rights. | $3.6M | Seed | Apr 29, 2025 |  |
| EDGE Markets | EDGE Markets provides financial infrastructure designed for trading, gaming, and other alternative financial markets, supporting both institutional and consumer participants. The company offers banking, payment, settlement, and capital movement solutions tailored for environments that require high-frequency, real-time transactions. Its platformincludes products such as EDGE Connect, a private payments and settlement network, and EDGE Pro, a banking platform for market makers and institutional investors operating in regulated markets. EDGE Markets also develops specialized debit and banking services intended to facilitate deposits, withdrawals, liquidity management, and transaction tracking while incorporating compliance and responsible-use controls. Through its integrated financial infrastructure, the company aims to improve the efficiency of payments, settlements, and capital flows across gaming, prediction, crypto, and trading ecosystems. | $17.2M | Seed | Mar 24, 2025 |  |
| EDGE Markets | EDGE Markets provides financial infrastructure designed for trading, gaming, and other alternative financial markets, supporting both institutional and consumer participants. The company offers banking, payment, settlement, and capital movement solutions tailored for environments that require high-frequency, real-time transactions. Its platformincludes products such as EDGE Connect, a private payments and settlement network, and EDGE Pro, a banking platform for market makers and institutional investors operating in regulated markets. EDGE Markets also develops specialized debit and banking services intended to facilitate deposits, withdrawals, liquidity management, and transaction tracking while incorporating compliance and responsible-use controls. Through its integrated financial infrastructure, the company aims to improve the efficiency of payments, settlements, and capital flows across gaming, prediction, crypto, and trading ecosystems. |  | Seed | Dec 01, 2024 |  |
| Affiniti | Fueling Small Businesses Across America With Industry-Tailored Credit Cards. | $11M | Seed | Nov 13, 2024 |  |

10 of 115 investments shown.

## Co-investors
- [RiverPark Ventures](https://shizune.co/investors/profile/riverpark-ventures) — VC Fund, 9 deals together
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 7 deals together
- [Greycroft](https://shizune.co/investors/profile/greycroft) — VC Fund, 6 deals together
- [ff Venture Capital](https://shizune.co/investors/profile/ff-venture-capital) — VC Fund, 5 deals together
- [City Light Capital](https://shizune.co/investors/profile/city-light-capital) — VC Fund, 4 deals together
- [Day One Ventures](https://shizune.co/investors/profile/day-one-ventures) — VC Fund, 4 deals together

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## FAQ

### What does Indicator Ventures invest in?

Indicator Ventures invests primarily in Software, Health Care and FinTech startups, most often at Seed and Series A stage. Most of the 115 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Indicator Ventures?

Public channels for Indicator Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Indicator Ventures?

The team at Indicator Ventures includes Aditya Pandyaram (Venture Partner), Baiyin Murphy (General Partner) and Baiyin Murphy (General Partner), among 11 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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